Sources Sought: Succeeding Lease at 86 Chambers Street, New York, NY
Award Notice from PUBLIC BUILDINGS SERVICE • GENERAL SERVICES ADMINISTRATION. Place of performance: NY. Industry: NAICS 53112 • PSC X1AA.
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Awarded-market signal for NAICS 53112 (last 12 months), benchmarked to sector 53.
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Description
Sole Source Succeeding Lease at 86 Chambers Street based upon lowest cost in comparison to other options in the market (see approved Justification)
Award Info
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BidPulsar Analysis
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.
- Evaluate current lease terms and conditions
- Research market costs for similar properties
- Compile and present lowest cost alternatives
- Develop a strategy for negotiations
- Prepare necessary documentation for sole source justification
- Proof of prior leasing experience
- Cost analysis of proposed lease terms
- Justification for pricing and terms offered
- Company financial statements
- Relevant compliance documentation
Source coverage notes
Some notices publish limited source detail. Confirm these points before final bid/no-bid decisions.
- Criteria for determining the lowest cost
- Exact response deadline
- Details on the approved justification for sole source
- Additional operational requirements for the space
- Competitive properties that are being compared
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