531190: Lessors of Other Real Estate Property

Buyers in this code are mostly federal agencies and their contracting offices, and most of the money is not spread evenly. The data shows 8,430 awards worth $1.08B from FY2001 to FY2027, with 1,202 distinct vendors. The median award is $13.6K, so most deals are small, but a few large awards carry much of the total. The U.S. Mint Headquarters has one award worth $118.71M. The FAA has 73 awards worth $48.84M, GSA's Public Buildings Service has 325 worth $46.60M, and the Louisiana Contract Operations and Management Branch has 268 worth $40.58M. The notice does not say what these buyers purchase or how their awards are structured. Most awards carry no set-aside: 6,636 are coded NONE and 1,418 have no set-aside recorded. Only a small number use set-asides, including 291 SBA, 41 8AN, 20 VSB, 11 RSB, 5 WOSB, and 2 8A awards.

For a firm deciding whether to pursue this code, the picture is a large, open market with thin average deal sizes and a wide vendor base. The median is small, and the average vendor has seen roughly seven awards across the period, so repeat wins look possible but are not guaranteed. Competition levels per award are not stated in the notice, so the data does not show how many bidders typically respond to a given solicitation. A firm should not read the total dollar value as a measure of what any one bid is worth. The very large totals sit in a small number of awards and buyers.

Over the next year, the main signal is the pipeline. There are 41 active notices and 37 contracts ending within 12 months, worth $2.89M in total. The notice does not say which buyers those expiring contracts belong to, what work they cover, or whether they will be recompeted, extended, or moved to a set-aside. Firms that track these expirations and the active notices may see where recompetes are likely. The notice also does not say how the set-aside mix will change, so a firm should not assume that the current pattern of mostly unrestricted awards will hold.