CONTRACTAPPROVED

City of Cincinnati Awards Facilities Contract to Signature Engines Inc (February 2023)

City of Cincinnati logoCity of Cincinnati
Disclosed value
$19,829.00 per year for Lease Area 23; $21,301.00 per year for Lease Area 24
From agendapacket
Approved
Feb 27, 2023

The 30-second brief

What it covers

The City of Cincinnati approved execution of two long-term lease agreements with Signature Engines, Inc. for continued use of Lunken Airport Lease Areas 23 and 24. The leases set annual rents of about $19,829 and $21,301 respectively, with an initial five-year term and three optional five-year renewals, allowing up to 20 years of occupancy for aviation-related operations.

Who holds it

Signature Engines Inc holds this facilities contract with City of Cincinnati.

What happens next

Term as filed: Initial 5-year term with three 5-year renewal options (total up to 20 years) beginning first day of month after Effective Date.

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Contract details

Contract type
Facilities
Amount
$19,829.00 per year for Lease Area 23; $21,301.00 per year for Lease Area 24
Document date
February 27, 2023
Term
Initial 5-year term with three 5-year renewal options (total up to 20 years) beginning first day of month after Effective Date
Source document
City of Cincinnati AgendaPacket Budget and Finance Committee 2023-02-27 (AgendaPacket)

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Questions about this contract

Who was awarded the facilities contract by City of Cincinnati?

Signature Engines Inc was awarded this facilities contract by City of Cincinnati, as recorded on February 27, 2023. The contract value is $19,829.00 per year for Lease Area 23; $21,301.00 per year for Lease Area 24.

How much is the Signature Engines Inc contract with City of Cincinnati worth?

The Signature Engines Inc contract with City of Cincinnati is valued at $19,829.00 per year for Lease Area 23; $21,301.00 per year for Lease Area 24, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Cincinnati AgendaPacket Budget and Finance Committee 2023-02-27 (AgendaPacket), dated February 27, 2023 from City of Cincinnati. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Signature Engines Inc hold?

Signature Engines Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Cincinnati currently buying?

Explore City of Cincinnati's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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