The US Government seeks to lease a minimum of 59,196 ABOA SF of office and related space in Guaynabo, PR
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
AI Contract Overview
The General Services Administration, on behalf of the Veterans Benefits Administration, is seeking to lease a minimum of 59,196 ABOA square feet of office and related space located at #50 State Road PR-165, Guaynabo, Puerto Rico. This procurement is being conducted as a non-competitive, sole-source lease renewal with the incumbent lessor under the statutory authority of 41 U.S.C. 3304(a)(1). The decision to bypass full and open competition is based on a cost-benefit analysis and market research indicating that relocation would result in substantial duplication of costs and that no viable alternative locations meet the agency's minimum functional and safety requirements. The agreement is structured as a fully serviced lease with a total term of 15 years, consisting of a 10-year firm period and a 5-year option, scheduled to commence on October 22, 2025. The facility must maintain operational continuity for the Veterans Benefits Administration, ensuring compliance with seismic standards and proximity to public transit. While specific pricing and contract value are not disclosed, the award is justified by the avoidance of relocation expenses and the preservation of existing tenant improvements.
General Info
Contract Value
$57,171,045.9Place of Performance
DC, USASet-Aside
Awardee
CVD MAIN LLCAward Issued Date
Timeline
Organization & Contact Information
Full Description
JOTFOC attached
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