Sol_140D0426Q0368.pdf

WOMEN-OWNED SMALL

BUSINESS (WOSB)

SOLICITATION/CONTRACT/ORDER FOR COMMERCIAL PRODUCTS AND COMMERCIAL SERVICES

1. REQUISITION NUMBER PAGE 1 OF

2. CONTRACT NUMBER 3.AWARD/EFFECTIVE

DATE

4. ORDER NUMBER 5. SOLICITATION NUMBER 6. SOLICITATION ISSUE

DATE

7. FOR SOLICITATION

INFORMATION CALL:

a. NAME b. TELEPHONE NUMBER (No collect calls)

8. OFFER DUE DATE/

LOCAL TIME

9. ISSUED BY

13b. RATING

14. METHOD OF SOLICITATION

CODE

15. DELIVER TO 16. ADMINISTERED BY CODE

18a. PAYMENT WILL BE MADE BY CODE17a. CONTRACTOR/

OFFEROR

CODE

FACILITY

CODE

CODE

TELEPHONE NUMBER

17b. CHECK IF REMITTANCE IS DIFFERENT AND PUT SUCH ADDRESS IN

OFFER

18b. SUBMIT INVOICES TO ADDRESS SHOWN IN BLOCK 18a UNLESS BLOCK

BELOW IS CHECKED

REQUEST

FOR QUOTE

(RFQ)

INVITATION

FOR BID

(IFB)

REQUEST

FOR

PROPOSAL

(RFP)

SEE ADDENDUM

19.

ITEM NO.

20.

SCHEDULE OF SUPPLIES/SERVICES

21.

QUANTITY

22.

UNIT

23.

UNIT PRICE

24.

AMOUNT

(Use Reverse and/or Attach Additional Sheets as Necessary)

25. ACCOUNTING AND APPROPRIATION DATA 26. TOTAL AWARD AMOUNT (For Government Use Only)

28. CONTRACTOR IS REQUIRED TO SIGN THIS DOCUMENT AND RETURN 29. AWARD OF CONTRACT: REFERENCE

. YOUR OFFER ON SOLICITATION

(BLOCK 5), INCLUDING ANY ADDITIONS OR CHANGES WHICH ARE

SET FORTH HEREIN, IS ACCEPTED AS TO ITEMS:

30a. SIGNATURE OF OFFEROR/CONTRACTOR

30b. NAME AND TITLE OF SIGNER (Type or print) 30c. DATE SIGNED

31a. UNITED STATES OF AMERICA (SIGNATURE OF CONTRACTING OFFICER)

31b. NAME OF CONTRACTING OFFICER (Type or print) 31c. DATE SIGNED

AUTHORIZED FOR LOCAL REPRODUCTION

PREVIOUS EDITION IS NOT USABLE

STANDARD FORM 1449 (REV. 11/2021)

Prescribed by GSA - FAR (48 CFR) 53.212

10. THIS ACQUISITION IS UNRESTRICTED OR

NORTH AMERICAN

INDUSTRY CLASSIFICATION

STANDARD (NAICS):

SIZE STANDARD:

13a. THIS CONTRACT IS A

RATED ORDER UNDER

THE DEFENSE PRIORITIES

AND ALLOCATIONS

SYSTEM - DPAS (15 CFR 700)

SET ASIDE: % FOR:

11. DELIVERY FOR FREE ON

BOARD (FOB) DESTINATION

UNLESS BLOCK IS MARKED

SEE SCHEDULE

12. DISCOUNT TERMS

ARE ARE NOT ATTACHED

ARE ARE NOT ATTACHED

27a. SOLICITATION INCORPORATES BY REFERENCE (FEDERAL ACQUISITION REGULATION) FAR 52.212-1, 52.212-4.

FAR 52.212-3 AND 52.212-5 ARE ATTACHED.

27b. CONTRACT/PURCHASE ORDER INCORPORATES BY REFERENCE FAR 52.212-4. FAR 52.212-5 IS ATTACHED.

8(A)

ECONOMICALLY

DISADVANTAGED

WOMEN-OWNED SMALL

BUSINESS (EDWOSB)

SERVICE-DISABLED

VETERAN-OWNED

SMALL BUSINESS

(SDVOSB)

HUBZONE SMALL

BUSINESS

SMALL BUSINESS

NOTE: OFFEROR TO COMPLETE BLOCKS 12, 17, 23, 24, AND 30.

COPIES TO ISSUING OFFICE. CONTRACTOR AGREES TO FURNISH

AND DELIVER ALL ITEMS SET FORTH OR OTHERWISE IDENTIFIED ABOVE AND

ON ANY ADDITIONAL SHEETS SUBJECT TO THE TERMS AND CONDITIONS

SPECIFIED

DATED.

OFFER

ADDENDA

ADDENDA

140D0426Q0368

See Schedule See Schedule

Interior Business Center, AQD Acquisition Services Directorate 381 Elden Street Suite 2000A Herndon VA 20170

04/30/2026 1000 ED

Heather Smith 0000000000

D12 100.00

531320

$9.5

04/21/2026

The U.S. Department of Interior, Appraisal and

Valuation Services Office, has a requirement for market valuation and appraisal report services for GATE SAHO Buildings 24 & 25, Gateway National Recreation Area, Fort Hancock, Sandy Hook, New Jersey.

STOCK RECORD (S/R)

STANDARD FORM 1449 (REV. 11/2021) BACK

19.

ITEM NO.

20.

SCHEDULE OF SUPPLIES/SERVICES

21.

QUANTITY

22.

UNIT

23.

UNIT PRICE

24.

