Lease of Office Space

Award Notice Posted

Solicitation number
AAF-PR-24-0114
Agency
Awarded
to Franklin Court Inc.
Set-aside
No set-aside

Opportunity facts

Contract number
MCC-14-LEASE-0003 Federal contract award
Place of performance
Washington, District of Columbia, United States

Notice details come from SAM.gov. Updated .

About this opportunity

This Award Notice is for a superseding lease of office space for the Millennium Challenge Corporation (MCC), a civilian federal agency. The MCC is awarding a 10-year lease contract to Franklin Court Inc. for 83,105 rentable square feet of office space at a rate of $58.00 per square foot, for a total contract value of $62,623,139. The MCC is reducing its leased office space from 111,373 to 83,105 square feet, resulting in an estimated $10,314,840 in net present value savings over 11 years compared to relocating to a new space that met the agency's requirements.

Notice text

This contract action is for a superseding lease of office space and was not awarded competitively nor at a fixed price.  The award is being made non-competitively as a superseding lease, as a previous special notice (AAF-PR-24-0156) and market reseach failed to produce an economically advantageous alternative to negotiating with the current lessor.  

Awarded contract MCC-14-LEASE-0003 to FRANKLIN COURT INC for 62623139.00 on 2024-11-04.

Files

File Type Posted
MCC Superseding JOTFOC.pdf PDF

Notice history

Notice Type Posted
This notice Award Award Notice
Lease of Office Space Latest special notice Special Notice

On GovTribe

Work this opportunity

  • Track it in your pipeline
  • Find teaming partners
  • Similar opportunities
  • Ask GovTribe AI about this opportunity

GovTribe for Federal Contractors