Award
Industry Public Utilities Commission 1000038013
470_Bayshore_Monthly Lease
Recipient
Toland 1, LLC
Award Amount
$700,283.00
Ceiling
$700,283.00
Awarded
March 15, 2026
Identifier
1000038013
This purchase order involves the California Public Utilities Commission, specifically the Industry Public Utilities Commission, issuing a contract to Toland 1, LLC for a monthly lease at Bayshore. The total awarded amount is $700,283, covering multiple line items including lease payments and related services, with a contract start date of March 15, 2026, and an end date of May 1, 2031. The contract is a non-purchasing lease agreement, possibly a multi-year arrangement, with a total contract value exceeding $22 billion historically, though the current award is for a portion of that. The procurement is categorized under higher education miscellaneous, but the buyer is a public utility, and the award is for leasing property.
Description
470_Bayshore_Monthly Lease