PSC E1AA - PURCHASE OF OFFICE BUILDINGS

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Classification & Hierarchy for PSC E1AA

The classification hierarchy shows how this PSC code fits within the broader federal procurement structure.

Level 1 Spend Category:
4 Facilities & Construction
Level 2 Spend Category:
4.5 Facilities Purchase & Lease
Parent PSC Code:
E1 PURCHASE BUILDINGS
Active Since:
October 1, 2011
Last Updated:
April 30, 2024

Overview for PSC E1AA

The Product and Service Code (PSC) E1AA pertains to the purchase of office buildings by federal government agencies. This code is specifically used to classify acquisitions involving the outright purchase of existing office buildings for federal use, encompassing various types of structures intended primarily for administrative and operational functions. The scope includes buildings that serve as workspace for government employees, housing offices, meeting rooms, and supporting facilities necessary for day-to-day government operations. Government agencies use this PSC when contracting for real estate acquisitions to secure permanent office space, often as part of long-term facility planning and asset management strategies. This code does not cover construction, leasing, or renovation services, which are classified under different PSCs.

Typical Buyers & Agencies for PSC E1AA

Federal agencies with significant administrative functions and large workforce requirements are the primary buyers under PSC E1AA. This includes departments such as the General Services Administration (GSA), which often acts as the central real estate agent for many federal entities, as well as agencies like the Department of Defense, Department of Homeland Security, and other civilian agencies requiring dedicated office facilities. These buyers seek to acquire office buildings to support operational continuity, reduce leasing costs, and secure strategic locations for their missions. The use of this PSC reflects a focus on long-term investment in federal infrastructure and efficient space utilization.

Common Contract Types for PSC E1AA

Contracts under PSC E1AA typically involve firm-fixed-price agreements for the purchase of real property, often negotiated through direct acquisition or competitive bidding processes when applicable. Procurement methods may include sealed bids, negotiated contracts, or real estate purchase agreements facilitated by government real estate specialists. These transactions are usually one-time purchases rather than ongoing contract relationships. The value of contracts can vary widely depending on the size, location, and condition of the office buildings acquired. Agencies may also employ due diligence and appraisal services within these contracts to ensure fair market value and compliance with federal real estate regulations.

Plain-Language Breakdown for PSC E1AA

  • Covers the outright purchase of existing office buildings for federal government use.
  • Primarily utilized by federal agencies requiring permanent administrative workspace.
  • Contracts are generally firm-fixed-price and may involve competitive bidding or negotiation.
  • Supports long-term federal property asset management and infrastructure planning.
  • Commonly linked with NAICS codes related to real estate and property management.
  • Not used for construction, leasing, or renovation services, which have separate PSCs.

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