Gulfport to Lease Sportsplex Facilities to GPT SFM LLC
City of GulfportCity · Gulfport, MS- Disclosed value
- $63,732.00 annual rent, payable in 12 monthly installments of $5,311.00, with CPI-based annual adjustments (1%–3% cap) after March 31, 2027
- From agenda
- Document date
- Mar 31, 2026
- Renews
- Free account
The 30-second brief
The City of Gulfport plans to enter into a lease with GPT SFM, LLC for maintenance and office facilities at the Gulfport Sportsplex at 17200 16th Street, designating the property as surplus. The one-year lease beginning April 1, 2026 sets annual rent at $63,732 with CPI-based adjustments and converts to month-to-month thereafter unless extended or terminated.
Gpt Sfm LLC holds this facilities contract with City of Gulfport.
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Contract details
- Contract type
- Facilities
- Amount
- $63,732.00 annual rent, payable in 12 monthly installments of $5,311.00, with CPI-based annual adjustments (1%–3% cap) after March 31, 2027
- Document date
- March 31, 2026
- Term
- Initial term from 12:00 a.m. April 1, 2026 to 11:59 p.m. March 31, 2027; thereafter month-to-month until terminated on 30 days’ notice or extended by written agreement
- Renews
- On record
- Vendor
- Gpt Sfm LLC
- Agency
- City of Gulfport
- Source document
- City of Gulfport Council Meeting Agenda March 2026 (Agenda)
Gpt Sfm LLC's other public contracts
More City of Gulfport contracts
Questions about this contract
Who was awarded the facilities contract by City of Gulfport?
Gpt Sfm LLC was awarded this facilities contract by City of Gulfport, as recorded on March 31, 2026. The contract value is $63,732.00 annual rent, payable in 12 monthly installments of $5,311.00, with CPI-based annual adjustments (1%–3% cap) after March 31, 2027.
How much is the Gpt Sfm LLC contract with City of Gulfport worth?
The Gpt Sfm LLC contract with City of Gulfport is valued at $63,732.00 annual rent, payable in 12 monthly installments of $5,311.00, with CPI-based annual adjustments (1%–3% cap) after March 31, 2027, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agenda record.
Where was this contract approved?
This contract appears in City of Gulfport Council Meeting Agenda March 2026 (Agenda), dated March 31, 2026 from City of Gulfport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Gpt Sfm LLC hold?
Gpt Sfm LLC 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 Gulfport currently buying?
Explore City of Gulfport's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.