AMOUNT

32a. QUANTITY IN COLUMN 21 HAS BEEN

RECEIVED INSPECTED AND CONFORMS TO THE CONTRACT, EXCEPT AS NOTED:

41a. I CERTIFY THIS ACCOUNT IS CORRECT AND PROPER FOR PAYMENT

32b. SIGNATURE OF AUTHORIZED GOVERNMENT

REPRESENTATIVE

32c. DATE

41b. SIGNATURE AND TITLE OF CERTIFYING OFFICER 41c. DATE

42a. RECEIVED BY (Print)

42b. RECEIVED AT (Location)

42c. DATE RECEIVED (MM/DD/YYYY) 42d. TOTAL CONTAINERS

40. PAID BY

32d. PRINTED NAME AND TITLE OF AUTHORIZED GOVERNMENT

REPRESENTATIVE

32e. MAILING ADDRESS OF AUTHORIZED GOVERNMENT REPRESENTATIVE 32f. TELEPHONE NUMBER OF AUTHORIZED GOVERNMENT REPRESENTATIVE

32g. EMAIL OF AUTHORIZED GOVERNMENT REPRESENTATIVE

33. SHIP NUMBER 34. VOUCHER NUMBER 35. AMOUNT VERIFIED

CORRECT FOR

PARTIAL FINAL

37. CHECK NUMBER

38. S/R ACCOUNT NUMBER 39. S/R VOUCHER NUMBER

36. PAYMENT

COMPLETE PARTIAL FINAL

ACCEPTED,

WOMEN-OWNED SMALL

BUSINESS (WOSB)

SOLICITATION/CONTRACT/ORDER FOR COMMERCIAL PRODUCTS AND COMMERCIAL SERVICES

1. REQUISITION NUMBER PAGE 1 OF

2. CONTRACT NUMBER 3.AWARD/EFFECTIVE

DATE

4. ORDER NUMBER 5. SOLICITATION NUMBER 6. SOLICITATION ISSUE

DATE

7. FOR SOLICITATION

INFORMATION CALL:

a. NAME b. TELEPHONE NUMBER (No collect calls)

8. OFFER DUE DATE/

LOCAL TIME

9. ISSUED BY

13b. RATING

14. METHOD OF SOLICITATION

CODE

15. DELIVER TO 16. ADMINISTERED BY CODE

18a. PAYMENT WILL BE MADE BY CODE17a. CONTRACTOR/

OFFEROR

CODE

FACILITY

CODE

CODE

TELEPHONE NUMBER

17b. CHECK IF REMITTANCE IS DIFFERENT AND PUT SUCH ADDRESS IN

OFFER

18b. SUBMIT INVOICES TO ADDRESS SHOWN IN BLOCK 18a UNLESS BLOCK

BELOW IS CHECKED

REQUEST

FOR QUOTE

(RFQ)

INVITATION

FOR BID

(IFB)

REQUEST

FOR

PROPOSAL

(RFP)

SEE ADDENDUM

19.

ITEM NO.

20.

SCHEDULE OF SUPPLIES/SERVICES

21.

QUANTITY

22.

UNIT

23.

UNIT PRICE

24.

AMOUNT

(Use Reverse and/or Attach Additional Sheets as Necessary)

25. ACCOUNTING AND APPROPRIATION DATA 26. TOTAL AWARD AMOUNT (For Government Use Only)

28. CONTRACTOR IS REQUIRED TO SIGN THIS DOCUMENT AND RETURN 29. AWARD OF CONTRACT: REFERENCE

. YOUR OFFER ON SOLICITATION

(BLOCK 5), INCLUDING ANY ADDITIONS OR CHANGES WHICH ARE

SET FORTH HEREIN, IS ACCEPTED AS TO ITEMS:

30a. SIGNATURE OF OFFEROR/CONTRACTOR

30b. NAME AND TITLE OF SIGNER (Type or print) 30c. DATE SIGNED

31a. UNITED STATES OF AMERICA (SIGNATURE OF CONTRACTING OFFICER)

31b. NAME OF CONTRACTING OFFICER (Type or print) 31c. DATE SIGNED

AUTHORIZED FOR LOCAL REPRODUCTION

PREVIOUS EDITION IS NOT USABLE

STANDARD FORM 1449 (REV. 11/2021)

Prescribed by GSA - FAR (48 CFR) 53.212

10. THIS ACQUISITION IS UNRESTRICTED OR

NORTH AMERICAN

INDUSTRY CLASSIFICATION

STANDARD (NAICS):

SIZE STANDARD:

13a. THIS CONTRACT IS A

RATED ORDER UNDER

THE DEFENSE PRIORITIES

AND ALLOCATIONS

SYSTEM - DPAS (15 CFR 700)

SET ASIDE: % FOR:

11. DELIVERY FOR FREE ON

BOARD (FOB) DESTINATION

UNLESS BLOCK IS MARKED

SEE SCHEDULE

12. DISCOUNT TERMS

ARE ARE NOT ATTACHED

ARE ARE NOT ATTACHED

27a. SOLICITATION INCORPORATES BY REFERENCE (FEDERAL ACQUISITION REGULATION) FAR 52.212-1, 52.212-4.

FAR 52.212-3 AND 52.212-5 ARE ATTACHED.

27b. CONTRACT/PURCHASE ORDER INCORPORATES BY REFERENCE FAR 52.212-4. FAR 52.212-5 IS ATTACHED.

8(A)

ECONOMICALLY

DISADVANTAGED

WOMEN-OWNED SMALL

BUSINESS (EDWOSB)

SERVICE-DISABLED

VETERAN-OWNED

SMALL BUSINESS

(SDVOSB)

HUBZONE SMALL

BUSINESS

SMALL BUSINESS

NOTE: OFFEROR TO COMPLETE BLOCKS 12, 17, 23, 24, AND 30.

COPIES TO ISSUING OFFICE. CONTRACTOR AGREES TO FURNISH

AND DELIVER ALL ITEMS SET FORTH OR OTHERWISE IDENTIFIED ABOVE AND

ON ANY ADDITIONAL SHEETS SUBJECT TO THE TERMS AND CONDITIONS

SPECIFIED

DATED.

OFFER

ADDENDA

ADDENDA

140D0426Q0368

See Schedule See Schedule

Interior Business Center, AQD Acquisition Services Directorate 381 Elden Street Suite 2000A Herndon VA 20170

04/30/2026 1000 ES

0000000000

D12 100.00

531320

$9.5

04/21/2026

The U.S. Department of Interior, Appraisal and

Valuation Services Office, has a requirement for market valuation and appraisal report services for GATE SAHO Buildings 24 & 25, Gateway National Recreation Area, Fort Hancock, Sandy Hook, New Jersey.

STOCK RECORD (S/R)

STANDARD FORM 1449 (REV. 11/2021) BACK

19.

ITEM NO.

20.

SCHEDULE OF SUPPLIES/SERVICES

21.

QUANTITY

22.

UNIT

23.

UNIT PRICE

24.

