(1) An Agency wishing to execute a Lease extension shall obtain the Department’s Approval of Space Need, Prior Approval and Final Approval.

Terms Used In Florida Regulations 60H-1.024

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
    (2) The leasing rules applicable to each Lease are determined at the time of initial execution of the original Lease Agreement.
    (3) The Department will approve extensions of an existing Lease if such extensions are determined by the Department to be in the Best Interests of the State.
    (4) All Agency requests for an extension under this clause shall be submitted in writing to the Department no less than sixty (60) days before a lease is to end. The Agency shall furnish a statement by the Agency head that the lease extension is in the Best Interests of the State.
    (5) The Department shall review the request and issue a written decision.
Rulemaking Authority Florida Statutes § 255.249(4). Law Implemented 255.249(4)(b), 255.25(1)(b), (3)(c) FS. History-New 4-29-10.