Another sign of the times is that prospective tenants are often asking landlords to submit lease proposals as the initial step in negotiations.

That way, members said, the next time a lease proposal comes up - which may be in the next several months - they would have adequate data.

The lease proposal, he said, "gives us the ability to leverage the total amount of money the Air Force has.

The state's Economic Development Corporation is reviewing lease proposals from five companies.

The study of alternatives, which is to be completed by November, will present Mr. Rumsfeld with options other than the lease proposal.

Mr. Beckman said the club never responded to the lease proposal.

Earlier this week, the Devils rejected a lease proposal.

When it came time to present the lease proposals, the other ski companies sent representatives to argue their positions.

The IRR method cannot therefore be relied on for ranking different lease proposals.

The lease proposal, however, was complicated by the federal government's claim to the Potomac River up to the high-water mark on the Virginia shore.