The PBS office of leasing requires comprehensive real estate market data to use in the lease cost relative to market performance measure, bullseye research and reporting for regions, and to…
Active Definitive Contract Awarded Last action
- Contract number
- 47PA0122C0005
- Awardee
-
Cbre Inc. UEI NYXAU6Y1Y2G5 Part of Cbre Group, Inc.
- Awarding agency
-
Acquisition Services Division
Central Office, General Services Administration
- Obligated
- $315,614
Award facts
- Contract value 75% obligated
-
- $315,614.00 Current, with exercised options
- $421,491.00 Potential, with all options
- Completion date 74% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- Funding agency
- Region 1 Public Buildings Service, General Services Administration
- NAICS code
- 531210 Offices of Real Estate Agents and Brokers
- Set-aside
- No set-aside
- Competition
- Not Competed · 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20405, USA
- Legislative mandates
-
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Supplemental Agreement for work within scope | $69,428 | |
| Supplemental Agreement for work within scope | $0 | |
| Exercise an Option | $66,121 | |
| Supplemental Agreement for work within scope | $0 | |
| Exercise an Option | $62,973 | |
| Exercise an Option | $59,974 | |
| Other Administrative Action | $57,118 | |
| Other Administrative Action | -$57,118 | |
| Original award | $57,118 |
About this award
The General Services Administration, Region 1, awarded a definitive contract to CBRE Inc. for comprehensive real estate market data, research, and reporting to support the PBS Office of Leasing on September 28, 2022. The contract ceiling is $421,491, exercised under option year IV with a period of performance from September 28, 2026 to September 27, 2027; ultimate completion is March 27, 2028. The option year increased the contract total by $69,428 from the prior obligated amount of $350,063.
The work encompasses real estate market data collection and analysis for GSA regions, lease cost relative-to-market performance measurement, bullseye research and reporting by region, and calculation of savings under PBS's lease cost avoidance plan. Place of performance is Washington, DC 20405. The contract is priced on a firm fixed-price basis with no set-aside applied.
Description
The PBS office of leasing requires comprehensive real estate market data to use in the lease cost relative to market performance measure, bullseye research and reporting for regions, and to calculate the savings on pbss lease cost avoidance plan
Quick answers
Who was awarded contract 47PA0122C0005?
47PA0122C0005 was awarded to Cbre Inc. by Acquisition Services Division (Central Office) on September 28, 2022.
How much is contract 47PA0122C0005 worth?
The government has obligated $315,614 on 47PA0122C0005. Its potential value, with all options, is $421,491.
Which agency awarded contract 47PA0122C0005?
Acquisition Services Division (Central Office) awarded 47PA0122C0005, with funding from Region 1 (Public Buildings Service).
Was contract 47PA0122C0005 competed?
The extent of competition for 47PA0122C0005 was not competed. The government received 1 offer.
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