7 Neb. Admin. Code, ch. 2, § 004

Current through September 17, 2024
Section 7-2-004 - LEASE
004.01 Upon approval by the Director of DAS and the SBD of contract award, the SBD will proceed in finalizing a lease agreement with the successful vendor (Lessor). Copies of the lease agreement will be sent to the Lessor for review and signature(s) and then returned to the SBD (Lessee) for final review and approval by the SBD, verification from the Budget Division as to the availability of sufficient agency appropriations to fund the lease, and approval and signature by the Director of DAS. Once the lease is executed, the SBD will return one fully executed copy of the lease agreement to the Lessor.
004.02 The proposed lease agreement will not take effect until executed by all necessary parties and the premises are ready for full legal occupancy. If a lease agreement cannot be successfully executed between the SBD and the Lessor, a new RFP may be issued.
004.03 SBD will then prepare a Space Allocation Agreement (SAA) between the Lessee and the Tenant Agency. The SAA is a binding agreement between the Tenant Agency and the SBD guaranteeing reimbursement by the Tenant Agency to Lessee for all rentals and associated lease costs paid to Lessor by the Lessee. A copy of the lease agreement will be attached to the SAA.

7 Neb. Admin. Code, ch. 2, § 004

Amended effective 5/8/2022