Description
The U.S. Securities and Exchange Commission (SEC) is seeking information from potential sources to support the procurement of Tenant Representation Lease Broker Services. The SEC requires a lease extension for its current Atlanta Regional Office (ARO) lease, which is set to expire on November 21, 2026. The selected contractor will be responsible for negotiating a fair market lease extension rate and terms, providing market comparables, and drafting a Supplemental Lease Agreement. The contractor will also be required to conduct a project kick-off meeting with the SEC and provide regular updates on the project schedule.
Some key points to consider include:
• The lease extension should align with the General Services Administration's (GSA) schedule for the replacement ARO lease.
• The contractor should maximize efficiency and economies gained by conducting the GSA new long-term lease requirement.
• The contractor will be responsible for drafting and submitting a Supplemental Lease Agreement to document the agreed-upon terms and rates for the lease extension.
• The contractor will be compensated based on a commission sliding scale, with a percentage of the commission being foregone and applied to rental payments.