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GSA Lease Negotiations and Due Diligence

Understand the SFO process, negotiating the lease and dealing with the government as the tenant.

The federal government is the country's?biggest 'tenant' by far, if not in the world. In both strong and not-so-strong economic times, the federal government is always in the market for new or replacement space ranging from state of the art office space to simple warehousing requirements.?When the commercial real estate market is in the doldrums, the federal government is always still there.?Understanding how to successfully deal with the government and obtain a long-term stream of rental income?should be a critical aspect of any prudent lessor's and investor's knowledge portfolio.

Runtime: 107 minutes
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Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Understanding GSA's Broad Leasing Authority

Advantages and Disadvantages of Leasing to the Government

Understanding the SFO and the Lease

  • Termination and Option Provisions
  • Tenant Improvement Allowances
  • Geographical Restrictions
  • Security Requirements
  • Construction Budgeting
  • Calculation of NUSF
  • The GSA Forms - SF2, SF 1217, SF 1364, SF 3517, SF 3518, Etc.
  • Occupancy, Notices to Proceed, Substantial Completion, Acceptance of the Space
  • Space Requirements, Standard and Otherwise
  • Going Green
  • Operating Costs
  • Adjustments for Real Estate Tax Changes
  • Drawings
  • Delays

Understanding the SFO Competitive Process

  • SFO as RFP
  • Award Based on Price, Price Evaluation
  • Other Award Factors and "Most Advantageous to the Government" Determinations
  • SFO Defects and Award Challenges, the Bid Protest Process

Administering the Lease

  • Renewals
  • Keeping the Tenant Agency Happy
  • Selling the Property, Novations
  • Assignments Under the Assignment of Claims Act
  • Claims Under the Contract Disputes Act
  • Compliance With GSAR and FAR Requirements
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Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on January 24, 2018.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Richard Moorhouse

Richard Moorhouse

Greenberg Traurig, LLP

  • Shareholder with Greenberg Traurig, LLP
  • More than 30 years of experience litigating procurement award and contract disputes at the federal, state, and local level
  • Practice also frequently involves the conduct of internal investigations, the preparation of comprehensive submissions to clients detailing the results of those investigations, and disclosures to the government in a variety of matters including those giving rise to potential debarments, suspensions, and other determinations of ineligibility to receive contract awards
  • Retained as an expert witness in complex civil litigation involving federal government contract issues
  • Achieved the highest rating with Martindale-Hubbell® Law Directory
  • J.D. and M.A. degrees, Suffolk University Law School; B.A. degree, University of Massachusetts at Amherst
  • Can be contacted at 703-749-1304 or [email protected]
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Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Product ID: 401415
Published 2018
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