PSC X1LZ - LEASE/RENTAL OF PARKING FACILITIES
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Classification & Hierarchy for PSC X1LZ
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:
- X1 LEASE/RENTAL OF BUILDINGS
- Active Since:
- October 1, 2011
- Last Updated:
- April 30, 2024
Overview for PSC X1LZ
The PSC code X1LZ refers to the lease or rental of parking facilities. This classification encompasses services where government agencies contract for the use of parking spaces or structures, whether surface lots or multi-level garages. These facilities may be leased on a short-term or long-term basis and can include securing dedicated parking areas for federal employees, visitors, or government vehicles. Leasing parking facilities helps agencies manage parking logistics efficiently, especially in urban or high-demand areas where on-site parking is limited or unavailable. This PSC enables streamlined contracting for parking space access without the need for owning or maintaining parking infrastructure directly.
Typical Buyers & Agencies for PSC X1LZ
Federal agencies with significant staff presence or frequent visitor traffic commonly procure parking facility leases under PSC X1LZ. Departments such as the General Services Administration (GSA), Department of Defense (DoD), and large civilian agencies often require leased parking spaces near their offices or installations to accommodate employees, contractors, and official visitors. Additionally, agencies operating in urban centers with limited on-site parking options rely on this PSC to secure external parking facilities close to their work locations. This ensures operational efficiency and compliance with security and accessibility requirements.
Common Contract Types for PSC X1LZ
Leases and rental agreements under PSC X1LZ typically involve firm-fixed-price contracts or indefinite delivery/indefinite quantity (IDIQ) contracts to provide flexibility in parking space usage. Agencies may use simplified acquisition procedures for short-term or low-value leases, while larger, long-term parking facility leases often require formal competitive bidding to ensure best value. Contracts may include provisions for reserved parking spaces, maintenance responsibilities, and security requirements. The typical use cases include securing parking for federal employees, government vehicles, and official visitors in congested or high-demand areas.
Plain-Language Breakdown for PSC X1LZ
- Covers leasing or renting parking lots, garages, and other parking facilities to federal agencies.
- Used primarily by agencies needing off-site or additional parking capacity, especially in urban locations.
- Contracts range from short-term hourly rentals to long-term multi-year leases.
- Procurements often involve firm-fixed-price or IDIQ contracts with competitive bidding for larger leases.
- Closely associated with NAICS codes related to real estate leasing and property management.
- Supports government workforce mobility and visitor access where on-site parking is insufficient or unavailable.
Related Categories for PSC X1LZ
Other categories at the same level as X1LZ
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