Ex L_RLP - Broker Project (May 2026).pdf
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- Solicitation number
- 36C24W25R0011-RLP
- Issued by
-
Department of Veterans Affairs
About this file
This is Exhibit L of a VA Modified GSA Template R100 for a broker project lease acquisition, establishing the commission and fee structure for real estate brokerage services in connection with a federal lease transaction (RLP NO. 36C24W25R0011).
DHC Real Estate Services, LLC serves as the authorized VA Tenant Representative Broker and Lease Acquisition Services provider. The Lessor is responsible for paying all real estate commissions due upon lease consummation. Commission is calculated as a percentage of the total aggregate lease value, which includes base rent (including fixed rental increases or annualized amounts), other rental income, operating expenses (base year), real estate taxes (base year), and amortized tenant improvements if applicable. The aggregate lease value excludes rental abatement, escalations for operating expenses or real estate taxes during the lease term, additional services paid by VA beyond those furnished by the Lessor, lump sum tenant improvement payments, and commissions on option periods or terms beyond the firm lease term. The Lease Acquisition Fee shall not exceed $1,500,000.00. Payment is structured in two installments: seventy-five percent (75%) of the commission is due within thirty (30) calendar days following lease execution, and the remaining twenty-five percent (25%) is due within thirty (30) calendar days following the earlier occurrence of VA's acceptance of space or commencement of rent payments. If the Lessor fails to pay the commission owed to DHC Real Estate Services, LLC, VA may pay the commission on the Lessor's behalf using rent payments or lump-sum reimbursements for tenant improvements. Offerors must submit an executed Broker Commission Agreement and a Dual Agency Acknowledgement Statement with their proposals, and compensation to VA's Broker must be entered in block 26.a of GSA Form 1364.
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Text version
RLP NO. 36C24W25R0011, PAGE 1 VA MODIFIED GSA TEMPLATE R100,
BROKER PROJECT EXHIBIT L (5/26)
RLP EXHIBIT L BROKER PROJECT
BP 1.01 BROKER COMMISSION AND COMMISSION CREDIT (FEB 2026) – LEASE ACQUISITION FEE (VA 2024)
The Lessor shall be responsible for paying all real estate commissions due in connection with the consummation of this Lease.
For purposes of this Solicitation, the real estate firm of DHC Real Estate Services, LLC is the authorized representative of the VA and is providing Lease Acquisition Services to VA in connection with this transaction. It is understood between Lessor and VA that DHC Real Estate Services, LLC has provided Lease Acquisition Services on behalf of VA to assist in the completion of this transaction.
In connection with the provisions of such Lease Acquisition Services and in the event of consummation of a lease agreement between Lessor and VA, Lessor will pay a commission or lease acquisition fee to DHC Real Estate Services, LLC in the amount of a percentage equal to the percentage specified in the brokerage commission agreement of the total aggregate lease value. The aggregate lease value shall include, but not be limited to, base rent (including fixed rental increases or as annualized), other rental income, operating expenses (base year), real estate taxes (base year), and amortized tenant improvements (if applicable). The aggregate lease value shall not include any rental abatement provided to the VA pursuant to the Lease; any rental escalations covering operating expenses and/or real estate tax increases during the lease term; any additional amounts paid by VA for services over and above those furnished by Lessor; any lump sum payments for tenant improvements. Commissions will not be collected on option periods or for lease terms beyond the firm term of the lease.
The aggregate lease value will be used to determine the commission due and payable and will be established based on the final lease documents upon lease execution or as amended thereof. Such commission or lease acquisition fee shall be due and payable, as follows:
Seventy-five percent (75%) of commission or lease acquisition fee shall be paid to DHC Real Estate Services, LLC within thirty (30) calendar days following lease execution between Lessor and VA; and
The remaining twenty-five percent (25%) of commission or lease acquisition fee shall be paid to DHC Real Estate Services, LLC within thirty
(30) calendar days following the earlier to occur of VA’s acceptance of space or commencement of rent payments.
The Lessor’s responsibilities to pay the commission(s) or lease acquisition fee is independent of any other Lessor financial responsibilities of this Lease and shall not be used to negotiate or offset any credits owed VA by the Lessor. However, in the event Lessor shall fail to pay the commission(s) or lease acquisition fee amount owed to DHC Real Estate Services, LLC pursuant to the compensation schedule outlined herein, VA, at VA’s sole option, shall pay the commission(s) or lease acquisition fee on behalf of Lessor to DHC Real Estate Services, LLC out of rent payments and/or any lump-sum payments owed or to be owed to Lessor for reimbursement(s) of tenant improvement costs or payment(s) for services/work provided by Lessor. The Lease Acquisition Fee shall not exceed one million five hundred thousand dollars ($1,500,000.00).
BP 1.02 PRICING TERMS – BROKER (FEB 2026)
The following is added to the RLP paragraph titled “Pricing Terms.”
A. For how to price the offer on GSA Form 1364, Proposal to Lease Space, if VA is using a Tenant Representative Broker, compensation (expressed as %) to VA’s Broker reflecting the agreement between Offeror and VA’s Broker, must be entered in block 26.a.
B. Any Brokerage Commission Agreement between VA’s Tenant Representative and the Lessor for commissions identified in the GSA Form 1217.
BP 1.03 INSTRUCTIONS FOR OFFEROR AND SUBMITTALS – BROKER PROJECT (FEB 2026)
The following is added to the RLP paragraph titled: “Instructions for Offeror and Submittals” as a requirements and additional submittals.
Document Name Exhibit L:
Broker Project
Broker Commission Agreement - Executed BP 1.01 A.
Dual Agency Acknowledgement Statement BP 1.01 B.
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