Melbourne Airport Authority Agenda 2026-06-24
Airport Renews TSA Space Lease with GSA
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Description
Melbourne Airport staff recommended approving a new five-year lease with the General Services Administration for 1,623 square feet of terminal space used by TSA, starting June 1, 2026. The agreement, with a five-year renewal option, will generate about $452,900 in revenue over the initial term, excluding CPI-based increases.
Contract Details
Contract Amount
Approximately $90,579.63 annually; approximately $452,900 over first five years (excluding CPI increases)
Vendor
GENERAL SERVICES ADMINISTRATION
Agency
Melbourne Airport Authority, FL
Contract Type
FACILITIES
Document Date
June 24, 2026
Contract Term
Five years beginning June 1, 2026, with one five-year option
Renewal Date
2031-05-31
Renewal Info
Initial five-year term from June 1, 2026, with one additional five-year option; operating cost portion of rent is subject to annual CPI increase.
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