This Government Contract opportunity from General Services Administration was posted on December 14, 2023. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
The Government is seeking 11,363 ABOA of office space in Burlington, VT
Contract Overview
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AI Contract Overview
The General Services Administration, through the PBS R00 Center for Broker Services, is seeking to secure 11,363 ABOA of office space in Burlington, Vermont, under solicitation number 0VT2057. The government intends to enter into a succeeding lease agreement with the incumbent lessor for the property located at 128 Lakeside Avenue, covering 11,363 ABOA or 12,997 RSF for a term of 10 years. This procurement is being conducted as a non-competitive process, utilizing a Justification for Other than Full and Open Competition. The decision to negotiate exclusively with the current lessor is based on the determination that relocating would cause a substantial duplication of costs, specifically regarding moving expenses and the loss of specialized security and HVAC improvements already in place. Market research conducted through platforms such as CoStar, LoopNet, and SAM.gov has been used to verify that the proposed rental rates are fair and reasonable. The project falls under NAICS code 531120 for Lessors of Nonresidential Offices.
General Info
Contract Value
$4,399,305.05Place of Performance
Burlington, VT, USASet-Aside
Award Issued Date
Documents
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Timeline
Submission Closed
Organization & Contact Information
Full Description
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