AMOUNT

32a. QUANTITY IN COLUMN 21 HAS BEEN

RECEIVED INSPECTED AND CONFORMS TO THE CONTRACT, EXCEPT AS NOTED:

41a. I CERTIFY THIS ACCOUNT IS CORRECT AND PROPER FOR PAYMENT

32b. SIGNATURE OF AUTHORIZED GOVERNMENT

REPRESENTATIVE

32c. DATE

41b. SIGNATURE AND TITLE OF CERTIFYING OFFICER 41c. DATE

42a. RECEIVED BY (Print)

42b. RECEIVED AT (Location)

42c. DATE RECEIVED (MM/DD/YYYY) 42d. TOTAL CONTAINERS

40. PAID BY

32d. PRINTED NAME AND TITLE OF AUTHORIZED GOVERNMENT

REPRESENTATIVE

32e. MAILING ADDRESS OF AUTHORIZED GOVERNMENT REPRESENTATIVE 32f. TELEPHONE NUMBER OF AUTHORIZED GOVERNMENT REPRESENTATIVE

32g. EMAIL OF AUTHORIZED GOVERNMENT REPRESENTATIVE

33. SHIP NUMBER 34. VOUCHER NUMBER 35. AMOUNT VERIFIED

CORRECT FOR

PARTIAL FINAL

37. CHECK NUMBER

38. S/R ACCOUNT NUMBER 39. S/R VOUCHER NUMBER

36. PAYMENT

COMPLETE PARTIAL FINAL

ACCEPTED,

United States Department of the Interior

INTERIOR BUSINESS CENTER

Washington, DC 20240

Table of Contents Instructions to Offerors

Solicitation/Award Procedures

General Requirements

Technical Qualifications

Evaluation of Quotations

Submission of Intent

Submission of Questions

Submission of Quote

Statement of Work

Purchase Order Clauses

Purchase Order Provisions

Attachments

Solicitation – 140D0426Q0368

INSTRUCTIONS TO OFFERORS:

PROPERTY DESCRIPTION

The Department of the Interior (DOI)/Interior Business Center (IBC), Acquisition Services Directorate (AQD) on behalf of the Appraisal and Valuation Services Office (AVSO) is issuing a request for quotation for the appraisal report on:

1. GATE SAHO Buildings 24 and 25, Gateway National Recreation Area Fort Hancock 24 and 25 Magruder Road Sandy Hook, New Jersey 07732

SOLICITATION/AWARD PROCEDURES

This Request for Quote (RFQ) is issued in accordance with the Federal Acquisition Regulation (FAR) Part 12 - Acquisition of Commercial Products and Commercial Services.

ANTICIPATED AWARD TYPE

• 100% Total Small Business Set-Aside

• NAICS Code: 531320 “Offices of Real Estate Appraisers”

• PSC: R411 “Support-Professional: Real Property Appraisals”

• Type of Purchase Order: Firm-Fixed-Price (FFP)

SERVICE AND SUPPLIES

Requirement are provided in the Statements of Work (Attachment 1).

DELIVERY/PERIOD OF PERFORMANCE

The target period of performance is 90 calendar days from the date of the Purchase Order (PO) award.

The initial appraisal target date is 90 calendar days from the date of award. Alternative dates will be considered. Note that preference may be applied the quotes that meet or exceed the requested delivery date. See Section 6: Performance / Deliverable Requirements specified in Statement of Work

(SOW).

LINE-ITEM PRICING

CLIN No. Appraisal Service Description Total Price

00010 GATE SAHO Buildings 24 and 25 Gateway National Recreation Area

Sandy Hook, New Jersey

*As a FFP requirement, the pricing within an offeror’s quotation shall reflect the cost to perform the assignment to include but not limited to any travel, fees, Government discounts granted.

GENERAL REQUIREMENTS

Cover letter no more than one (1) page that includes:

• Tax Identification Number (TIN)

• Unique Entity Identifier (UEI) *UEI replaced DUNS on April 4, 2022

• Complete Business Mailing Address

• Contact Name

• Contact Phone

• Contact Email Address

• Quotation Date

• Quotation Expiration date (60 days)

TECHNICAL QUALIFICATION FOR REQUIREMENT

FACTOR 1: Technical Qualifications

a. State Certification: The Offeror must hold a valid license as a Certified General Appraiser by the State of New Jersey as demonstrated by a copy of the State Licensing Certificate or have the ability to obtain a temporary practice permit for the State of New Jersey. If the appraiser is licensed in another state and is applying for a license in the subject jurisdiction, he/she must provide a copy of his/her current state license. (A temporary license must also be provided by the contracted appraiser and included in the addenda of the appraisal report.)

FACTOR 2: Technical Acceptability

a. Experience for Assignment: Both geographical competency and technical competency will be considered. The contractor shall provide a signed proposal letter that describes and attests to the following:

i. General appraisal experience demonstrating both geographic and technical competence (including a Statement of Qualifications, a resume, or curriculum vitae).

ii. A professional appraisal designation, as demonstrated by submission of a copy of a certificate, will be considered but is not required for this assignment.

b. Qualifications of Associate Appraisers: Sub-contracting of this assignment is not permissible. Any associates expected to contribute to the appraisal must be identified in the proposal and a statement of qualifications and a copy of their New Jersey license or permit must be provided. Those qualifications will be considered in the evaluation of proposals, with emphasis on professional designations and license, years of appraisal experience, and extent of education applicable to the statement of work. An expanded description of these qualifications for any key associates is recommended and may be included in the proposal.

FACTOR 3: Past Performance

a. a. Submit two (2) market rent profile data sheets for an appraisal assignment that are as similar to the subject as possible.

b. Submit a list of similar appraisals (similar in geography and/or residential rental property type) you have completed in Monmouth County, New Jersey, or surrounding area within the past five years. The list should include property type, general location, size, date of report, etc.

OR

Discuss narratively your most pertinent or recent USPAP compliant appraisal assignments that demonstrate particular expertise for this appraisal.

FACTOR 4: Delivery The target date for the initial appraisal report submitted to the AVSO Review Appraiser is 90 days or less, including any holidays from the award of the contract. If the target date is not achievable, then the contractor may provide alternative delivery dates and the reason for the later delivery. Delivery within the performance period is essential for this assignment. Early delivery is preferable.

FACTOR 5: Price Quote

a. Appraisal fees should be commensurate with the location and complexity of the assignment described in the Statement of Work (SOW).

b. Price quotes will be evaluated for fairness and reasonableness.

EVALUATION OF QUOTATIONS

FAR 52.212-2 Evaluation-Commercial Products and Commercial Services (Nov 2021)

a) The Government will award a contract resulting from this solicitation to the responsible offeror whose offer conforming to the solicitation will be most advantageous to the Government, price and other factors considered. Award of this Purchase Order will be made on a Best Value/Trade Off basis.

