Lease

Ended Awarded

Contract number
GS11B0155408085
Awardee
Awarding agency
Obligated
$42,695

Award facts

Contract value 100% obligated
$42,695.29 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
531120 Lessors of Nonresidential Buildings (except Miniwarehouses)
PSC
X111 Lease/Rental Of Office Buildings
Set-aside
No set-aside
Competition
Full and Open Competition · 2 offers Negotiated Proposal / Quote
Pricing
Fixed Price with Economic Price Adjustment
Place of performance
Virginia, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

About this award

This federal contract award is for a lease to CBRE Inc., doing business as CB Richard Ellis, a global commercial real estate services and investment firm. The award, with a ceiling value of $42,695.29, was made on January 1, 2008 and has an ultimate completion date of July 13, 2008. The contract type is a Delivery Order with a Fixed Price with Economic Price Adjustment pricing arrangement.

CBRE primarily provides real estate services to the U.S. Department of State, particularly for the Bureau of Overseas Building Operations, including property appraisals, market analysis, facility assessments, and right-of-way evaluations for embassies, consulates, and other diplomatic properties worldwide. The majority of CBRE's federal contracts are delivery orders under the Department of State's International Real Estate Appraisal and Advisory Services indefinite-delivery/indefinite-quantity (IDIQ) contract. This award does not have a set-aside designation, indicating CBRE competed as a large business entity.

CBRE's parent company is CBRE Group, Inc., a globally integrated commercial real estate and investment services firm that has also received federal contract awards from the Environmental Protection Agency for small instrument calibration services.

Quick answers

Who was awarded contract GS11B0155408085?

GS11B0155408085 was awarded to Cbre Inc. by National Capital Region (Public Buildings Service) on January 1, 2008.

How much is contract GS11B0155408085 worth?

The government has obligated $42,695 on GS11B0155408085.

Is contract GS11B0155408085 an order under another contract?

Yes. GS11B0155408085 is a delivery order under GS11B01554, a basic ordering agreement.

Was contract GS11B0155408085 competed?

The extent of competition for GS11B0155408085 was full and open competition. The government received 2 offers.

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