GSA Broker Industry Days Seek Industry Feedback
Post filed in: Leases
GSA will host a series of industry roundtables for the commercial brokerage community to obtain feedback as we prepare for the fourth iteration of the National Broker Contract. These sessions will be held in New York City, Atlanta and Washington, D.C. beginning April 8th, through May 10th, 2018 concluding with an industry conference in Washington, D.C. During the conference, GSA will provide an overview and status of the Automated Advanced Acquisition Program which enables people and businesses the opportunity to electronically offer building space for lease to the federal government.
This fourth iteration of the National Broker Contract is slated for award by 2020 with a Notice to Proceed in 2021. GSA’s ultimate goal is to create a contract that achieves increased taxpayer savings and leverages private sector expertise to assist GSA with efficiently managing its expiring lease workload.
The previous broker contracts have resulted in the delivery of 118 million rentable square feet, generated more than $345 million in rental abatements and cost savings and provided $49 million in small business opportunities.
“This is a great opportunity for the private sector real estate community to provide feedback to us in preparation for the next generation broker contract.” said Allison Azevedo, Acting Assistant Commissioner, GSA PBS National Office of Leasing.
For more information on the current broker contracts, GSA Leasing Support Services, please visit www.gsa.gov/gls.