1 Colo. Code Regs. § 102-1-I

Current through Register Vol. 47, No. 20, October 25, 2024

Section 1 CCR 102-1-I - Statement of Basis and Purpose

A. On July 1, 1979, the General Assembly transferred the powers, duties and functions related to State buildings to the Department of Administration from the Office of State Planning and Budgeting. One of those responsibilities was that of negotiating and executing real property leases on behalf of State government as provided in 24-30-1303(1)(a), C.R.S. 1973, as amended.

Responsibility for administration of the above statute is assigned to the State Buildings Division. Promulgation of certain rules was deemed necessary to administratively carry out these responsibilities. These rules will apply principally to each State agency that presently leases or desires in the future to lease land, buildings, office or other space.

B.The purpose of these rules is:

1. To obtain more favorable leases for the State by:

a. Providing agencies with the services of experienced lease negotiators;

b. Creating a single leasing entity which has significant presence in the real estate leasing market;

c. Developing a more positive image in the real estate community.

2. To protect agencies from agreeing to contract terms not in their best interest or not competitive in the marketplace.

3. To allow for the possible advantage of negotiating master leases to provide for the needs of several agencies in one building.

4. To provide an organized format for accomplishing the State's overall real property leasing function by:

a. Providing published instructions on how to obtain lease space;

b. Providing an administrative method to most effectively and efficiently handle the statutory directives within the resource constraints of the State Buildings Division;

c. Providing an avenue for state office space planning, especially in Metro-Denver;

d. Creating a single communications point and information source between agencies, brokers, and owners.

5. To insure as much uniformity as practical in lease terms and space planning.

6. To reduce the number of incorrect, incomplete, and/or unacceptable lease contracts, and to provide an increased awareness of the State Fiscal Rules regarding lease contracts.

1 CCR 102-1-I