I will soon be purchasing a 1u rackmount server that I plan to
colocate. I do *not* need to know the definition of colocation. I am
looking for the cheapest colocation company located in the U.S.A. that
can provide the following: a) rack space for a 1u rackmount server, b)
remote "hands" or distance technical support, and c) a bandwidth
connection of 1mpbs or higher. The 1mbps should *not* be the backbone
of the company, it the estimated amount of bandwidth I need for the
server. Prices should not exceed $200 USD per month. Companies on the
East Coast are preferred. Please list the cheapest three companies you
can find. Thank you for your time.

Take a look at the Colocation Source

http://www.colosource.com/findacolo.asp

Here are a few cheap colo providers I came across.

--------------------------------------------------------------------------------
Wholesalecolo, Miami, FL
http://www.wholesalecolo.com/

1U w/ 1Mbps
$79/month
$50 setup fee

"Do you have remote hands services? 
Wholesalecolo can provide highly trained technicians to serve as your
eyes and hands in the case of an emergency or if you are simply unable
to reach our facilities. Our Remote Hands service is available on an
hourly basis with a rate of $88/hr. You can also purchase bundles of
time at a reduced rate on a monthly basis. 5 hours of Remote Hands per
month is $400 and 10 hours is $700."

--------------------------------------------------------------------------------
Myvirtual Net, Atlanta, GA
http://www.myvirtualnet.net/
Datacenter: http://www.56marietta.com/

1U w/ 1Mbps
$130/month
No setup fee

24/7 hands-on tech work is available for $75/hour.

Pricing is not listed on the site but you can contact Robin Hardison
at hosting@myvirtualnet.net for information.

--------------------------------------------------------------------------------
Capital Internet, Atlanta, GA
http://www.coloatlanta.com/
Individual server colocation:
http://www.coloatlanta.com/products_and_services/colocation/individual_server_colocation/

1U w/ 1Mbps
$150/month

Couldn’t find any mention of remote hands or setup fee on the site.
Still worth checking out.