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  5. ›26-010 AIRPORT CORPORATE HANGAR LEASE - RICHARD B RUSSELL AIRPORT R…

Georgia Floyd County Board of Commissioners·Georgia

26-010 AIRPORT CORPORATE HANGAR LEASE - RICHARD B RUSSELL AIRPORT ROME GA

Closes 8/20/2026$500k – $2MRequest for Proposal
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Description

The Floyd County Board of Commissioners is seeking proposals from qualified parties interested in leasing a newly constructed Corporate Hangar at Richard B. Russell Airport. The successful respondent may be chosen to enter a long-term lease for the hangar. The proposal should include identification information, a detailed description of the intended use for the hangar, and a description of the business plan for the hangar. The evaluation criteria include understanding of the airport's goal, investment into the property and the airport, lease rate and term, and the use of ancillary services. • The hangar is a newly constructed facility with 84’x80’ hangar bay, a 74’x24’ single-panel hydraulic hangar door, and an unfinished 30’x80’ office area. • The airport has a based aircraft population of approximately 100 aircraft and averages 37,000 operations per year. • The lease term and rates will be negotiable based on the chosen proposal and the capital investment the proposer will commit. • The Board of Commissioners reserves the right to reject any or all proposals and waive any or all irregularities or to proceed otherwise when in the best interest of the County.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Randy E. Self(Purchasing Director)

[email protected]

(706) 291-5118

Key dates

Opened
7/15/2026
Questions due
7/2/2026
Closes
8/20/2026

Last updated

Details

Type
Request for Proposal
Industry
Transportation and Public Transit
NAICS
488190
Solicitation №
26-010

Budget estimate

$500,000 – $2,000,000

The budget for this opportunity is estimated to be around $93,600 per year, which is the required return on investment for the construction of the hangar. However, the actual budget may vary depending on the proposer's investment and business plan. The budget may also include additional revenue from fuel sales, aircraft maintenance, and other airport services. The total budget for the lease term could range from $500,000 to $2,000,000, depending on the length of the lease and the proposer's business plan.

AI estimate from the solicitation

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