Basic Ordering Agreement GS07B15849

The federal contract IDV award is a Basic Ordering Agreement awarded by the Office of Leasing, a civilian federal agency, to the prime contractor Champion Real Estate Equities VII L.L.C. The overall contract has a ceiling value of $1,126,265.30 and a period of performance from October 19, 2005 to October 18, 2011. The contract is for LEASE services with no set-asides used. Multiple task orders have been issued under the Basic Ordering Agreement, with a total of 44 task orders identified in the provided information. These task orders have individual ceiling values of $411,255.36, with the majority being awarded for performance in Lafayette, LA. The task orders utilize a fixed-price with economic price adjustment pricing structure.

This Basic Ordering Agreement appears to be a vehicle for the Office of Leasing to procure real estate leasing services. The multiple task orders issued over the life of the contract suggest the agency has an ongoing, long-term need for these leasing services. While the specific details of the leased properties and their use are not provided, the standardized pricing structure and geographic concentration indicate the agency has established a relationship with the prime contractor to efficiently fulfill its real estate leasing requirements.