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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: AD.430.0187

Long Title: Hilltop Bldg LLC

Vendor Name: RB ASSET MANAGEMENT LLC

Total Contract Amount: $6,472,342.25

Total Budgetary Amount: $9,750,353.40

Total Payment To Date: $2,380,627.12

Date of Execution: 09/21/2018

General Description: New contract for fifteen (15) years. The premises consist of 14,961 square feet. This lease will house Public Assistance Fraud and Rehabilitation & Liquidation.

Main Information

Agency Contract ID: AD.430.0187

FLAIR Contract ID: D1343

Short Title: Hilltop

Long Title: Hilltop Bldg LLC

Contract Type: Standard Two Party Agreement by Statute

Contract Status: Active

Date of Execution: 09/21/2018

Date of Beginning: 11/01/2019

Original End Date: 10/31/2034

New Ending Date:

Agency Service Area: AD

Statutory Authority: 255.25, F.S.

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 more than 5,000 sq ft in a privately owned facility – must be obtained through competitive procurement [s. 255.249, FS and Rule 60H-1.015, 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: $5,206,428.00

Total Contract Amount: $6,472,342.25

Total Recurring Budgetary Amount: $9,750,353.40

Total Non-Recurring Budgetary Amount: $0.00

Total Budgetary Amount: $9,750,353.40

Total Unfunded Amount: ($3,278,011.15)

As of Date: 12/29/2025

Recurring Budgetary Amount Account Code Fiscal Year Effective Date FY Cost Accumulator Agency Amendment Reference
$42,283.90 43-10-2-393001-43700500-00-040000-00 07/01/2034 2034-2035 A1
$133,775.90 43-10-2-393001-43500100-00-040000-00 07/01/2034 2034-2035 A1
$126,059.87 43-10-2-393001-43700500-00-040000-00 07/01/2033 2033-2034 A1
$398,822.53 43-10-2-393001-43500100-00-040000-00 07/01/2033 2033-2034 A1
$123,684.36 43-10-2-393001-43700500-00-040000-00 07/01/2032 2032-2033 A1
$391,307.04 43-10-2-393001-43500100-00-040000-00 07/01/2032 2032-2033 A1
$121,308.87 43-10-2-393001-43700500-00-040000-00 07/01/2031 2031-2032 A1
$383,791.53 43-10-2-393001-43500100-00-040000-00 07/01/2031 2031-2032 A1
$118,933.37 43-10-2-393001-43700500-00-040000-00 07/01/2030 2030-2031 A1
$376,276.03 43-10-2-393001-43500100-00-040000-00 07/01/2030 2030-2031 A1
$116,557.86 43-10-2-393001-43700500-00-040000-00 07/01/2029 2029-2030 A1
$368,760.54 43-10-2-393001-43500100-00-040000-00 07/01/2029 2029-2030 A1
$114,182.37 43-10-2-393001-43700500-00-040000-00 07/01/2028 2028-2029 A1
$361,245.03 43-10-2-393001-43500100-00-040000-00 07/01/2028 2028-2029 A1
$111,806.87 43-10-2-393001-43700500-00-040000-00 07/01/2027 2027-2028 A1
$353,729.53 43-10-2-393001-43500100-00-040000-00 07/01/2027 2027-2028 A1
$109,431.36 43-10-2-393001-43700500-00-040000-00 07/01/2026 2026-2027 A1
$346,214.04 43-10-2-393001-43500100-00-040000-00 07/01/2026 2026-2027 A1
$107,055.87 43-10-2-393001-43700500-00-040000-00 07/01/2025 2025-2026 A1
$338,698.53 43-10-2-393001-43500100-00-040000-00 07/01/2025 2025-2026 A1
$0.00 43-20-2-261008-43700500-00-040000-00 07/01/2025 2025-2026 A1
$0.00 43-20-2-261008-43500700-00-040000-00 07/01/2024 2024-2025 A1
$0.00 43-10-2-393001-43500100-00-040000-00 07/01/2024 2024-2025 A1
$0.00 43-20-2-261008-43500700-00-040000-00 07/01/2023 2023-2024 A1
$0.00 43-10-2-393001-43500100-00-040000-00 07/01/2023 2023-2024 A1
$0.00 43-10-2-393001-43500100-00-040000-00 07/01/2018 2018-2019
$5,206,428.00 43-20-2-261008-43500700-00-040000-00 07/01/2018 2018-2019


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
Amendment $1,265,914.25 A1 Increase Square Footage Mod 1 01/01/2024 10/25/2023

Vendor

Name Line 1Name Line 2City State ZipMinority Vendor Designation
RB ASSET MANAGEMENT LLC MIDWAY FL 323430000 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 and rental of property or building Lessor agrees to provide leased office space as identified in the lease contract for a fixed rate pe... Fixed Fee / Unit Rate
     
Lease and rental of property or building Lessor agrees to provide leased office space as identified in the lease contract for a fixed rate pe... Fixed Fee / Unit Rate
     
Lease and rental of property or building Lessor agrees to provide leased office space as identified in the lease contract for a fixed rate pe... Fixed Fee / Unit Rate
     
Lease and rental of property or building Lessor agrees to provide leased office space as identified in the lease contract for a fixed rate pe... Fixed Fee / Unit Rate
     
Lease and rental of property or building Lessor agrees to provide leased office space as identified in the lease contract for a fixed rate pe... Fixed Fee / Unit Rate
     
Lease and rental of property or building Lessor agrees to provide leased office space as identified in the lease contract for a fixed rate pe... Fixed Fee / Unit Rate
     
Lease and rental of property or building Lessor agrees to provide leased office space as identified in the lease contract for a fixed rate pe... Fixed Fee / Unit Rate
     
Lease and rental of property or building Lessor agrees to provide leased office space as identified in the lease contract for a fixed rate pe... Fixed Fee / Unit Rate
     
Lease and rental of property or building Lessor agrees to provide leased office space as identified in the lease contract for a fixed rate pe... Fixed Fee / Unit Rate
     
Lease and rental of property or building Lessor agrees to provide leased office space as identified in the lease contract for a fixed rate pe... Fixed Fee / Unit Rate
     
Lease and rental of property or building Lessor agrees to provide leased office space as identified in the lease contract for a fixed rate pe... Fixed Fee / Unit Rate
     
Lease and rental of property or building Lessor agrees to provide leased office space as identified in the lease contract for a fixed rate pe... Fixed Fee / Unit Rate
     
Lease and rental of property or building Lessor agrees to provide leased office space as identified in the lease contract for a fixed rate pe... Fixed Fee / Unit Rate
     
Lease and rental of property or building Lessor agrees to provide leased office space as identified in the lease contract for a fixed rate pe... Fixed Fee / Unit Rate
     
Lease and rental of property or building Lessor agrees to provide leased office space as identified in the lease contract for a fixed rate pe... Fixed Fee / Unit Rate
     
1 Lease and rental of property or building Lessor agrees to provide leased office space as identified in the lease contract for a fixed rate pe... Fixed Fee / Unit Rate
 Displaying 1 to 16 of 16    


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 $463,333.10
     
2024-2025 $435,863.40
     
2023-2024 $363,345.10
     
2022-2023 $314,679.72
     
2021-2022 $307,199.24
     
2020-2021 $299,718.72
     
2019-2020 $196,487.84

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 - D1343 09/21/2018 1/15/2019 3:11:09 PM
Amendment A1 10/25/2023 11/3/2023 3:22:00 PM


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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