12 month surface level parking for rent

Awarded Limited / Sole Source Justification Posted

Solicitation number
3NJ0258
Agency
Set-aside
No set-aside

Opportunity facts

Contract number
LNJ00798
Place of performance
Newark, New Jersey, United States

Notice details come from SAM.gov. Updated .

About this opportunity

The General Services Administration Public Buildings Service Region 2 issued a Limited / Sole Source Justification Notice for a 12-month lease renewal of 7 surface parking spaces located at 42 Central Ave, Newark, NJ 07102 under Lease No. LNJ00798. The current lease expires on December 31, 2024, and GSA seeks to negotiate a non-firm renewal option with a 30-day termination right. Market research conducted on November 30, 2023, revealed average parking rates in Newark ranging from $184-$325 per space per month, with the proposed renewal rate falling below the market average and considered fair and reasonable by the Lease Contracting Officer. The renewal is necessary to maintain government occupancy while GSA finalizes long-term parking requirements. The lease falls below the $250,000 Simplified Lease Acquisition Threshold, thus not requiring a Justification for Other than Full and Open Competition. While the specific vendor and exact award amount remain redacted, the lease is categorized under NAICS 531120 for Lessors of Nonresidential Buildings and PSC X1AA for Lease/Rental of Office Buildings.

Notice text

redacted JOTFOC attached

Awarded contract LNJ00798 to unknown vendor for unknown amount on 2025-01-01.

Files

File Type Posted
3NJ0258_JOTFOC_justification_memo Redacted.pdf PDF

Notice history

Notice Type Posted
This notice Latest Limited / Sole Source Justification
12 month surface level parking for rent Latest pre-solicitation Pre-Solicitation

Similar open opportunities

Opportunity Agency Set-aside Responses due
Parking at 800 N Capitol St NW Washington DC 20002 District of Columbia 20002, United States · NAICS 812930 CSOSA No set-aside

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