Sole Source Succeeding Lease at 86 Chambers Street based upon lowest cost in comparison to other options in the market (see approved Justification)
Files size/type shown when available.
A practical, capture-style breakdown of fit, requirements, risks, and next steps.
The Public Buildings Service is seeking a sole source succeeding lease for the location at 86 Chambers Street, New York, NY. The procurement is focused on securing the lowest cost option in the market, hence a justification has been approved for this approach.
The buyer aims to secure a succeeding lease at the specified location, ensuring that the cost is minimized compared to alternative options available in the market.
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.
The signal updates as new awarded notices enter the system. Always validate the official award and solicitation details on SAM.gov.
P10 is the 10th percentile award size and P90 is the 90th percentile. Together they describe the typical spread of award values.
Awarded-market signal for NAICS 53112 (last 12 months), benchmarked to sector 53.