Subsidized Parking - HQRL
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
AI Contract Overview
The Pension Benefit Guaranty Corporation is managing a contract for subsidized parking facilities at 445 12th Street SW in Washington, DC. The current agreement, held by SP Plus Corporation under contract 16PBGC22C0016, is valued at 1,254,188.80 dollars and is structured as a firm fixed price arrangement. The current period of performance is expected to end on March 31, 2027. Due to the specific requirements of the agency's headquarters location, the PBGC has indicated an intent to award the contract on a sole source basis to SP Plus, citing that no other source can satisfy the requirements. The anticipated contract structure includes one 12-month base period followed by four 12-month option periods. While the current status is listed as not competed, there is a medium confidence prediction that this will be a recompete opportunity.
General Info
Agency
NAICS
Place of Performance
Washington, DC, 20554, USASet-Aside
Documents
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Timeline
Organization & Contact Information
Full Description
Current Contract: 16PBGC22C0016 Incumbent: SP PLUS CORPORATION Contract Value: $1,254,188.8 Potential End Date: 2027-03-31T00:00:00.000Z Competition: NOT COMPETED UNDER SAP Pricing: FIRM FIXED PRICE Classification: recompete-likely (Confidence: medium - 65/100)
The Pension Benefit Guaranty Corporation (PBGC) intends to solicit and award a contract to SP Plus ("SP+) for the parking facilities located at 445 12th Street SW, Washington DC 20554, under the authority of FAR 6.301-1, Only One Responsible Source and no other supplies or services will satisfy the agency's requirements. The PBGC anticipates awarding a contract on a sole cource basis, to SP+ for parking permits/space for the agency's new headquarter's location. The period of performance is anticipated to be for one (1) 12-month base period and four (4) 12-month option periods. For additional information on this intent to sole source, see the attached Sole Source Justification.
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