Holland & Knight - The General Services Administration (GSA) released Lease Acquisition Circular, LAC-2020-01, issuing Leasing Desk Guide, Chapter 23, Lease Acquisitions Using Unusual and Compelling Urgency, on April 2, 2020. In light of the current circumstances surrounding COVID-19, lessors may experience an uptick in instances where the federal government is required to enter into urgent lease acquisitions, and therefore should understand the different procedures and processes the government uses when entering into leases under an unusual and compelling urgency. This blog post outlines the triggering factors that give rise to urgent lease actions, the expedited acquisition process, and a description of the differences between traditional leasing actions and urgent leasing actions.
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GSA Leases Under Unusual and Compelling Urgency
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