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