Note 8. Leases

Operating Leases:

The General Services Administration (GSA) negotiates long-term office space leases and levies rent charges, paid by the USPTO, approximate to commercial rental rates. These operating lease agreements for the USPTO’s office buildings expire at various dates between FY 2014 and FY 2024. During the years ended September 30, 2009 and 2008, the USPTO paid $90,533 thousand and $90,026 thousand, respectively, to the GSA for rent.

Under existing commitments, the future minimum lease payments as of September 30, 2009 are as follows:

USPTO Future Minimum Lease Payments as of September 30, 2009 (Dollars in Thousands) Fiscal Year Minimum Payment 2010 $   67,461 2011     67,630 2012     67,630 2013     67,630 2014     65,721 Thereafter    581,533 Total Future Minimum Lease Payments $  917,605

The commitments shown above relate primarily to the operating lease for the USPTO headquarters in Alexandria, Virginia, beginning in FY 2004 and extending to FY 2024.

Is there a question about what the USPTO can or cannot do that you cannot find an answer for? Send questions about USPTO programs and services to the USPTO Contact Center (UCC). You can suggest USPTO webpages or material you would like featured on this section by E-mail to the webmaster@uspto.gov. While we cannot promise to accommodate all requests, your suggestions will be considered and may lead to other improvements on the website.