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RLP Exhibit L RLP Broker Project

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A PDF document (129 KB) attached to REQUEST FOR LEASE PROPOSAL: Warehouse - Las Vegas, Nevada, from the Department of Veterans Affairs. Due Nov 30, 2026, 4:00 PM (UTC-8).

File name: RLP 36C24W26R0045 Exhibit L RLP Broker Project.pdf

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RLP EXHIBIT L BROKER PROJECT

BP 1.01 BROKER COMMISSION (MAR 2026)

A.

For the purposes of this RLP, RANGE PARTNERS SD INC (the Broker) is the authorized contractor real estate broker representing VA. The Government expects the Lessor to pay a commission to the Broker. By submitting an offer, the Offeror agrees that if the Offeror is paying a commission or fee in connection with this Lease to a listing agent, an offering agent, or broker, property manager, developer, or any other agent or representative, then the Offeror will pay a commission to the Broker in the amount of a percentage equal to the percentage specified in the brokerage commission agreement of the total aggregate lease value. The aggregate lease value shall include, but not be limited to, base rent (including fixed rental increases or as annualized), other rental income, operating expenses (base year), real estate taxes (base year), and amortized tenant improvements (if applicable). The aggregate lease value shall not include any rental abatement provided to the VA pursuant to the Lease; any rental escalations covering operating expenses and/or real estate tax increases during the lease term; any additional amounts paid by VA for services over and above those furnished by Lessor; any lump sum payments for tenant improvements. The commission established between the VA and the Broker will be based on a Lease term not to exceed the Firm Term of the Lease contemplated by this RLP. Commissions will not be negotiated or collected on option periods or for Lease terms beyond the Firm Term of the Lease. As p art of the offer, the Offeror must disclose all commissions and/or fees to be paid by the Offeror including both the Offeror’s agent(s), broker(s), property manager, developer or any other agent or representative and the Broker.

B.

The Offeror must enter the commission amounts for its representative and the amount to VA’s Broker in blocks 31a and 31b respectively on GSA Form 1217, Lessors Annual Cost Statement.

C.

The aggregate lease value will be used to determine the commission due and payable and will be established based on the final lease documents upon lease execution or as amended thereof. Such commission or lease acquisition fee shall be due and payable, as follows: 1.

Seventy-five percent (75%) of commission or lease acquisition fee shall be paid to Range Partners-SD, Inc. within thirty (30) calendar days following lease execution between Lessor and VA; and

2.

The remaining twenty-five percent (25%) of commission or lease acquisition fee shall be paid to Range Partners-SD, Inc. within thirty (30)

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