Inactive

GSA has awarded the incumbent lessor, Yesler Investment Co, LLC, with a three year lease extension for 84,937 rentable square feet of office space in Seattle, WA. In accordance with GSAM 570.405(c), L... GSA has awarded the incumbent lessor, Yesler Investment Co, LLC, with a three year lease extension for 84,937 rentable square feet of office space in Seattle, WA. In accordance with GSAM 570.405(c), Lease Extensions, FAR 6.302-1 permits contracting without providing for full and open competition when the property or services needed by the agency are available from only one responsible source and no other type of property or services will satisfy the needs of the agency. This authority applies to lease extensions in situations where the agency occupying the leased space is scheduled to move into other federally-controlled space, but encounters unexpected delays in preparing the new space for occupancy.