CONTRACTRECOMMENDED

New Long-Term Hangar Lease Planned with Simon Hangar LLC

Disclosed value: $384,652 annually during initial five-year term; From agendapacket
Document date: Jun 26, 2026
Renews: Mar 2027; Free account

What it covers

The Indianapolis Airport Authority is set to approve a new Land and Building Lease Agreement with Simon Hangar, LLC for a corporate hangar at 3050 S. High School Road. The lease runs from July 1, 2026 through June 30, 2031 with three optional five-year renewals and annual rent of $384,652 during the primary term.

Who holds it

Simon Hangar LLC holds this facilities contract with Indianapolis Airport Authority.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Indianapolis Airport Authority contract.

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Contract details

Contract type: Facilities
Amount: $384,652 annually during initial five-year term
Document date: June 26, 2026
Term: July 1, 2026 – June 30, 2031, with three five-year renewal terms possible through June 30, 2046
Renews: Free account
Vendor: Simon Hangar LLC
Agency: Indianapolis Airport Authority
Source document: Indianapolis Airport Authority AgendaPacket Board Meeting 2026-06-26 (AgendaPacket)

Simon Hangar LLC's other public contracts

Indianapolis Airport Authority, IndianaSimon Hangar Lands Long-Term Airport Lease · Jul 17, 2026Undisclosed Indianapolis Airport Authority, IndianaIAA Approves Land and Building Lease with Simon Hangar · Jul 16, 2026Undisclosed All Simon Hangar LLC contractsVendor profile

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Questions about this contract

Who was awarded the facilities contract by Indianapolis Airport Authority?

Simon Hangar LLC was awarded this facilities contract by Indianapolis Airport Authority, as recorded on June 26, 2026. The contract value is $384,652 annually during initial five-year term.

How much is the Simon Hangar LLC contract with Indianapolis Airport Authority worth?

The Simon Hangar LLC contract with Indianapolis Airport Authority is valued at $384,652 annually during initial five-year term, 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 Indianapolis Airport Authority AgendaPacket Board Meeting 2026-06-26 (AgendaPacket), dated June 26, 2026 from Indianapolis Airport Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Simon Hangar LLC hold?

Simon Hangar 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 Indianapolis Airport Authority currently buying?

Explore Indianapolis Airport Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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