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Department of Defense

Notice of Intent to Award a Sole Source Lease for a Space at Incheon International Airport, South Korea

Solicitation: Not available
Notice ID: 88f4b7ec67fe4f1983503e29c2f8f771
TypeSpecial NoticeNAICS 531DepartmentDepartment of DefensePostedApr 06, 2026, 12:00 AM UTCDueApr 14, 2026, 09:59 AM UTCExpired

Special Notice from DEPT OF DEFENSE • DEPT OF DEFENSE. Place of performance: seoul, Incheon • 99999 Korea, South. Response deadline: Apr 14, 2026. Industry: NAICS 531.

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Market snapshot

Baseline awarded-market signal across all contracting (sample of 400 recent awards; refreshed periodically).

12-month awarded value
$3,120,883,216
Sector total $3,120,883,216 • Share 100.0%
Live
Median
$350,000
P10–P90
$32,476$4,023,104
Volatility
Volatile200%
Market composition
NAICS share of sector
A simple concentration signal, not a forecast.
100.0%
share
Momentum (last 3 vs prior 3 buckets)
+100%($3,120,883,216)
Deal sizing
$350,000 median
Use as a pricing centerline.
Live signal is computed from awarded notices already observed in the system.
Signals shown are descriptive of observed awards; not a forecast.

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Live POP
Place of performance
seoul, Incheon • 99999 Korea, South
Contracting office
Not listed

Applicable Wage Determinations

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Point of Contact

Name
Agren Ramento
Email
agren.ramento@usace.army.mil
Phone
Not available

Agency & Office

Department
DEPT OF DEFENSE
Agency
DEPT OF DEFENSE
Subagency
Not available
Office
Not available
Contracting Office Address
Not available

More in NAICS 531

Description

The US Government intends to award a succeeding lease using other than full and open competition for an (existing) lease for the U.S. Army Corps of Engineers that is expiring at the Incheon Internation Airport , Incheon, South Korea.

The Government requires space yielding a minimum of 15.84 square meters at Terminal 1 and 12.6 square meters at Terminal 2.

To submit a location for inspection, contact this office by 20 April 2026.  Submissions by other than the owner or manager of a property must be accompanied by a letter from the owner granting permission to make a general offering of the space.

This NOTICE OF INTENT is not a request for competitive quotes. The Government will not be responsible for any cost incurred in preparation of response. A determination by the Government not to compete this requirement based upon responses to this notice is solely within the discretion of the Government. Information received will be considered solely for the purpose of determining whether to conduct a competitive procurement.

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FAQ

How do I use the Market Snapshot?

It summarizes awarded-contract behavior for the opportunity’s NAICS and sector, including a recent pricing band (P10–P90), momentum, and composition. Use it as context, not a guarantee.

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What do P10 and P90 mean?

P10 is the 10th percentile award size and P90 is the 90th percentile. Together they describe the typical spread of award values.