PSC E1PC - PURCHASE OF UNIMPROVED REAL PROPERTY (LAND)

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Classification & Hierarchy for PSC E1PC

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 E1PC

The Product and Service Code (PSC) E1PC represents the Purchase of Unimproved Real Property (Land). This PSC covers government acquisitions involving the purchase of raw land parcels that are not developed or improved with any structures, utilities, or infrastructure. It is essential for agencies looking to secure land for future development, conservation, strategic holdings, or other governmental purposes. The acquisitions under this PSC typically include vacant lots, agricultural land, forested areas, and other undeveloped real estate. Government agencies utilize this PSC to facilitate transparent and standardized contracting processes when acquiring land assets that will serve as the foundation for projects or long-term investments.

Typical Buyers & Agencies for PSC E1PC

Federal agencies such as the Department of Defense, Department of the Interior, General Services Administration, and the Department of Agriculture frequently engage in purchases under PSC E1PC. These agencies acquire unimproved real property for purposes including military installations, wildlife conservation, national parks, agricultural research, and infrastructure expansion. State and local government entities may also participate through federal funding programs or partnerships. The nature of these acquisitions supports long-term strategic planning, environmental stewardship, and public service missions requiring land ownership.

Common Contract Types for PSC E1PC

Contracts under PSC E1PC often involve fixed-price agreements where the government purchases land at a negotiated price. Procurement methods typically include sealed bidding, negotiated purchases, or direct acquisitions through real estate brokers and agents. These contracts may be sole-source or competitive depending on the availability of land and urgency of acquisition. Use cases range from straightforward land purchases to complex transactions involving title review, environmental assessments, and compliance with federal real estate regulations. Contract values vary widely based on location and size of property.

Plain-Language Breakdown for PSC E1PC

  • Covers government purchases of undeveloped, unimproved land parcels.
  • Frequently used by agencies for strategic, conservation, or infrastructure purposes.
  • Contracts typically fixed-price with negotiated or competitive procurement methods.
  • Purchases range from small lots to large tracts depending on agency needs.
  • Aligns with NAICS codes related to real estate leasing and land surveying.
  • Supports long-term government land holdings for various mission objectives.

Related Categories for PSC E1PC

Other categories at the same level as E1PC

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