Lease of office space
Active Definitive Contract Awarded Last action
- Contract number
- 95332425L0003
- Awardee
-
Franklin Court Inc. UEI ML8FE5G7U7N5
- Awarding agency
-
Millennium Challenge Corporation
- Obligated
- $23,612,651
Award facts
- Opportunity
-
- Lease of Office Space Special Notice · AAFPR240114 · Posted Jul 15, 2024
- Contract value 29% obligated
-
- $79,777,918.98 Current, with exercised options
- $82,777,918.98 Potential, with all options
- Completion date 15% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 531120 Lessors of Nonresidential Buildings (except Miniwarehouses)
- PSC
- X1AA Lease/Rental Of Office Buildings
- Set-aside
- No set-aside
- Competition
- Not Competed · 1 offer Only One Source
- Pricing
- Fixed Price with Economic Price Adjustment
- Place of performance
- Washington, DC 20005, USA
- Legislative mandates
-
- Davis-Bacon Act FAR subpart 22.4
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | $6,938,305 | |
| Supplemental Agreement for work within scope | $0 | |
| Original award | $16,674,346 |
About this award
The Millennium Challenge Corporation awarded a definitive contract to Franklin Court Inc. for a lease of office space in Washington, DC on December 1, 2024, with a ceiling value of $82,777,918.98 and no set-aside.
The originating special notice, posted July 15, 2024, sought between 64,628 and 72,152 square feet of contiguous office space on no more than three floors, with access to a loading dock and parking, located within 2,640 walkable feet of a Metrorail station and meeting ISC Level II security requirements. The lease supersedes MCC's prior occupancy agreement, which expired November 30, 2025. Pricing is fixed price with economic price adjustment. The ultimate completion date is April 30, 2037. Place of performance is Washington, DC 20005.
Quick answers
Who was awarded contract 95332425L0003?
95332425L0003 was awarded to Franklin Court Inc. by Millennium Challenge Corporation on December 1, 2024.
How much is contract 95332425L0003 worth?
The government has obligated $23,612,651 on 95332425L0003. Its current value, with exercised options, is $79,777,919. Its potential value, with all options, is $82,777,919.
Was contract 95332425L0003 competed?
The extent of competition for 95332425L0003 was not competed. The government received 1 offer.
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