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Awarded contract·Alaska Energy Authority·Alaska

AIDEA Property Management Services

Won by PTP Management$500kSingle Award
Contract source

Awarded vendors

  • PTP Management

Description

The Alaska Industrial Development and Export Authority (AIDEA) awarded a three‑year property‑management contract to PTP Management for two Anchorage facilities, covering full building‑systems operation, security, janitorial, snow removal, landscaping, and related services, with a fixed monthly management fee plus reimbursement of actual direct expenses. The contract includes an annual business‑plan submission, monthly financial reporting, and the possibility of up to seven one‑year renewals. • Scope: Comprehensive FM services for a 31,800 sf office building and a 2,500 sf ancillary building, including HVAC, electrical, plumbing, fire safety, elevator service, janitorial, snow/ice control, landscaping, and occasional project‑management for capital work. • Financial terms: Fixed monthly management fee (historically $15–$17 k/yr) plus cost‑plus reimbursement of operational expenses; FY 2016 operating budget $155 k. • Duration & renewals: Base period Nov 2015 – 30 Dec 2018 with up to seven optional one‑year extensions; hold‑over provisions allow conversion to month‑to‑month after a 60‑day notice.

Attached files

Key dates

Bids closed
10/20/2015
Contract modified
10/13/2015
Starts
11/1/2015
Ends
12/30/2018Renews
Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Real Estate
NAICS
531120
Solicitation №
RFP 16023

Contract value

$500,000

The RFP documents disclose FY 2015 operating expenses of $116,374 and a FY 2016 operating budget of $155,000, plus historical management fees of $15–$17 k per year. Assuming similar operating costs for the three‑year base period (≈ $155k × 3 = $465k) and adding three years of management fees (≈ $48k), the total contract value is roughly $513,000. Rounding to a clean figure, a reasonable estimate is about $500,000 for the base term, not counting any potential renewal years.

AI estimate from the award documents

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