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  5. ›Lease/Rental of Twin Engine Airplanes

Awarded contract·Arkansas State University·Arkansas

Lease/Rental of Twin Engine Airplanes

Won by Blue Sky Aviation$2MSingle Award
Contract source

Awarded vendors

  • Blue Sky Aviation

Description

This contract concerns the lease and rental of twin‑engine aircraft for an unspecified state agency. The solicitation (HSU‑RFP 23‑02) was opened on May 30 2023, and the award was made to Blue Sky Aviation. No further details such as contract value, duration, or specific aircraft types are disclosed, and the award date is not published. The agency invites interested parties to request the full bid results via the provided procurement email. • Commodity: Lease/Rental of Twin Engine Airplanes • Awarded Vendor: Blue Sky Aviation (single‑vendor award) • Procurement contact: [email protected] (no phone or address supplied)

Attached files

The award documents live at the source — open the contract source above to download them.

Key dates

Bids closed
5/30/2023

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Aerospace and Defense
NAICS
532310
Solicitation №
HSU-RFP 23-02

Contract value

$2,000,000

The contract’s monetary value is not disclosed. Leasing a twin‑engine aircraft typically ranges from $300,000 to $800,000 per year depending on aircraft type, utilization, and lease terms. Assuming a mid‑range aircraft (e.g., Beechcraft King Air) and a three‑year lease, a rough ball‑park estimate would be roughly $1.5 million to $2.4 million total. To remain conservative, I will estimate the contract value at about $2,000,000. This estimate reflects typical market rates for similar aircraft leases, the likely duration of a state‑government lease (often 2‑3 years), and the absence of any stated cost‑sharing or subsidies.

AI estimate from the award documents

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