Award Notice: General Services Administration (GSA) has Secured Space in Oklahoma City, OK

The General Services Administration, through the PBS R00 Center for Broker Services, has secured office space in Oklahoma City, Oklahoma, under solicitation number 9OK2178. This award was granted via a justification for other than full and open competition to avoid move and replication costs that would not be recovered through a competitive process. The resulting agreement, Lease No. GS-07P-LOK00940, establishes a 20-year lease term, consisting of 15 firm years, and includes detailed provisions regarding construction standards, rent, and premises management. As part of the procurement process, a broker commission agreement was established with Savills Inc. for representing the GSA. This agreement specifies a commission rate of 4.0 percent of the Aggregate Lease Value, with specific payment schedules and a commission credit applied to the tenant. The project was categorized under NAICS code 53112 and managed by the GSA office in Washington, DC.