Award Notice GS-05P-LIL01189

The contract was awarded non-competitively to the incumbent lessor under 41 U.S.C. § 3304(a)(1) and authorized by GSAR 570.402 and 570.404, as market research confirmed no other responsible sources could meet the agency’s requirements without incurring substantial relocation and tenant improvement costs. The action involves a 15-year superseding lease for 68,199 rentable square feet of office space located at 175 West Jackson Boulevard in Chicago, Illinois, with performance beginning March 7, 2027, immediately following the expiration of the current lease on March 6, 2027. The lease retains all existing tenant improvements and avoids duplication of construction expenses, ensuring operational continuity for the tenant. Financial terms include an implied rental rate of approximately $1,000 per square foot annually, supplemented by two years of free rent and a tenant improvement credit offered by the current lessor, which together support the determination that the proposed terms are fair and reasonable. The procuring agency is the General Services Administration’s PBS R5 Office of Leasing, identified by agency code 47PF99 and operating out of Chicago, Illinois. The award is categorized under NAICS code 531120 for office buildings, with no set-aside or socioeconomic considerations applicable due to the sole-source nature of the procurement. No competitive evaluation factors, line-item pricing structure, or formal contract clauses were documented in the provided materials, and essential details such as contract value, payment instructions, invoicing methods, contracting officer representative information, and offeror certifications are not available. The acquisition is governed entirely by the justification for non-competition, which was posted on SAM.gov on August 19, 2024, and the award notice was issued on May 18, 2026. The point of contact for the contract is David J. Rauen, with primary responsibilities including oversight and verification of lease compliance, inspection, and administrative certification. Neither packaging requirements, special contractual provisions, nor option periods were specified beyond the core lease terms and the cost-saving incentives tied to maintaining the existing lease arrangement.