Lease of Office Space

Awarded Award Notice Posted

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

Opportunity facts

Contract number
MCC-14-LEASE-0003 Federal contract award
NAICS code
53 Real Estate and Rental and Leasing
PSC
X1AA Lease/Rental Of Office Buildings
Place of performance
Washington, District of Columbia, United States
Points of contact

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.

Attachments

Files attached to this notice, newest first
File Type Posted
MCC Superseding JOTFOC.pdf PDF

Notice history

Notices posted for this opportunity, newest first
Notice Type Posted
Lease of Office Space This notice · Award Award Notice
Lease of Office Space Latest special notice Special Notice

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