overview of air force enhanced use lease (eul) program
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Overview of Air Force Enhanced Use Lease (EUL) Program. 10 USC § 2667 provides Enhanced Use Lease (EUL) authority An EUL is a lease… by the Government Of non-excess real or personal property - PowerPoint PPT PresentationTRANSCRIPT
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Headquarters U.S. Air Force
Overview of Air Force Enhanced Use Lease (EUL) Program
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EUL Overview 10 USC § 2667 provides Enhanced Use Lease (EUL) authority
An EUL is a lease… by the Government
Of non-excess real or personal property
Not anticipated to be needed for the duration of the lease, but which the Air Force may need at some future date or needs to retain ownership for a mission-related reason
Under the control of the Government
To a public or private sector Lessee
In exchange for fair market value rental payments (cash or in-kind consideration)
AFRPA has been charged by SAF with acquiring, managing and disposing of all Air Force-controlled real property worldwide
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EUL Objective
An Enhanced Use Lease allows the Installation to leverage real property assets to: Provide solutions for validated, unfunded installation
requirements through cash or in-kind consideration proceeds Enhance mission capabilities by encouraging innovation
through commercial, market-based projects Gain value while managing encroachment Foster engines for economic growth in local communities
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EUL projects unlock asset EUL projects unlock asset value, create funding for value, create funding for installations, and help meet installations, and help meet asset management goalsasset management goals
EUL projects unlock asset EUL projects unlock asset value, create funding for value, create funding for installations, and help meet installations, and help meet asset management goalsasset management goals
The Power of EUL
Maximize asset value Update/retrofit infrastructure and facilities Create resources for installation use Long-term, proactive asset management Manage development with minimum mission impact In-kind consideration to meet unfunded needs and create
renewable energy sources
Benefits:
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EUL Lifecycle
Informal & Formal Congressional Notification
180 Business Days
PHASE 0
Business Development
PHASE I
Project Identification
PHASE II
Project Definition & Acquisition
PHASE III
Lease Negotiation & Closing
PHASE IV
Project Management
PHASE V
Project Closeout
OSD Reporting
+/- 50 Years
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Success Stories
6 executed transactions Managing nearly 35 projects in the EUL inventory Adapted to market conditions with focus on energy projects Increased due diligence and established pipeline of projects
Eglin AFB, FL: Funding for much needed facilities maintenance and
upgrades
Hill AFB, UT: New office spaces to replace antiquated World War II-era
warehouses
Nellis AFB, NV: Construction of an installation
fitness facility
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Success Stories
Wright-Patterson AFB:
Unlocked value through EUL of non-excess hyperbaric facilities
Avoided annual maintenance expense Created AF training opportunities Lease terms provide flexibility through
additional option periods First EUL of existing facilities
Lease execution timeline under one year Lease signed 1 Oct 2011
Edwards AFB: Largest energy EUL project in DoD Nearly 3,300 acres Photovoltaic solar Potential to generate up to 440 MW Signed Agreement to Lease with
Fotowatio Renewable Ventures (Jan 2010)
Construction to begin early 2014
Edwards AFB, CA
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Current EUL Opportunities
Patrick-Ramey
Hill
Eglin-Emerald Breeze; ECTRC
Edwards
JB McGuire/ Dix/Lakehurst
Clear
Park City
Holloman
Travis
Phase I EUL Phase II/III EUL Other VBT
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Project Overview
98 acres
Utilities available
Adjacent to Univ. of FL Research & Engineering Education Facility
Potential connection to high-speed Florida LambdaRail
Envision mixed-use research and development technology park
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Keys to Success
The Air Force will compete source selection. To give your proposal the best chance at success, follow these tips…
Stay informed www.safie.hq.af.mil/afrpa/eul www.FedBizOpps.gov http://jllress.com/
Eglin_AFB_ECTRC/eglin_afb.html
Competition is the norm
Non-FAR transaction
Risk and Qualifications Strategic approach Organizational capability Financial ability Past performance
To be considered highly qualified, your proposal must meet the stated minimum requirements in a way that is beneficial to the Government.
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Contact Info
Project Manager – Kathy Bustos, 210-395-9518, [email protected]
Real Estate Support Services Consultant (Jones Lang LaSalle) – Bryan Thomas, [email protected]
Technical Advisor – Matt Long, mlong@smith collaboration.com
Eglin EUL Program Manager – Glenn Wagner, [email protected]
Websites: http://jllress.com/Eglin_AFB_ECTRC/eglin_afb.html https://www.fbo.gov/index?
s=opportunity&mode=form&tab=core&id=ec2f80e018312562c2ab8561ea065fe6
www.safie.hq.af.mil/afrpa/eul/index.asp