Groton-Dunstable School District Awards Facilities Contract to Boingo LLC (January 2024)
Groton-Dunstable School DistrictSchool · Groton, MA- Disclosed value
- $2,500 Initial Option Fee; $835 per Additional Option Period (1 year); $250 Option Exercise Fee; plus 20% of Subtenant Monthly RAFs (revenue share payments) during lease term
- From agreement
- Approved
- Jan 1, 2024
The 30-second brief
Groton-Dunstable Regional School District approved an Option and Ground Lease Agreement with Boingo LLC for the installation and operation of telecommunications tower facilities. The agreement includes a $2,500 initial option fee, annual extensions at $835, and a long-term lease with revenue sharing based on 20% of subtenant wireless carrier fees, with an initial term of 10 years and up to 45 years of automatic renewal. Boingo will construct and manage telecom infrastructure on district property.
Boingo LLC holds this facilities contract with Groton-Dunstable School District. Its other public contracts on record include work for Burbank-Glendale-Pasadena Airport Auth and Hollywood Burbank Airport Authority.
Term as filed: Option Period: 3 years initial, extendable in 1-year increments; Lease: 10 years initial, auto-renewed for up to nine 5-year terms (total possible term of 55 years).
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Contract details
- Contract type
- Facilities
- Amount
- $2,500 Initial Option Fee; $835 per Additional Option Period (1 year); $250 Option Exercise Fee; plus 20% of Subtenant Monthly RAFs (revenue share payments) during lease term
- Document date
- January 1, 2024
- Term
- Option Period: 3 years initial, extendable in 1-year increments; Lease: 10 years initial, auto-renewed for up to nine 5-year terms (total possible term of 55 years)
- Vendor
- Boingo LLC
- Source document
- option_and_ground_lease_agreement_groton_dunstable.pdf (Agreement)
Boingo LLC's other public contracts
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Questions about this contract
Who was awarded the facilities contract by Groton-Dunstable School District?
Boingo LLC was awarded this facilities contract by Groton-Dunstable School District, as recorded on January 1, 2024. The contract value is $2,500 Initial Option Fee; $835 per Additional Option Period (1 year); $250 Option Exercise Fee; plus 20% of Subtenant Monthly RAFs (revenue share payments) during lease term.
How much is the Boingo LLC contract with Groton-Dunstable School District worth?
The Boingo LLC contract with Groton-Dunstable School District is valued at $2,500 Initial Option Fee; $835 per Additional Option Period (1 year); $250 Option Exercise Fee; plus 20% of Subtenant Monthly RAFs (revenue share payments) during lease term, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agreement record.
Where was this contract approved?
This contract appears in option_and_ground_lease_agreement_groton_dunstable.pdf (Agreement), dated January 1, 2024 from Groton-Dunstable School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Boingo LLC hold?
Boingo 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 Groton-Dunstable School District currently buying?
Explore Groton-Dunstable School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.