Best fitDavis-Baconstate match
NY20260045 (Rev 2)Published May 18, 2026New York • Tioga
80 occupation rates available in the full WD.
Sources Sought: Succeeding Lease at 86 Chambers Street, New York, NY
Solicitation: 5NY0763
Notice ID: d28afb6172614ff19cb830cfe3006eb5
Type • Award NoticeSource codes • 53112PSC • X1AADepartment • General Services AdministrationAgency • Public Buildings ServiceState • NYPosted • Jan 08, 2026, 12:00 AM UTCDue • No due date postedBid range • $316,256 - $374,822
Contract snapshot
Award Notice from PUBLIC BUILDINGS SERVICE • GENERAL SERVICES ADMINISTRATION. Place of performance: NY. Industry: Source industry codes 53112 • PSC X1AA.
- Source
- Open on SAM.gov →
- Solicitation
- 5NY0763
- Performance
- New York, New York • 10007 United States
- Response
- No due date posted
Live POP
Place of performance
New York, New York • 10007 United States
State: NY
Contracting office
New York, NY • 10278 USA
Point of Contact
Name
Alfonso Yau
Email
alfonso.yau@gsa.gov
Phone
6464383990
Agency & Office
Department
GENERAL SERVICES ADMINISTRATION
Agency
PUBLIC BUILDINGS SERVICE
Subagency
PBS R2 OFFICE OF LEASING
Office
Not available
Contracting Office Address
New York, NY
10278 USA
Applicable wage determinations
Best public WD match for the notice location and scope.
View more WD detail3 more WD matches and 78 more rate previews.↓
View more WD detail
3 more WD matches and 78 more rate previews.
Davis-BaconBest fitstate match
NY20260045 (Rev 2)Published May 18, 2026New York • Tioga
Rate
Base $38.50Fringe $25.04
Rate
Base $43.25Fringe $27.29
Rate
Base $43.34Fringe $27.66
+77 more occupation rates in this WD
Davis-Baconstate match
NY20260079 (Rev 1)Published May 18, 2026New York • Clinton, Franklin, Fulton +4
Rate
Base $43.50Fringe $28.38
Rate
Base $17.41Fringe $2.46
Rate
Base $16.47Fringe $0.36
+8 more occupation rates in this WD
Davis-Baconstate match
NY20260082 (Rev 1)Published May 18, 2026New York • Erie
Rate
Base $34.73Fringe $28.61
Rate
Base $62.39Fringe $38.44
Rate
Base $35.75Fringe $30.80
+20 more occupation rates in this WD
Davis-Baconstate match
NY20260009 (Rev 2)Published May 18, 2026New York • Jefferson, Lewis, St Lawrence
Rate
Base $35.23Fringe $26.61
Rate
Base $37.23Fringe $19.51
Rate
Base $39.52Fringe $27.16
+57 more occupation rates in this WD
Description
Sole Source Succeeding Lease at 86 Chambers Street based upon lowest cost in comparison to other options in the market (see approved Justification)
Award Info
Awardee
TRPF 86 CHAMBERS STREET LLC
Amount
$47,977,064
Award #
GS-02P-LNY01152
Award Date
2025-12-15
Advisory bid range
Pricing and bid posture
$316,256 - $374,822
Contractor-side estimate from visible notice metadata, NAICS/PSC, contract type, schedule hints, and BidPulsar workpaper assumptions. Not an IGCE, incumbent price, award value, or government budget.
Floor
$316,256
Target
$334,663
Premium
$374,822
Labor
$167,120
Direct
$15,500
Burden
$112,136
Fee + reserve
$39,442
Target $334,663Hybrid workpaper with explicit assumptions4 modeled rows
This advisory bid range is visible page text for contractors and search engines: it summarizes the modeled floor, target, and premium bid posture for this solicitation.
12-month awarded value
$1,598,430,128
Sector total $1,598,430,128 • Share 100.0%
Live
Median
$45,705
P10–P90
$45,705–$45,705
Volatility
Stable0%
Market composition
NAICS share of sector
A simple concentration signal, not a forecast.
100.0%
share
Momentum (last 3 vs prior 3 buckets)
+137%($648,978,987)
Deal size index
1049.72× median
Award vs latest median (a sizing reference).
Live signal is computed from awarded notices already observed in the system.
Signals shown are descriptive of observed awards; not a forecast.
Files
Files size/type shown when available.
BidPulsar Analysis
A practical, capture-style breakdown of fit, requirements, risks, and next steps.
Updated: Jan 09, 2026
Client-ready brief
Executive summary
medium confidencegpt 4o mini
The Public Buildings Service is seeking a sole source succeeding lease for the location at 86 Chambers Street, New York, NY. The procurement is focused on securing the lowest cost option in the market, hence a justification has been approved for this approach.
succeeding leasesolicitationPublic Buildings Servicecommercial real estateNew York leasingsource codes 53112
What the buyer is trying to do
The buyer aims to secure a succeeding lease at the specified location, ensuring that the cost is minimized compared to alternative options available in the market.
Who should pursue this
- Commercial real estate firms with experience in government leasing
- Property owners with existing leases in the specified area
- Firms capable of providing competitive pricing for lease agreements
Work breakdown
- Evaluate current lease terms and conditions
- Research market costs for similar properties
- Compile and present lowest cost alternatives
- Develop a strategy for negotiations
- Prepare necessary documentation for sole source justification
Response package checklist
- Proof of prior leasing experience
- Cost analysis of proposed lease terms
- Justification for pricing and terms offered
- Company financial statements
- Relevant compliance documentation
More BidPulsar strategy notesCompliance, pricing, teaming, risks, questions, and coverage notes
Compliance notes
- Ensure compliance with federal leasing regulations
- Follow GSA guidelines for property leasing
- Adhere to environmental and safety regulations for the premises
Pricing strategy
- Emphasize competitive pricing based on market research
- Consider potential additional costs (utilities, maintenance)
- Highlight cost-saving measures in the proposal
Teaming and subs
- Partnerships with local real estate agencies for market insights
- Subcontracting with firms experienced in lease negotiations
- Collaboration with legal advisors for compliance
Risks and watchouts
- Market fluctuations affecting lease pricing
- Changes in government leasing regulations
- Potential for lengthy negotiation processes
Smart questions to ask
- What specific criteria will be used to determine the 'lowest cost'?
- Are there any operational needs that must be met beyond rental terms?
- What will the timeline be for decision-making post-submission?
Source coverage notes
Some notices publish limited source detail. Confirm these points before final bid/no-bid decisions.
- Criteria for determining the lowest cost
- Exact response deadline
- Details on the approved justification for sole source
- Additional operational requirements for the space
- Competitive properties that are being compared
Federal Bid Partners
Service match
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