Award Synopsis for Leased Space in Burlington, VT 2VT0082
Summary
AI-generated · Aug 25, 2025Leased office space in the Downtown Core of Burlington, VT (bounded by Pearl St, Main St, South Winooski Ave, and Battery St) with 1,900–2,000 ABOA square feet and 5 parking spaces, for a 10-year lease with a 5-year firm term.
Awarded non-competitively under sole-source authority (41 U.S.C. 3304(a)(1); GSAR 570.402) because awarding to another offeror would involve substantial duplication of costs not recoverable through competition. Award amount: $1,127,344.85. Awardee: Investors Corporation of Vermont.
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.
From Award Notice posted on Jul 15, 2025Notice history
1Details
Award Information
Award Notices
Posted: Jul 15, 2025
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...
Awardees
| Company Name | UEI | CAGE Code | Location |
|---|---|---|---|
| INVESTORS CORPORATION OF VERMONT | NH2UKHGDNQZ7 | 415F7 | Burlington, VT |
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