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  5. ›Farming on Corvallis Municipal Airport Lands

Awarded contract·City of Corvallis·Oregon

Farming on Corvallis Municipal Airport Lands

Won by Ryan Cheeke Farms +1 more$21.2MMultiple Award
Contract source

Awarded vendors

  • Ryan Cheeke Farms
  • GSF Corp

Description

The City of Corvallis is seeking a qualified party to lease approximately 1,060 acres of property for active farming purposes. The lease will be for 20 years, with an option for two 5-year extensions or one 10-year extension. The proposers will be evaluated based on their qualifications, experience, and operational approach to dry land farming, as well as their ability to support the City's sustainability and social equity objectives. The proposal price will also be considered. • The City is looking for a proposer with experience in dry land farming and a strong operational approach to stewarding the land. • The proposer should have a good understanding of airfield safety protocols and operations. • The City values sustainability and social equity, and the proposer should be able to support these objectives. • The proposal price will be considered, but it is not the only factor in the evaluation process.

Attached files

Key dates

Duration
20 years

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Agriculture
NAICS
111110
Solicitation №
PW 2021-016

Contract value

$21,200,000

The value of the contract is not explicitly stated, but based on the fact that it is a 20-year lease for 1,060 acres of land, it is likely to be a significant amount. The annual rent for agricultural land in Oregon can range from $50 to $200 per acre, depending on the location and quality of the land. Assuming an average annual rent of $100 per acre, the total value of the contract would be approximately $21,200,000 over 20 years. However, this is just a rough estimate and the actual value of the contract could be higher or lower.

AI estimate from the award documents

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