| Locate a find definition:
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| Annual Base Rent |
Enter the full amount to be paid annually for the rentable space.
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| Annual Operating Cost |
Enter the actual or estimated annual operating cost that the institution will pay as part of the lease, in addition to the annual base rent.
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| CCFE |
Capital Construction Funds Exempt
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| CCHE |
Colorado Commission on Higher Education, Capital Assets Department, phone: 303-866-2723
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| CF |
Cash Funds
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| CFE |
Cash Funds Exempt
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| Contract Type |
- Gross - A lease that provides that the Landlord shall pay all expenses of the leased property, such as taxes, insurance, all maintenance, utilities, building management, and other operating expenses. Costs such as telephone and network service costs are not costs associated with the building, therefore these are typically paid by the tenant.
- Net - A lease that provides that the Tenant shall pay, in addition to the base rent, all expenses of the lease property, except those maintenance costs associated with the building structure, such as the roof, foundation, etc.
- Modified Gross - A lease that provides that the Tenant shall pay, in addition to base rent, some expenses of the lease property, such as the cost of metered utilities and maintenance of the premises.
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| Cost Per Square Feet / Acre |
This is automatically calculated from the data entered: (Base Rent + Annual Operating Cost) / Rentable Space.
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| Duration |
- Full Year - The lease is for entire, year-round use of the property or space.
- Partial Year -The lease is for a partial year, such as a summer use of a mountain cabin for researchers, or for only a few weeks or months of the year.
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| FF |
Federal Funds
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| Justification |
Use this to provide further details for leases with an annual cost > $75,000.
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| Lease Type |
- New - New Lease that has not previously been approved by CCHE.
- Renewal - Renewal of a Lease that had been previously approved by CCHE.
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| Rentable Space is |
- Square Feet
- Acres
- Service
- Other
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| Rentable Space |
Enter the number of SqFt or Acres or the number of Acres. Specify the proper units in the "Rentable Space is" field.
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| Tenant Improvements |
- Paid in Base Rent - Any improvements to the leased property have been made by the Lessor and the tenant will pay for these improvements over the term of the lease as part of the base rent.
- Tenant Paid Outright - Any improvements to the leased property are paid for in advance by the tenant and are therefore not part of the base rent.
- No Tenant Improvements - This applies in cases where there are no required tenant improvements.
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| Tenant Paid Improvements |
Enter the amount that the Tenant has or will pay towards Tenant Improvements. If this is paid in the Annual Base Rent, leave as zero.
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| Term of Lease |
Complete date in the format MM/DD/YY. "From date" must be prior to "To Date"
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