The following factors shall be used to evaluate offers:

1. Technical Qualifications,

2. Technical Acceptability,

3. Past Performance,

4. Delivery,

5. Price.

Technical Qualifications, Technical Acceptability, Past Performance and Delivery when combined, are more important than cost or price.

(b) A written notice of award or acceptance of an offer, mailed or otherwise furnished to the successful offeror within the time for acceptance specified in the offer, shall result in a binding contract without further action by either party. Before the offer’s specified expiration time, the Government may accept an offer (or part of an offer), whether or not there are negotiations after its receipt, unless a written notice of withdrawal is received before award.

(End of provision)

Further past performance determinations in federal contracting shall be made through a review of relevant information listed within the System of Award Management (SAM) and the Contractor Performance

Assessment Reporting System (CPARS).

All offerors are required to have an active Unique Entity Identifier (UEI) and be registered in www.SAM.gov prior to submission of quotation. **Note, the UEI replaced the DUNS number on April 4, 2022.

**SUBMISSION OF INTENT**

The Contractor is requested to notify Heather Smith, Contracting Officer, at heather_smith@ibc.doi.gov of their intent to submit a quote on this order on or before 10:00 AM Eastern Time, April 24, 2026. All submissions shall reference “Quote – 140D0426Q0368” included in the subject line.

SUBMISSION OF QUESTIONS

Submissions of Questions to this RFQ shall be sent to Heather Smith, Contracting Officer, at heather_smith@ibc.doi.gov, on or before 10:00 AM Eastern Standard Time, April 24, 2026. All submissions shall reference “Quote – 140D0426Q0368” and include in the subject line.

SUBMISSION OF QUOTE

Submissions of Quote to this RFQ shall be sent to Heather Smith, Contracting Officer, at heather_smith@ibc.doi.gov on or before 10:00 AM Eastern Time, April 30, 2026. All submissions shall reference “Quote - 140D0426Q0368” and include in the subject line.

STATEMENT OF WORK

See Attachment 1

PURCHASE ORDER CLAUSES

FAR 52.252-2 Clauses Incorporated by Reference (Feb 1998) This contract incorporates one or more clauses by reference, with the same force and effect as if they were given in full text. Upon request, the Contracting Officer will make their full text available. Also, the full text of a clause may be accessed electronically at this/these address(es):

https://www.acquisition.gov

FAR

Section FAR Section Title Date

52.203-17 Contractor Employee Whistleblower Rights Nov 2023

52.203-19 Prohibition on Requiring Certain Internal Confidentiality Agreements or Statements Jan 2017

52.204-10 Reporting Executive Compensation and First-Tier Subcontract Awards Jun 2020

52.204-13 System for Award Management Maintenance Oct 2018

52.204-18 Commercial and Government Entity Code Maintenance Aug 2016

52.212-4 Contract Terms and Conditions—Commercial Products and Nov 2023 http://www.sam.gov/ mailto:heather_smith@ibc.doi.gov mailto:heather_smith@ibc.doi.gov mailto:heather_smith@ibc.doi.gov https://www.acquisition.gov/ https://www.acquisition.gov/far/52.203-17 https://www.acquisition.gov/far/52.203-19 https://www.acquisition.gov/far/52.204-10 https://www.acquisition.gov/far/52.204-13 https://www.acquisition.gov/far/52.204-18 https://www.acquisition.gov/far/52.212-4#:%7E:text=(a)%20Inspection,in%20the%20item.

FAR

Section FAR Section Title Date

Commercial Services

52.219-33 Nonmanufacturer Rule Sep 2021

52.219-6 Notice of Total Small Business Set-Aside Nov 2020

52.222-19 Child Labor—Cooperation with Authorities and Remedies Mar 2026

52.222-3 Convict Labor June 2003

52.222-36 Equal Opportunity for Workers with Disabilities Jun 2020

52.222-41 Service Contract Labor Standards Aug 2018

52.222-42 Statement of Equivalent Rates for Federal Hires May 2014

52.222-44 Fair Labor Standards Act and Service Contract Labor Standards-Price Adjustment May 2014

52.222-50 Combating Trafficking in Persons Oct 2025

52.222-53 Exemption from Application of the Service Contract Labor Standards to Contracts for Certain Services-Requirements May 2014

52.223-23 Sustainable Products and Services May 2024

52.225-13 Restrictions on Certain Foreign Purchases Feb 2021

52.226-8 Encouraging Contractor Policies To Ban Text Messaging While Driving May 2024

52.232-33 Payment by Electronic Funds Transfer—System for Award Management Oct 2018

52.232-40 Providing Accelerated Payments to Small Business Subcontractors Mar 2023

52.233-3 Protest After Award Aug 1996

52.233-4 Applicable Law for Breach of Contract Claim Oct 2004

52.240-91 Security Prohibitions and Exclusions TBD

(End clause) https://www.acquisition.gov/far/52.219-33 https://www.acquisition.gov/far/52.219-6 https://www.acquisition.gov/far/52.222-19 https://www.acquisition.gov/far/52.222-3 https://www.acquisition.gov/far/52.222-36 https://www.acquisition.gov/far/52.222-41 https://www.acquisition.gov/far/52.222-42 https://www.acquisition.gov/far/52.222-44 https://www.acquisition.gov/far/52.222-50 https://www.acquisition.gov/far/52.222-53 https://www.acquisition.gov/far/52.223-23 https://www.acquisition.gov/far/52.225-13 https://www.acquisition.gov/far/52.226-8 https://www.acquisition.gov/far/part-52#FAR_52_232_40 https://www.acquisition.gov/far/52.233-3

FAR 52.222-55 Minimum Wages for Contractor Workers Under Executive Order 14026.

DEVIATION (Oct 2023)

(a) Definitions. As used in this clause— United States means the 50 states, the District of Columbia, Puerto Rico, the Northern Mariana Islands, American Samoa, Guam, the U.S. Virgin Islands, Johnston Island, Wake Island, and the outer Continental Shelf as defined in the Outer Continental Shelf Lands Act (43 U.S.C. 1331, et seq.).

