The Basic Ordering Agreement awarded by the General Services Administration (GSA) Office of Leasing to Bunnell Hill Development Co Inc. is a civilian contract vehicle for leasing services. The contract has a ceiling value of $5,625,574.37 and a period of performance from September 30, 2004 to October 31, 2013. The contracted services involve leasing of commercial office space located in Maysville, KY 41056 for the GSA Office of Leasing, a civilian agency. The contract utilizes a series of fixed-price with economic price adjustment delivery orders to procure the leased office space, with the most recent order awarded in April 2011. The contract does not utilize any small business set-asides.
The Basic Ordering Agreement appears to be a long-term contract vehicle used by the GSA to efficiently acquire commercial office space for federal agency tenants in the Maysville, Kentucky area through a pre-established contractual relationship with the prime contractor. The delivery orders issued under the contract provide fixed-price leasing services with economic price adjustments, indicating the contract is structured to accommodate fluctuations in market rates over the extended performance period.
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