Notification of Intent to Extend CFTC Headquarters Lease
Closed Pre-Solicitation Posted
- Solicitation number
- CFTCHQLeaseExtension
- Responses due
- Set-aside
- No set-aside
Opportunity facts
- NAICS code
- 53 Real Estate and Rental and Leasing
- PSC
- X1AA Lease/Rental Of Office Buildings
- Place of performance
- Washington, District of Columbia 20581, United States
Notice details come from SAM.gov. Updated .
About this opportunity
The Commodity Futures Trading Commission (CFTC) is seeking to extend its existing headquarters lease at 1155 21st Street NW, Washington, DC through a sole-source negotiation with Beacon Capital Partners, DBA LCPC Lafayette Property LLC. The lease extension is necessary due to President Trump's Presidential Memorandum requiring federal employees to return to full-time in-office work, which has created an urgent need for continued office space. The CFTC requires a minimum of 75,000 usable square feet with individual meeting spaces that must be ready for occupancy by August 2025. The agency posted a pre-solicitation notice on May 13, 2025, with a response deadline of May 28, 2025, to allow other responsible sources to demonstrate their capability to fulfill the requirement. The procurement is being pursued under FAR 6.302-1 and 41 U.S.C. 3304(a)(1), which permits sole-source awards when only one responsible source can satisfy agency needs. The government anticipates making the award on or about July 31, 2025.
This procurement does not utilize any set-aside designations and explicitly states "No Set-Aside Used." The incumbent contractor is Beacon Capital Partners, operating as LCPC Lafayette Property LLC, which currently holds the lease that expires on September 30, 2025. The total estimated value for the lease extension is $41,108,819.50, covering a minimum one-year extension with an option for one additional year. The extension period could potentially span two years total, providing flexibility for the agency's space requirements. According to the attached government documentation, no responses were received to the pre-solicitation notice by the May 28, 2025 deadline, supporting the agency's position that no alternative sources are available. The CFTC has independent leasing authority under 7 U.S.C. 16(b)(3), allowing them to negotiate this extension directly without General Services Administration involvement.
Notice text
The Commodity Futures Trading Commission ("CFTC") intends to negotiate and award a sole-source lease extension to Beacon Capital Partners, DBA LCPC Lafayette Property LLC for CFTC’s existing Headquarters lease at 1155 21st St. NW, Washington, DC 20581. CFTC intends to extend this lease for a minimum of one year with an option to extend for one additional year, for a total potential extension period of two (2) years.
This extension is necessary as a result of President Trump’s Presidential Memorandum (PM), “Return to In-Person Work” and the associated Office of Personnel Management (OPM) memorandum entitled “Guidance on Presidential Memorandum Return to In-Person Work.”
CFTC has independent leasing authority (reference 7 U.S.C. § 16(b)(3)) and is the lease holder for its Washington, DC location at 1155 21st Street NW, Washington, DC 20581, which expires on September 30, 2025.
The Government intends to procure this requirement under FAR 6.302-1 and 41 U.S.C. 3304(a)(1) “the property or services needed by the executive agency are available from only one responsible source and no other type of property or services will satisfy the needs of the executive agency.”
THIS NOTICE IS NOT A REQUEST FOR COMPETITIVE PROPOSALS nor a solicitation of offers. However, the Government will consider written responses from all responsible sources received by 5:00PM ET, May 28, 2025. Written responses must include sufficient information to establish capability to fulfill the requirement. Oral communications are not acceptable in response to this notice. A determination by the government not to compete this proposed requirement is solely within the discretion of the Government. Information received will be considered solely for the purposes for future Market Research requirements. No formal solicitation package is available. The Government anticipates award on or about July 31, 2025. The Government will not be responsible for any costs of preparation in response to this announcement.
Files
| File | Type | Posted |
|---|---|---|
| 7 - LAFAYETTE JOFOC Final signed.pdf |
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