Why it matters
It can materially change monthly occupancy cost and is often paid as an estimate subject to reconciliation.
What to request
Request the current estimate, included and excluded costs, allocation method, recent reconciliation and audit language.
Planning example
For 8,000 rentable SF at $18/SF/year, the simple pre-tax estimate is $144,000 per year or $12,000 per month. The example organizes arithmetic or evidence only; the transaction documents and facts determine the result.
Related decisions
Connect this term to the area, cost, building, flexibility and document provisions elsewhere in the office decision file.
Evidence boundary: office availability and quoted economics change. Confirm current premises, authority, area, costs, permitted use and documents for the specific transaction. Read the methodology.