Award Synopsis for Leased Space in Burlington, VT

Award Notice Posted

Solicitation number
2VT0082
Agency
Awarded
Set-aside
No set-aside

Opportunity facts

Contract number
GS-01P-LVT00615
Place of performance
Burlington, Vermont 05401, United States

Notice details come from SAM.gov. Updated .

About this opportunity

The General Services Administration Public Buildings Service Region 1 has awarded a sole source lease contract GS-01P-LVT00615 to Investors Corporation of Vermont for office space in Burlington, Vermont's downtown core area. The leased space encompasses 1,900 to 2,000 square feet of office space with 5 parking spaces, located within boundaries defined by Pearl Street, Main Street, South Winooski Avenue, and Battery Street. The contract value is $1,127,344.85 with a full term of 10 years and a firm term of 5 years, awarded non-competitively under sole source authority due to the determination that awarding to any other offeror would result in substantial duplication of costs to the Government.

Notice text

Award Synopsis                                                      
GSA Public Buildings Service
U.S. GOVERNMENT

General Services Administration (GSA) has awarded a lease for the following space:

State:
Vermont

City:
Burlington

Delineated Area:
North boundary: Pearl St
South boundary: Main St
East boundary: South Winooski Ave
West boundary: Battery St
Known as "Downtown Core"

Minimum Sq. Ft. (ABOA):
1900

Maximum Sq. Ft. (ABOA):
2000

Space Type:
Office

Parking Spaces:
5

Full Term:
10 Years

Firm Term:
5 Years

This contract was awarded non-competitively based on 41 U.S.C. 3304(a)(1) and GSAR 570.402. The use of the sole source authority is appropriate where it is determined that award to any other offeror would result in substantial duplication of costs to the Government that are not expected to be recovered through competition.

Awarded contract GS-01P-LVT00615 to INVESTORS CORPORATION OF VERMONT for 1127344.85 on 2025-07-15.

Notice history

Notice Type Posted
This notice Award Award Notice
Presolicitation Notice/Advertisement for Leased Space in Burlington, VT Latest pre-solicitation Pre-Solicitation

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