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COMMERCE BUSINESS DAILY ISSUE OF JANUARY 26,2000 PSA#2523

Department of the Air Force, Air Force Space Command, 45CONS (Bldg 423), 1201 Edward H White II St MS 7200, Patrick AFB, FL, 32925-3238

Y -- MILITARY HOUSING PRIVATIZATION PROJECT SOL F08650-99-R-0108 POC Linda Greaves, Contracting Officer, Phone 321-494-5229, Fax 321-494-6193, Email linda.greaves@patrick.af.mil -- Jolene Hale, Contract Specialist, Phone 321-494-9946, Fax 321-494-6193, Email WEB: Visit this URL for the latest information about this, http://216.33.118.196/cgi-bin/WebObjects/EPS?ACode=M&ProjID=F08650-99-R-0108&LocID=516. E-MAIL: Linda Greaves, linda.greaves@patrick.af.mil. In May 1999, the Air Force released a Draft Solicitation of Offers for Housing Privatization Project, Patrick Air Force Base, #F08650-99-R-0108 to allow comments and questions from industry during the developmental stage. The Air Force subsequently determined that it is in the interest of the Department to explore alternative approaches for improving the housing available to its military members. This effort will test new and innovative techniques, such as unit size, design and build configuration adhering more closely to local market housing standards and alternative financing and project selection mechanisms, to reduce the significant Air Force deficit of affordable housing faster. In furtherance of this effort, the Air Force entered into a non-binding Letter of Intent with Boston Capital Holdings Limited Partnership ("Boston Capital") to consider recommended housing privatization approaches at Air Force installations. In December 1999, pursuant to the Letter of Intent, Boston Capital presented the Air Force with an approach to housing privatization at Patrick AFB, which it is now considering as a possible pilot project. As a result, the Air Force will not continue to pursue housing privatization at Patrick AFB as contemplated by and within the framework of Draft Solicitation of Offers for Housing Privatization Project, Patrick Air Force Base, #F08650-99-R-0108 and is no longer seeking comments and questions from industry on it. Any questions concerning this matter should be directed to Linda S. Greaves (321)494-5229. Posted 01/24/00 (A-SN417777). (0024)

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