PSC E1CA - PURCHASE OF SCHOOLS
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Classification & Hierarchy for PSC E1CA
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 E1CA
The Product and Service Code (PSC) E1CA, designated as PURCHASE OF SCHOOLS, pertains specifically to the acquisition of educational facilities by federal government agencies. This PSC encompasses contracts involving the purchase of existing school buildings or complexes, including their associated infrastructure and physical assets. It is primarily used when agencies require ownership of school properties for federal programs, agency-specific training centers, or community educational initiatives. The code ensures standardized classification for contracting officers to identify and manage procurements related to school property acquisition efficiently. Government entities leverage this PSC to meet strategic objectives that necessitate physical educational environments under federal control.
Typical Buyers & Agencies for PSC E1CA
Federal agencies involved in education, training, community development, or military education programs are the primary buyers using PSC E1CA. Agencies such as the Department of Education, Department of Defense (for military training facilities), General Services Administration (GSA), and other federal entities focused on educational infrastructure acquisition frequently engage in contracts under this PSC. These agencies acquire schools to support federal educational initiatives, ensure dedicated training spaces, or repurpose educational facilities for government use. The PSC facilitates streamlined procurement processes when acquiring tangible school properties.
Common Contract Types for PSC E1CA
Contracts under PSC E1CA typically involve firm-fixed-price and negotiated contracts due to the nature of real estate transactions. Procurement methods often include sealed bidding, negotiated procurements, or sole-source acquisitions, depending on the availability and specificity of the property. Given the capital-intensive nature of purchasing schools, contract values are generally substantial and require thorough due diligence, appraisal, and compliance with federal real property acquisition regulations. The PSC supports both direct purchase agreements and contracts involving third-party brokers or property managers acting on behalf of the government.
Plain-Language Breakdown for PSC E1CA
- Covers the purchase and acquisition of existing school buildings and educational facilities by the federal government.
- Primarily used by agencies focused on education, training, and community development requiring ownership of school properties.
- Contracts are often firm-fixed-price with significant due diligence due to the real estate nature of purchases.
- Procurement methods include sealed bidding, negotiated contracts, and sometimes sole-source acquisitions.
- Typically involves coordination with real estate, appraisal, and property management professionals.
- Commonly associated with NAICS codes related to real estate leasing, property management, and construction.
Related Categories for PSC E1CA
Other categories at the same level as E1CA
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