Worker – (1)

(i) Means any person engaged in performing work on, or in connection with, a contract covered by Executive Order 14026, and–

(A) Whose wages under such contract are governed by the Fair Labor Standards Act (29 U.S.C. chapter 8), the Service Contract Labor Standards statute (41 U.S.C. chapter 67), or the Wage Rate Requirements (Construction) statute (40 U.S.C. chapter 31, subchapter IV);

(B) Other than individuals employed in a bona fide executive, administrative, or professional capacity, as those terms are defined in 29 CFR part 541; and

(C) Regardless of the contractual relationship alleged to exist between the individual and the employer.

(ii) Includes workers performing on, or in connection with, the contract whose wages are calculated pursuant to special certificates issued under 29 U.S.C. 214(c).

(iii) Also includes any person working on, or in connection with, the contract and individually registered in a bona fide apprenticeship or training program registered with the Department of Labor’s Employment and Training Administration, Office of Apprenticeship, or with a State Apprenticeship Agency recognized by the Office of Apprenticeship.

(2)

(i) A worker performs on a contract if the worker directly performs the specific services called for by the contract; and

(ii) A worker performs in connection with a contract if the worker's work activities are necessary to the performance of a contract but are not the specific services called for by the contract.

(b) Executive Order Minimum wage rate.

(1) The Contractor shall pay to workers, while performing in the United States, and performing on, or in connection with, this contract, a minimum hourly wage rate of $15.00 per hour beginning January 30, 2022.

(2) The Contractor shall adjust the minimum wage paid, if necessary, beginning January 1, 2023, and annually thereafter, to meet the applicable annual E.O. minimum wage. The Administrator of the Department of Labor’s Wage and Hour Division (the Administrator) will publish annual determinations in the Federal Register no later than 90 days before the effective date of the new E.O. minimum wage rate. The Administrator will also publish the applicable E.O. minimum wage on https://www.sam.gov (or any successor website), and a general notice on all wage determinations issued under the Service Contract Labor Standards statute or the Wage Rate Requirements (Construction) statute, that will provide information on the E.O. minimum wage and how to obtain annual updates. The applicable published E.O.

minimum wage is incorporated by reference into this contract.

(3)

(i) The Contractor may request a price adjustment only after the effective date of the new annual E.O.

minimum wage determination. Prices will be adjusted only for increased labor costs (including subcontractor labor costs) as a result of an increase in the annual E.O. minimum wage, and for associated labor costs (including those for subcontractors). Associated labor costs shall include increases or decreases that result from changes in social security and unemployment taxes and workers’ compensation insurance, but will not otherwise include any amount for general and administrative costs, overhead, or profit.

(ii) Subcontractors may be entitled to adjustments due to the new minimum wage, pursuant to paragraph (b)(2). Contractors shall consider any subcontractor requests for such price adjustment.

(iii) The Contracting Officer will not adjust the contract price under this clause for any costs other than those identified in paragraph (b)(3)(i) of this clause, and will not provide duplicate price adjustments with any price adjustment under clauses implementing the Service Contract Labor Standards statute or the Wage Rate Requirements (Construction) statute.

(4) The Contractor warrants that the prices in this contract do not include allowance for any contingency to cover increased costs for which adjustment is provided under this clause.

(5) A pay period under this clause may not be longer than semi-monthly, but may be shorter to comply with any applicable law or other requirement under this contract establishing a shorter pay period.

Workers shall be paid no later than one pay period following the end of the regular pay period in which such wages were earned or accrued.

(6) The Contractor shall pay, unconditionally to each worker, all wages due free and clear without subsequent rebate or kickback. The Contractor may make deductions that reduce a worker’s wages below the E.O. minimum wage rate only if done in accordance with 29 CFR 23.230, Deductions.

(7) The Contractor shall not discharge any part of its minimum wage obligation under this clause by furnishing fringe benefits or, with respect to workers whose wages are governed by the Service Contract Labor Standards statute, the cash equivalent thereof.

(8) Nothing in this clause shall excuse the Contractor from compliance with any applicable Federal or State prevailing wage law or any applicable law or municipal ordinance or any applicable contract establishing a minimum wage higher than the E.O. 14026 minimum wage. However, wage increases under such other laws or municipal ordinances are not subject to price adjustment under this subpart.

(9) The Contractor shall pay the E.O. minimum wage rate whenever it is higher than any applicable collective bargaining agreement(s) wage rate.

(10) The Contractor shall follow the policies and procedures in 29 CFR 23.240(b) and 23.280 for treatment of workers engaged in an occupation in which they customarily and regularly receive more than $30 a month in tips.

(c)

(1) This clause applies to workers as defined in paragraph (a). As provided in that definition–

(i) Workers are covered regardless of the contractual relationship alleged to exist between the contractor or subcontractor and the worker;

(ii) Workers with disabilities whose wages are calculated pursuant to special certificates issued under 29 U.S.C. 214(c) are covered; and

(iii) Workers who are registered in a bona fide apprenticeship program or training program registered with the Department of Labor’s Employment and Training Administration, Office of Apprenticeship, or with a State Apprenticeship Agency recognized by the Office of Apprenticeship, are covered.

(2) This clause does not apply to–

(i) Contracts or subcontracts to which the States of Texas, Louisiana, or Mississippi, including their agencies, are a party;

(ii) Fair Labor Standards Act (FLSA)-covered individuals performing in connection with contracts covered by the E.O., i.e. those individuals who perform duties necessary to the performance of the contract, but who are not directly engaged in performing the specific work called for by the contract, and who spend less than 20 percent of their hours worked in a particular workweek performing in connection with such contracts;

(iii) Individuals exempted from the minimum wage requirements of the FLSA under 29 U.S.C. 213(a) and 214(a) and (b), unless otherwise covered by the Service Contract Labor Standards statute, or the Wage Rate Requirements (Construction) statute. These individuals include but are not limited to-

(A) Learners, apprentices, or messengers whose wages are calculated pursuant to special certificates issued under 29 U.S.C. 214(a) ;

(B) Students whose wages are calculated pursuant to special certificates issued under 29 U.S.C. 214(b) ;

and

(C) Those employed in a bona fide executive, administrative, or professional capacity (29 U.S.C.

213(a)(1) and 29 CFR part 541).

(d) Notice. The Contractor shall notify all workers performing work on, or in connection with, this contract of the applicable E.O. minimum wage rate under this clause. With respect to workers covered by the Service Contract Labor Standards statute or the Wage Rate Requirements (Construction) statute, the Contractor may meet this requirement by posting, in a prominent and accessible place at the worksite, the applicable wage determination under those statutes. With respect to workers whose wages are governed by the FLSA, the Contractor shall post notice, utilizing the poster provided by the Administrator, which can be obtained at www.dol.gov/agencies/whd/government-contracts, in a prominent and accessible place at the worksite. Contractors that customarily post notices to workers electronically may post the notice electronically provided the electronic posting is displayed prominently on any Web site that is maintained by the contractor, whether external or internal, and customarily used for notices to workers about terms and conditions of employment.

