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renewal of contract lease

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renewal of contract lease

Post by mjc on Fri Jan 29, 2010 4:01 pm

Current Situation:
For year 2009 a government agency rented a privately owned office space from January – December 2009. For now, the Contract of Lease already expires. They have submitted a letter to BAC Office requesting a renewal of their Contract of Lease for January – December 2010. All of the stipulations in the old contract remain the same except that there is a minimal increase of the rental.

Questions:
What is the mode of procurement? To bid or not to Bid? What should be done?

any suggestions..thanks.
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Re: renewal of contract lease

Post by Guest on Fri Jan 29, 2010 4:35 pm

GPPB reso 19-2007 - if under this guidelines use multi year of 3 year contract, or you could extend for 1 year under gppb reso 23-2007 or gppb reso 3-2006

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Re: renewal of contract lease

Post by mjc on Mon Feb 01, 2010 3:14 pm

thanks a lot.
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renewal of lease

Post by GoldenBoy ng BAC on Wed Mar 16, 2011 3:37 pm

please correct me on the following situations:
1. if a government agency desires to extend a contract of lease with a privately-owned entity before the contract of lease expires, is there still a need to undergo public bidding?or will a supplemental agreement suffice to extend the contract without the need for a public bidding?
2. if the government agency desires to renew a contract of lease after the period of lease has expired, is is safe to say that a public bidding will be required to renew the lease.

Your reply will be truly appreciated.Thanks.
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Re: renewal of contract lease

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