UAMS considering hotel lease agreement
University Of Arkansas System OfficeHigher Ed · Little Rock, AR- Disclosed value
- $340,241.76 + $82,981.80/year
- From agenda
- Document date
- Jan 24, 2024
- Term
- 99 years
The 30-second brief
UAMS is considering a ground lease with GHC Little Rock Hotel Ownership, LLC for a hotel construction. The lessee will pay an initial lump sum of $340,241.76 for the first 60 months and then $82,981.80 annually.
Ghc Little Rock Hotel Ownership holds this lease contract with University Of Arkansas System Office. Its other public contracts on record include work for University Of Arkansas At Pine Bluff and University Of Arkansas System Eversity.
Term as filed: 99 years.
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Contract details
- Contract type
- Lease
- Amount
- $340,241.76 + $82,981.80/year
- Document date
- January 24, 2024
- Term
- 99 years
- Source document
- university-of-arkansas-system-office-agenda-2024-01-24_df9.pdf (Agenda)
Ghc Little Rock Hotel Ownership's other public contracts
More University Of Arkansas System Office contracts
Questions about this contract
Who was awarded the lease contract by University Of Arkansas System Office?
Ghc Little Rock Hotel Ownership was awarded this lease contract by University Of Arkansas System Office, as recorded on January 24, 2024. The contract value is $340,241.76 + $82,981.80/year.
How much is the Ghc Little Rock Hotel Ownership contract with University Of Arkansas System Office worth?
The Ghc Little Rock Hotel Ownership contract with University Of Arkansas System Office is valued at $340,241.76 + $82,981.80/year, covering lease work.
What type of contract is this?
This is a Lease contract, documented as a agenda record.
Where was this contract approved?
This contract appears in university-of-arkansas-system-office-agenda-2024-01-24_df9.pdf (Agenda), dated January 24, 2024 from University Of Arkansas System Office. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Ghc Little Rock Hotel Ownership hold?
Ghc Little Rock Hotel Ownership 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 University Of Arkansas System Office currently buying?
Explore University Of Arkansas System Office's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.