(e) Payroll Records.

(1) The Contractor shall make and maintain records, for three years after completion of the work, containing the following information for each worker:

(i) Name, address, and social security number;

(ii) The worker’s occupation(s) or classification(s);

(iii) The rate or rates of wages paid;

(iv) The number of daily and weekly hours worked by each worker;

(v) Any deductions made; and

(vi) Total wages paid.

(2) The Contractor shall make records pursuant to paragraph (e)(1) of this clause available for inspection and transcription by authorized representatives of the Administrator. The Contractor shall also make such records available upon request of the Contracting Officer.

(3) The Contractor shall make a copy of the contract available, as applicable, for inspection or transcription by authorized representatives of the Administrator.

(4) Failure to comply with this paragraph (e) shall be a violation of 29 CFR 23.260 and this contract.

Upon direction of the Administrator or upon the Contracting Officer's own action, payment shall be withheld until such time as the noncompliance is corrected.

(5) Nothing in this clause limits or otherwise modifies the Contractor’s payroll and recordkeeping obligations, if any, under the Service Contract Labor Standards statute, the Wage Rate Requirements (Construction) statute, the Fair Labor Standards Act, or any other applicable law.

(f) Access. The Contractor shall permit authorized representatives of the Administrator to conduct investigations, including interviewing workers at the worksite during normal working hours.

(g) Withholding. The Contracting Officer, upon his or her own action or upon written request of the Administrator, will withhold funds or cause funds to be withheld, from the Contractor under this or any other Federal contract with the same Contractor, sufficient to pay workers the full amount of wages required by this clause.

(h) Disputes. Department of Labor has set forth in 29 CFR 23.510, Disputes concerning contractor compliance, the procedures for resolving disputes concerning a contractor’s compliance with Department of Labor regulations at 29 CFR part 23. Such disputes shall be resolved in accordance with those procedures and not the Disputes clause of this contract. These disputes include disputes between the Contractor (or any of its subcontractors) and the contracting agency, the Department of Labor, or the workers or their representatives.

(i) Antiretaliation. The Contractor shall not discharge or in any other manner discriminate against any worker because such worker has filed any complaint or instituted or caused to be instituted any proceeding under or related to compliance with the E.O. or this clause, or has testified or is about to testify in any such proceeding.

(j) Subcontractor compliance. The Contractor is responsible for subcontractor compliance with the requirements of this clause and may be held liable for unpaid wages due subcontractor workers.

(k) Subcontracts. The Contractor shall include the substance of this clause, including this paragraph (k) in all subcontracts, regardless of dollar value, that are subject to the Service Contract Labor Standards statute or the Wage Rate Requirements (Construction) statute, and are to be performed in whole or in part in the United States.

(End of clause)

FAR 52.252-6 Authorized Deviations in Clauses (Nov 2020) (a)The use in this solicitation or contract of any Federal Acquisition Regulation (48 CFR Chapter 1) clause with an authorized deviation is indicated by the addition of "(DEVIATION)" after the date of the clause.

(b)The use in this solicitation or contract of any Department of the Interior Acquisition Regulation (48 CFR Chapter 14) clause with an authorized deviation is indicated by the addition of “(Deviation)” after the name of the regulation.

(End of clause)

Disclosure of Information: Information made available to the Contractor by the Government for the performance or administration of this effort shall be used only for those purposes and shall not be used in any other way without the written agreement of the Contracting Officer.

The Contractor agrees to assume responsibility for protecting the confidentiality of Government records, which are not public information. Each Contractor or employee of the Contractor to whom information may be made available or disclosed shall be notified in writing by the Contractor that such information may be disclosed only for a purpose and to the extent authorized herein.

Release of Information: No news release (including photographs and films, public announcements, denial, or confirmation of same) on any part of the subject matter of this effort or any phase of any program hereunder shall be made without the prior written approval of the Contracting Officer.

The Contractor is prohibited from releasing to any source, other than the sponsoring activity, any interim, draft, and final reports or information pertaining to services performed under this contract until report approval or official review has been obtained. Furthermore, the Contractor shall insure that the cover of all interim, draft, and final reports contains the following statement: "The view, opinions, or findings contained in this report are those of the author(s) and should not be construed as an official Government position, policy, or decision, unless so designated by other documentation."

There shall be no dissemination or publication, except within and between the Contractor and any subcontractors, of information developed under this contract or contained in the reports to be furnished pursuant to this effort without prior written approval from the Contracting Officer.

Information made available to the Contractor by the Government for the performance or administration of this effort shall be used only for those purposes and shall not be used in any other way without the written agreement of the Contracting Officer.

The Contractor agrees to assume responsibility for protecting the confidentiality of Government records, which are not public information. Each Contractor or employee of the Contractor to whom information may be made available or disclosed shall be notified in writing by the Contractor that such information may be disclosed only for a purpose and to the extent authorized herein.

(a) The contractor agrees, in the performance of this contract, to keep the information furnished by the Government or acquired/developed by the contractor in performance of the contract and designated by the

Contracting Officer or Contracting Officer's Representative, in the strictest confidence. The contractor also agrees not to publish or otherwise divulge such information, in whole or in part, in any manner or form, nor to authorize or permit others to do so, taking such reasonable measures as are necessary to restrict access to such information while in the contractor's possession, to those employees needing such information to perform the work described herein, i.e., on a “need to know” basis. The contractor agrees to immediately notify the Contracting Officer in writing in the event that the contractor determines or has reason to suspect a breach of this requirement has occurred.

(b) The contractor agrees that it will not disclose any information described in subsection (a) to any person unless prior written approval is obtained from the Contracting Officer. The contractor agrees to insert the substance of this clause in any consultant agreement or subcontract hereunder.

DOI-AAAP-0028 Electronic Invoicing and Payment Requirements – Invoice Processing Platform (IPP) (February 2021) Payment requests must be submitted electronically through the U. S. Department of the Treasury's Invoice Processing Platform System (IPP).

