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Award Synopsis for Leased Space in Burlington, VT   2

ID: 2VT0082 • Type: Award Notice • Match:  100%
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Description

Award Synopsis
GSA Public Buildings Service
U.S. GOVERNMENT

General Services Administration (GSA) has awarded a lease for the following space:

State:
Vermont

City:
Burlington

Delineated Area:
North boundary: Pearl St
South boundary: Main St
East boundary: South Winooski Ave
West boundary: Battery St
Known as "Downtown Core"

Minimum Sq. Ft. (ABOA):
1900

Maximum Sq. Ft. (ABOA):
2000

Space Type:
Office

Parking Spaces:
5

Full Term:
10 Years

Firm Term:
5 Years

This contract was awarded non-competitively based on 41 U.S.C. 3304(a)(1) and GSAR 570.402. The use of the sole source authority is appropriate where it is determined that award to any other offeror would result in substantial duplication of costs to the Government that are not expected to be recovered through competition.

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Overview

Awardee
Investors Corporation Of Vermont
Award ID
GS-01P-LVT00615
Reported Award
$1,127,345
Agency
PBS Region 1: New England Region [GSA - PBS]
Award Date
July 15, 2025
Posted
July 15, 2025, 3:28 p.m. EDT
Set Aside
None
NAICS
531120 - Lessors of Nonresidential Buildings (except Miniwarehouses)
PSC
X1AA - Lease/Rental Of Office Buildings
Place of Performance
Burlington, VT 05401 United States
Source
Open
Current SBA Size Standard
$34 Million
Est. Level of Competition
Sole Source
Award Synopsis for Leased Space in Burlington, VT (2VT0082) was awarded to Investors Corporation Of Vermont on 7/15/25 by PBS Region 1: New England Region.
Primary Contact
Name
Jared Hebner   Profile
Email
jared.hebner@gsa.gov
Phone
(617) 283-2580

Documents

Posted documents for Award Notice 2VT0082

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Opportunity Lifecycle

Procurement notices related to Award Notice 2VT0082

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Additional Details

Source Agency Hierarchy
GENERAL SERVICES ADMINISTRATION > PUBLIC BUILDINGS SERVICE > PBS R1 OFFICE OF LEASING
FPDS Organization Code
4740-BY000
Source Organization Code
100163989
Last Updated
July 30, 2025
Last Updated By
jared.hebner@gsa.gov
Archive Date
July 30, 2025