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Kurt Stout

WASHINGTON, DC–Recently, pre-solicitation notices posted to the Federal Business Opportunities website (FBO) have been indicating GSA’s desire to enter into longer lease contracts. FBO notices advertise GSA’s requirements for upcoming procurements, including the length of lease term that the government is willing to execute. Therefore, these FBO notices are a good leading indicator of future leasing activity. We analyzed more than 2,000 of these pre-solicitation notices from 2011 to the present and found that the lease procurements underway since 2015 are poised to yield longer-term lease contracts as those procurements are completed and the leases commence.

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