"Payment request" means any request for contract financing payment or invoice payment by the Contractor. To constitute a proper invoice, the payment request must comply with the requirements identified in the applicable Prompt Payment clause included in the contract, or the clause 52.212-4 Contract Terms and Conditions – Commercial Items included in commercial item contracts. The IPP website address is: https://www.ipp.gov.

Under this contract, the following documents are required to be submitted as an attachment to the IPP invoice:

Invoice Contents: Invoices will be paid upon approval and acceptance by the Government COR.

Invoices must include, as a minimum, the following information:

• Contractor name

• Contractor address

• Purchase Order No.

• Invoice date and number

• Billing Period for the services performed

• FFP Deliverable (if FFP)

• ODC Total with corresponding breakout (if applicable)

• Additional supporting documentation MAY BE REQUESTED at the discretion of the COR.

The Contractor must use the IPP website to register, access and use IPP for submitting requests for payment. The Contractor Government Business Point of Contact (as listed in SAM) will receive enrollment instructions via email from the Federal Reserve Bank of St. Louis (FRBSTL) within 3 – 5 business days of the contract award date. Contractor assistance with enrollment can be obtained by contacting the IPP Production Helpdesk via email IPPCustomerSupport@fiscal.treasury.gov or phone

(866) 973-3131.

If the Contractor is unable to comply with the requirement to use IPP for submitting invoices for payment, the Contractor must submit a waiver request in writing to the Contracting Officer with its proposal or quotation.

PURCHASE ORDER PROVISIONS

https://www.ipp.gov/ mailto:IPPCustomerSupport@fiscal.treasury.gov

FAR 52.252-1 Solicitation Provisions Incorporated by Reference. (Feb 1998) This solicitation incorporates one or more solicitation provisions by reference, with the same force and effect as if they were given in full text. Upon request, the Contracting Officer will make their full text available. The offeror is cautioned that the listed provisions may include blocks that must be completed by the offeror and submitted with its quotation or offer. In lieu of submitting the full text of those provisions, the offeror may identify the provision by paragraph identifier and provide the appropriate information with its quotation or offer. Also, the full text of a solicitation provision may be accessed electronically at this/these address(es): https://www.acquisition.gov

FAR

Section FAR Section Title Date

52.203-18 Prohibition on Contracting with Entities that Require Certain Internal Confidentiality Agreements or Statements-Representation Jan 2017

52.204-16 Commercial and Government Entity Code Reporting Aug 2020

52.204-17 Ownership or Control of Offeror Aug 2020

52.204-7 System for Award Management Nov 2024

52.209-11 Representation by Corporations Regarding Delinquent Tax Liability or a Felony Conviction under any Federal Law Feb 2016

52.209-2 Prohibition on Contracting with Inverted Domestic Corporations- Representation Nov 2015

52.219-1 Small Business Program Representations Feb 2021

52.222-48 Exemption from Application of the Service Contract Labor Standards to Contracts for Maintenance, Calibration, or Repair of Certain Equipment-Certification

May 2014

52.222-52 Exemption from Application of the Service Contract Labor Standards to Contracts for Certain Services-Certification May 2014

52.225-25 Prohibition on Contracting with Entities Engaging in Certain Activities or Transactions Relating to Iran-Representation and Certifications Jun 2020

FAR 52.252-5 Authorized Deviations in Provisions (Nov 2020) (a)The use in this solicitation of any Federal Acquisition Regulation (48 CFR Chapter 1) provision with an authorized deviation is indicated by the addition of "(DEVIATION)" after the date of the provision.

(b)The use in this solicitation of any Department of the Interior Acquisition Regulation (48 CFR Chapter

14) provision with an authorized deviation is indicated by the addition of “(Deviation)” after the name of the regulation.

https://www.acquisition.gov/ https://www.acquisition.gov/far/52.203-18 https://www.acquisition.gov/far/part-52#FAR_52_204_16 https://www.acquisition.gov/far/part-52#FAR_52_204_17 https://www.acquisition.gov/far/52.204-7 https://www.acquisition.gov/far/part-52#FAR_52_209_11 https://www.acquisition.gov/far/part-52#FAR_52_209_2 https://www.acquisition.gov/far/52.219-1 https://www.acquisition.gov/far/52.222-48 https://www.acquisition.gov/far/52.222-52 https://www.acquisition.gov/far/52.225-25

ATTACHMENTS

Attachment 1 Statement of Work Attachment a Gate SAHO24 and 25 Aerial Site Map Attachment b Gate SAHO Plans 24 Attachment c Gate SAHO Plans 25 Attachment d Gate SAHO 24 Rehab Cost Estimate Attachment e Gate SAHO NPS Map Attachment f Gate SAHO 36 CFR Parts 18 and 68 Attachment g Gate Building 24 and 25 Draft Lease

END OF SOLICITATION

Market Rent Appraisal Agency - NPS

Commercial Services

AVIS# P250092

March 18, 2026

AVSO Statement of Work Page 1 of 10

STATEMENT OF WORK (SOW)

Appraisal and Valuation Services Office (AVSO)

Agency Case ID 00229666

AVIS Number P250092

1. Prior to contract award, submit all questions in writing to:

Email: Heather_Smith@ibc.doi.gov

2. Submit your contract response (bid package) for this appraisal assignment to the above referenced email address.

3. The contracting officer will provide contact information for the property owner with the contract award.

SECTION 1 – Subject Identification & General Information

Identification Case Name GATE SAHO Buildings 24 and 25

Location

Fort Hancock, Sandy Hook 24 and 25 Magruder Road Sandy Hook, New Jersey 07732

Property Type Former barracks to be renovated as 27 residential rental units

Case Type Fair market value rent appraisal as if the proposed rehabilitation is complete.

Appraiser’s Client U.S. Department of Interior, Appraisal and Valuation Services Office (AVSO)

Intended Users The intended users of the appraisal report are the client and the U.S. National Park Service (NPS) on behalf of the United States of America

Intended Use The appraisal report will be used to provide guidance to the National Park Service in establishing market rent for the subject property. It is not intended for any other use.

Property Description

Originally constructed as barracks for enlisted U.S. Army troops at Sandy Hook, Buildings 24 and 25 are historic buildings and are part of the larger property owned and operated by the U.S. National Park Service within the Gateway National Recreation Area. The subject property is summarized in the following chart.

