2IL0429: JOFOC Redacted
Awarded Limited / Sole Source Justification Posted
See the award notice from .
- Solicitation number
- 2IL0429
- Agency
-
Region 5
Public Buildings Service, General Services Administration
- Set-aside
- No set-aside
Opportunity facts
- Contract number
- GS-05P-LIL01189
- NAICS code
- 531120 Lessors of Nonresidential Buildings (except Miniwarehouses)
- PSC
- X1AA Lease/Rental Of Office Buildings
- Place of performance
- Chicago, Illinois 60604, United States
- Points of contact
Notice details come from SAM.gov. Updated .
About this opportunity
The General Services Administration Public Buildings Service Region 5 has awarded a 15-year superseding lease to the incumbent lessor under a sole-source justification for 58,996 ABOA / 68,199 rentable square feet of office space at 175 West Jackson Boulevard, Chicago, Illinois, effective March 7, 2027.
The statutory authority is 41 U.S.C. 3304(a)(1), implemented through GSAR 570.402 and 570.404, based on the determination that awarding to another lessor would result in substantial duplication of costs to the Government that cannot be recovered through competition. The current lease (GS-05-LIL19221) expires March 6, 2027. GSA placed a SAM.gov advertisement on August 19, 2024, for 21 days and received interest from only one competing lessor (131 South Dearborn). Market research identified 13 potentially acceptable locations within the delineated geographic area bounded by Wacker Drive (north and west), Van Buren (south), and State Street (east), but competing brokers declined to submit offers, citing the incumbent's competitive advantage from existing tenant improvements and rental rates among the lowest in downtown Chicago. Relocation would incur substantial move and replication costs while eliminating the use of existing tenant improvements. No vacant federal space is available as an alternative. The incumbent's expression of interest included two years of free rent and a tenant improvement credit. Market research confirms rental rates in the superseding lease are within the current market range and deemed fair and reasonable. The specific award amount and annual rental rates are redacted.
Notice text
15 year / 12 year firm Superseding Lease
Awarded contract GS-05P-LIL01189 to unknown vendor for unknown amount on 2026-03-18.
Files
| File | Type | Posted |
|---|---|---|
| 2IL0429 JOTFOC__Redacted.pdf |
Notice history
| Notice | Type | Posted |
|---|---|---|
| Award Notice GS-05P-LIL01189 | Award Notice | |
| This notice | Limited / Sole Source Justification | |
| 2IL0429: Government is considering alternative space if economically advantageous: Minimum Sq. Ft. (ABOA): 58, 996. 00 in Chicago, IL | Pre-Solicitation |
Similar open opportunities
| Opportunity | Agency | Set-aside | Responses due |
|---|---|---|---|
| US Government seeks 1, 527 - 1, 607 ABOA SF of office and related space in Joliet, IL. | Region 5 | No set-aside |
On GovTribe
Work this opportunity
- Track it in your pipeline
- Find teaming partners
- Similar opportunities
- Ask GovTribe AI about this opportunity