23. Exhibit U_Broker Project L100 Exhibit (May 2026).docx
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- Solicitation number
- 36C24W26R0012
- Issued by
-
Department of Veterans Affairs
About this file
This is a GSA lease exhibit template for broker-project real estate transactions. The document provides standardized language for use in General Services Administration (GSA) lease agreements when a contract real estate broker is involved in facilitating the lease award. The exhibit includes two distinct versions based on the broker contract framework under which the task order was issued: Version 1 applies to broker projects with commission credit applicable under the National Broker Contract 2, GLS, or GLS PLUS contracts with task orders issued prior to January 16, 2026, while Version 2 applies to broker projects without commission credit under the Interim Broker Contract effective January 16, 2026 and later.
Version 1 includes provisions for commission credit, whereby a broker agrees to forgo a percentage of its commission to be credited against the lease's shell rental portion, with reductions commencing at the first month of rental payments and continuing in equal monthly installments. Version 2 addresses standard broker commissions payable directly by the lessor to the broker according to a separate Commission Agreement, without credit provisions. The exhibit templates define key terms (such as "Broker" and "Commission Credit"), establish payment obligations, and require drafters to select the appropriate version and delete alternates based on the specific broker contract framework applicable to the lease transaction. The document was last updated in May 2026 to consolidate previous versions and clarify selection procedures, and includes updated lease numbering nomenclature (LSSXXXXX format) replacing the legacy GSA regional designation system.
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Text version
EXHIBIT X BROKER PROJECT
ACTION REQUIRED: USE this EXHIBIT for broker PROJECTS IN CONJUNCTION WITH RLP EXHIBIT “BROKER PROJECT.”
NOTE: Commissions and/or commission credits should be treated as confidential financial information and should not be disclosed to the public or used for any other purpose than that for which it was furnished, without consent of the LCO.
NOTE: THE SIGNED COMMISSION AGREEMENT IS NOT ATTACHED TO THE FINAL LEASE AGREEMENT.
ACTION REQUIRED: Select the approprIate Version of BP 1.01, BP 1.02, and BP 1.03 and Delete alternate versionS.
VERSION 1: for broker projects where commission credit is applicable - TASKED UNDER the NATIONAL BROKER CONTRACT 2, GLS, or GLS PLUS CONTRACT WITH A TASK ORDER ISSUED PRIOR TO JANUARY 16, 2026.
BP 1.01 DEFINITIONS: BROKER PROJECT ATTACHMENT (FEB 2026)
A. Definitions. The following definitions apply to the use of the terms in this attachment:
1. “Broker” means GSA’s broker, if GSA awarded this lease using a contract real estate broker.
2. “Commission Credit” means the amount of commission that is credited to the lease, if GSA’s broker agreed to forgo a percentage of its commission, in connection with the award of this lease.
BP 1.02 BROKER COMMISSION AND COMMISSION CREDIT (FEB 2026)
A. [Broker Name] (Broker) is the authorized real estate Broker representing GSA in connection with this Lease transaction. The total amount of the Commission is $XX and is earned upon Lease execution, payable according to the Commission Agreement signed between the Lessor and Broker. Only $XX of the Commission will be payable to [Broker Name] with the remaining $XX, which is the Commission Credit, to be credited to the shell rental portion of the annual rental payments due and owing to fully recapture this Commission Credit. The reduction in shell rent must commence with the first month of the rental payments and continue until the credit has been fully recaptured in equal monthly installments over the shortest time practicable.
B. Notwithstanding the “Rent and Other Consideration” paragraph of this Lease, the shell rental payments due and owing under this Lease must be reduced to recapture fully this Commission Credit. The reduction in shell rent must commence with the first month of the rental payments and continue as indicated in this schedule for adjusted Monthly Rent:
(Add AND delete months as necessary.)
Month X Rental Payment $XX,XXX minus prorated Commission Credit of $XX,XXX equals $XX,XXX adjusted X th Month’s Rent.*
Month X Rental Payment $XX,XXX minus prorated Commission Credit of $XX,XXX equals $XX,XXX adjusted X th Month’s Rent.*
Month X Rental Payment $XX,XXX minus prorated Commission Credit of $XX,XXX equals $XX,XXX adjusted X th Month’s Rent.*
* Subject to change based on adjustments outlined under the paragraph “Rent and Other Consideration.”
BP 1.03 PAYMENT OF BROKER (FEB 2026)
If GSA awarded the Lease through its Broker, the Lessor must pay GSA’s Broker its portion of the commission according to the Commission Agreement signed between the Lessor and Broker. “Its portion of the commission” means the agreed-upon commission to GSA’s Broker minus the Commission Credit specified in the Lease or Lease Amendment.
VERSION 2: for broker projects WITHOUT commission credit - TASKED UNDER THE INTERIM BROKER CONTRACT, Which was effective January 16, 2026.
BP 1.01 DEFINITIONS: BROKER PROJECT ATTACHMENT (MAR 2026)
B. Definitions. The following definitions apply to the use of the terms in this attachment:
1. “Broker” means GSA’s VA’s broker, if GSA VA awarded this lease using a contract real estate broker.
BP 1.02 BROKER COMMISSION (MAR 2026)
C. [Broker Name]Carpenter/Robbins Commercial Real Estate, Inc., (Broker) is the authorized real estate Broker representing GSA VA in connection with this Lease transaction. The total amount of the Commission is $XX and is earned upon Lease execution, payable according to the Commission Agreement signed between the Lessor and Broker.
If GSA VA awarded the Lease through its Broker, the Lessor must pay GSA’s VA’s Broker its commission according to the Commission Agreement signed between the Lessor and Broker.
Document Change History
| Template Date |
| Description of change |
| FEB 2026 |
| Newly created exhibit to supplement streamlined changes to R100. Updates to change “shall” to “must.” |
| MAR 2026 |
| GLS Plus bridge contract removed a commission credit for the tenant agency, the RLP and Lease Broker exhibits were updated accordingly. |
| MAY 2026 |
| 1) Combine Feb and Mar 2026 templates with instruction text for the drafter to choose the appropriate version of paragraph 1.01, 1.02, 1.03 depending on the National Broker Contract term the Task Order was issued under. |
2) Update lease numbering nomenclature to LSSXXXXX, as defined ss = 2 letter state abbreviation to identify the state where the lease is located, xxxxx = 5 digit number assigned by the acquisition service, from the legacy nomenclature of GS-rrP-Lssxxxxx, as defined as follows: GS = General Services Administration, rr = GSA Region (using 2 digit number format), P = PBS, representing the acquisition service that awards the lease contract, L = Lease contract, ss = 2 letter state abbreviation to identify the state where the lease is located, xxxxx = 5 digit number assigned by the acquisition service.
| LEASE NO. LSSXXXXX, PAGE 20 | |
| LESSOR: ________ GOVERNMENT: ________ | |
| GSA TEMPLATE L100, BROKER PROJECT EXHIBIT X (5/26) |
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