Commercial Services

AVSO Statement of Work Page 2 of 10

NPS

Property ID

Tax Parcel I.D. Land Area Improvements (source: NPS)

GATE SAHO

Buildings 24 and 25

Monmouth County, NJ:

Tax parcel – Block 1, Lot 1.01, Qual:

C0024, C0025;

According to NPS, the area to be appraised consists of Buildings 24 and 25 and outdoor areas marked in red on the aerial map provided;

• Buildings 24 and 25 (Former barracks) were constructed of brick in 1898 and are located in the Fort Hancock National Historic Landmark District.

• The buildings are currently vacant, and the rehabilitation will convert the existing buildings into 27 residential units for lease.

• Building 24 consists of two floors totaling 11,540 square feet, and an unfinished basement with 5,570 square feet.

• Building 24 will be renovated into 11 residential units on the first and second floors, consisting of three studio units, six 1BR/1.5BA units, and two 2BR/1.5BA units.

• Building 25 consists of two floors totaling 11,540 square feet, and an unfinished basement with 5,570 square feet.

• Building 25 will be renovated into 16 residential units on the first and second floors, consisting of twelve studio units and four 1BR/1BA units.

• All units include a kitchen or kitchenette with dishwasher, refrigerator, and stove, and some units in Building 24 have washers and dryers. Building 25 includes a laundry room on the first floor. There is no elevator in either building.

• Accuracy of the gross building area and net leasable area must be verified. Building plans are available and will be provided. The plans include residential unit sizes, but do not include dimensions.

• The units have no on-site parking or designated parking spaces.

• Upon completion of the rehabilitation, the National Park Service will lease the improvements and outdoor walkway areas identified on the aerial map provided to one tenant.

The plans dated 10/1/2020 (Building 24) and 11/13/20 (Building 25) with NPS revisions dated 6/29/22 have been attached as an Exhibit.

• The appraiser must comply with USPAP S.R. 1-2(e)(i) and the appraisal must contain information, documents, and/or exhibits sufficient to identify the real estate, including the physical, legal, and economic property characteristics.

• There is a 2017 LOI in place that has been renewed annually. The prospective tenant is responsible for all rehabilitation costs.

Proposed Permitted Uses and Uses Not Permitted Uses permitted by the National Park Service according to the draft lease are housing units in studio, one bedroom, and two-bedroom configurations available for long-term and short-term sub-rental. All subleases must be submitted for Lessor approval. Sales of units are not permitted. See the latest annual Superintendent's Compendium - Gateway National Recreation Area (U.S. National Park Service) for park information.

https://home.nps.gov/gate/learn/management/superintendent-s-compendium.htm

Commercial Services

AVSO Statement of Work Page 3 of 10

Surrounding Uses Buildings 24 and 25 are located approximately 100 feet west of Magruder Road and front the Fort Hancock Parade Field. The north side of Building 25 fronts Hudson Road, and McFly’s on the Hook, a convenience store, is located across Hudson Road from the subject. The Sandy Hook Visitors Center is located approximately 325 feet northeast of the subject.

Parking No on-site or designated parking is available. Public (non-exclusive) parking is available within the park.

Location Map

Aerial of Buildings 24 and 25

Photo provided by NPS

Commercial Services

AVSO Statement of Work Page 4 of 10

Legal Description

None provided. According to the NPS, the leasing area consists of the building footprints and the outdoor areas outlined in red on the site plan provided below and included as an attachment. As no survey or legal description is provided, the appraiser should measure the buildings and outlined areas in red, and affirm the reasonableness of the property description in the appraisal report.

Property Interest

Property rights held by the leasehold position as defined by the lease template.

Outstanding Rights

None. Any outstanding rights discovered that impact rental value should be discussed promptly with the review appraiser during the appraisal process prior to submission of the appraisal report.

Reservations

None. The property owner is proposing to convey a leasehold estate only.

Commercial Services

AVSO Statement of Work Page 5 of 10

Personal Property

The appraisal should exclude any personal property. The buildings will be leased to a single tenant at completion of the rehabilitation as unfurnished units.

Property Access

Building 25 has frontage along Hudson Road, and both buildings are accessible via sidewalks from Magruder Road and Hudson Road. Legal and physical access should be confirmed and sufficiently explained within the appraisal.

Property Owner

The legal owner is the United States of America, administered by the U.S. National Park Service (NPS).

Occupancy

The property is currently vacant and will be leased to a single tenant at completion of rehabilitation.

Owner Contact Information

Information will be provided to the contracted appraiser upon award.

Provided Subject Property Exhibits

The following subject property exhibits will be provided as attachments to the solicitation:

a. GATE SAHO 24 and 25 Aerial Site Map

b. GATE SAHO 24 Plans

c. GATE SAHO 25 Plans

d. GATE SAHO Building 24 Rehab Cost Estimate

e. GATE SAHO NPS Map

f. GATE SAHO 36 CFR Parts 18 and 68

g. GATE SAHO 24 and 25 Draft Lease

The following additional exhibit will be provided only to the appraiser awarded the contract:

h. GATE SAHO Building 24 and 25 Project Contact List

SECTION 2 – Appraisal Requirements & Instructions

Appraisal Standards

1. Uniform Standards of Professional Appraisal Practice (USPAP) 2024

2. The reporting format and level of detail presented in the report should conform to Appendix B, page 213 of the UASFLA 6th edition standards. However, since this is a proposed lease of Federal property, the appraisal need not conform to Uniform Appraisal Standards for Federal Land Acquisition (UASFLA).

Commercial Services

AVSO Statement of Work Page 6 of 10

Applicable Law, Regulation, and Policy

The appraisal must conform to the following laws, regulations, and policies:

• Federal Regulations 36 CFR, Parts 18 and 68

• National Park Service Reference Manual 38

Fair Market Value Rent

Federal Regulations 36 CFR, §18.2 defines fair market value rent as follows:

“Fair market value rent means the most probable rent, as of a specific date, in cash or in terms equivalent to cash, for which the property to be leased, under the terms and conditions of the lease, should rent for its highest and best permitted use after reasonable exposure in a competitive market under all conditions requisite to a fair leasing opportunity, with the lessor and the lessee each acting prudently, knowledgeably, and for self-interest, and assuming that neither is under undue duress. Determinations of fair market value rent under this part are to be made taking into account the considerations stated in §18.5.”

Federal Regulations 36 CFR, §18.5 states:

“Property may be leased under this part only if the lease requires payment of rent to the government equal to or higher than the property's fair market value rent. The determination of fair market value rent shall take into account:

(a) Any restrictions on the use of the property or terms of the lease that limit the value and/or the highest and best use of the property;…