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Florida Department of Financial Services: F.A.C.T.S

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Contract Information

 

Summary

Agency Name: DEPARTMENT OF FINANCIAL SERVICES

Agency Contract ID: 430.0174

Long Title: Hancock Center, Panama City

Vendor Name: PANAMA CITY FINANCIAL CENTER, L

Total Contract Amount: $672,393.17

Total Budgetary Amount: $327,061.37

Total Payment To Date: $588,515.90

Date of Execution: 10/18/2012

General Description: Lessor agrees to provide leased office space as identified in the lease contract for a fixed rate per month, per square foot.

Main Information

Agency Contract ID: 430.0174

FLAIR Contract ID: D0689

Short Title: Lease

Long Title: Hancock Center, Panama City

Contract Type: Standard Two Party Agreement by Statute

Contract Status: Active

Date of Execution: 10/18/2012

Date of Beginning: 11/01/2012

Original End Date: 10/31/2017

New Ending Date: 10/31/2027

Agency Service Area: LS

Statutory Authority: F.S. 255.25

Contract Involves State or Federal Financial Assistance: No

Recipient Type:

Provide for Administrative Cost: No

Provide for Periodic Increase: No

Procurement Information

Authorized Advanced Payment: No

Method of Procurement: Leases less than 5,000 sq ft in a privately owned facility – may be obtained using quotes [s. 255.249, FS and Rule 60H-1.016, FAC]

State Term Contract ID:

Contract’s Exemption Justification:

Agency Reference Number:

Business Case Study Done: No

Legal Challenges to Procurement: No

Outsourcing / Capital Improvements

Was the Contracted Function Previously Performed by the State: No

Was the Contracted Function Considered for Insourcing back to the State: No

Did the Vendor Make Capital Improvements on State Property: No

Budget Information

Original Contract Amount: $117,999.26

Total Contract Amount: $672,393.17

Total Recurring Budgetary Amount: $327,061.37

Total Non-Recurring Budgetary Amount: $0.00

Total Budgetary Amount: $327,061.37

Total Unfunded Amount: $345,331.80

As of Date: 9/14/2021

Recurring Budgetary Amount Account Code Fiscal Year Effective Date FY Cost Accumulator Agency Amendment Reference
$0.00 43-10-2-393001-43700100-00-040000-00 07/01/2026 2026-2027 R2
$0.00 43-10-2-393001-43700100-00-040000-00 07/01/2025 2025-2026 R2
$0.00 43-10-2-393001-43700100-00-040000-00 07/01/2024 2024-2025 R2
$0.00 43-10-2-393001-43700100-00-040000-00 07/01/2023 2023-2024 R2
$0.00 43-10-2-393001-43700100-00-040000-00 07/01/2022 2022-2023 R2
$0.00 43-10-2-393001-43700100-00-040000-00 07/01/2021 2021-2022 R2
$17,282.64 43-10-2-393001-43700100-00-040000-00 07/01/2021 2021-2022 R1
$51,347.16 43-10-2-393001-43700100-00-040000-00 07/01/2020 2020-2021 R1
$49,857.72 43-10-2-393001-43700100-00-040000-00 07/01/2019 2019-2020 R1
$48,406.80 43-10-2-393001-43700100-00-040000-00 07/01/2018 2018-2019 R1
$46,994.40 43-10-2-393001-43700100-00-040000-00 07/01/2017 2017-2018 R1
$28,279.29 43-10-2-393001-43700100-00-040000-00 07/01/2016 2016-2017 R1
$24,051.03 43-10-2-393001-43300300-00-040000-00 07/01/2015 2015-2016
$23,350.21 43-10-2-393001-43300300-00-040000-00 07/01/2014 2014-2015
$22,673.79 43-10-2-393001-43300300-00-040000-00 07/01/2013 2013-2014
$14,818.33 43-10-2-393001-43300300-00-040000-00 11/01/2012 2012-2013


No Non-Recurring Budgetary records found for this contract.

Contract Change

Change Type Amendment Amount Agency Amendment Reference Change Description Amendment Effective Date Amendment Execution Date New Ending Date
Renewal $345,331.80 R2 Renewal 11/01/2021 10/11/2021 10/31/2027
Renewal $209,062.11 R1 Renew & Increase SF 05/01/2017 03/27/2017 10/31/2021
Amendment $0.00 A1 Change in Ownership 12/21/2016 12/21/2016

Vendor

Name Line 1Name Line 2City State ZipMinority Vendor Designation
PANAMA CITY FINANCIAL CENTER, L PANAMA CITY FL 324050000 Non-Minority

CFDA

No CFDA Codes found for the contract.

CSFA

No CSFA Codes found for the contract.
More Deliverable Number      Commodity/Service Type Major Deliverable Method of Payment
     
LEASE/RENTAL, TANGIBLE PROPERTY Lessor agres to provide leased office space as identified in the lease contract for a fixed rate per... Fixed Fee / Unit Rate
     
1 Lease and rental of property or building R2:Lessor agrees to provide leased office space as identified in the lease contract for a fixed rate... Fixed Fee / Unit Rate
     
1 Lease and rental of property or building R1:Lessor agrees to provide leased office space as identified in the lease contract for a fixed rate... Fixed Fee / Unit Rate
 Displaying 1 to 3 of 3    


Payments are also referred to as expenditures (creating or incurring a legal obligation to disburse money) or disbursements (the payment of expenditures). Payments include disbursements and accounting adjustments made on a contract. Payments are always positive amounts while accounting adjustments may be positive or negative depending on the type of adjustment.

Payment Details

"Date" in the listing below indicates the date the payment voucher was recorded in the system, not the date the payment was issued.
More Fiscal Year Total Amount
     
2025-2026 $59,507.00
     
2024-2025 $57,773.64
     
2023-2024 $56,091.60
     
2022-2023 $54,454.48
     
2021-2022 $52,875.12
     
2020-2021 $51,347.16
     
2019-2020 $49,857.72
     
2018-2019 $48,406.80
     
2017-2018 $46,994.40
     
2016-2017 $28,279.32
     
2015-2016 $24,051.04
     
2014-2015 $21,385.50
     
2013-2014 $22,673.80
     
2012-2013 $14,818.32

If a payment or adjustment to a contract was made before July 1, 2012, the information may not be posted in this system.

Contract Documents


Click on the pdf icon or Agency Document Link to view the document
Document Type Document Reference # Executed Date Document Add Date Agency Document Link View
Original Contract Original Contract - D0689 10/18/2012 11/14/2012 2:22:50 PM
Amendment A1 12/21/2016 1/31/2017 2:35:22 PM
Renewal R1 03/27/2017 5/3/2017 10:39:02 AM
Renewal R2 10/11/2021 9/14/2021 11:06:08 AM


Audit results posted prior to June 30, 2012, appear in a summarized form. As of July 1, 2012, the audit reporting process was expanded to include additional questions and comments from the Bureau of Auditing. As audits are captured in electronic format, they will be posted to this system. If you are interested in seeing audit reports by Fiscal Year and Agency Action Plans, please click here to navigate to the Transparency Florida Contract Audit page.

  • No audits have been conducted on this contract at this time.
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