• Lend Lease Closes on Third Phase of Lodging Privatization Program0

    Lend Lease Corp. closed on the third phase of the Army’s Privatization of Army Lodging program, securing $465 million in project debt to expand the initiative to 18 new posts, the international property and infrastructure group said Wednesday. Over the next eight years, Lend Lease will deliver 1,018 new Candlewood Suites brand hotel rooms and renovate 2,745 hotel rooms to Holiday Inn Express brand standards. The 18 installations under phase three cover about 3,800 hotel rooms throughout the United States …

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  • Energy, Utility Projects Create Potential Liability following BRAC, GAO Finds0

    DOD expects to incur more than $24 million in costs at two installations shuttered during the 2005 round of base closures to unwind renewable energy and privatized utility projects affected by the closures, according to a new Government Accountability Office study. At Fort Monmouth, N.J., the Army paid about $24.3 million to terminate a renewable energy contract involving ground source heat pumps and to install several boilers to replace the heat pumps. The Army also terminated a privatized electrical utility contract at Fort Monroe, Va., but has not yet reached a settlement with the utility over the termination …

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  • Public-Private Projects Should Be Accounted for in BRAC Analysis, GAO Recommends0

    In a review of the impact of the growing number of privatization projects on military installations, the Government Accountability Office concluded that future base closure rounds would benefit from the Defense Department providing more comprehensive information about the potential costs created when DOD terminates project agreements with the private sector. The congressional watchdog agency found that the department likely would incur liabilities following a BRAC round for renewable energy and privatized utility projects on affected installations …

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  • Army, Lend Lease Break Ground on Hotel at Ft. Hood0

    Officials from Lend Lease (U.S.) Public Partnerships, InterContinental Hotels Group and the Army held a groundbreaking ceremony last week for a Candlewood Suites hotel at Fort Hood, Texas. The new 93-room, extended-stay hotel is designed to meet the needs of military travelers and will feature spacious studios or one-bedroom suites, fully-equipped kitchens and large work areas in each guest room …

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  • Lodging Privatization on Track to Upgrade Army Hotels0

    The Army’s lodging privatization partner has renovated six hotels and broken ground on two new ones, keeping the service on track to meet its goal of completing development of 14,300 hotel rooms at 42 posts by the spring of 2020. The six renovated facilities are located at Fort Polk, La., Fort Hood, Texas, Fort Sill, Okla., Fort Rucker, Ala., Fort Wainwright, Alaska, and Fort Hamilton, N.Y.; the two still in the process of being built are at Fort Sam Houston, Texas, and Fort Riley, Kan. …

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  • Army, Lend Lease Break Ground on New Hotel at Ft. Riley0

    Officials held a ground breaking ceremony for a Candlewood Suites hotel at Fort Riley, Kan., earlier this month. The project is part of the Privatization of Army Lodging initiative, a partnership between the Army and a joint venture between Lend Lease (U.S.) Public Partnerships and InterContinental Hotels Group, which operates the PAL hotels under the IHG Army Hotels name …

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