[Code of Federal Regulations]
[Title 41, Volume 3]
[Revised as of July 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 41CFR102-85.75]

[Page 285-286]
 
           TITLE 41--PUBLIC CONTRACTS AND PROPERTY MANAGEMENT
 
               CHAPTER 102--FEDERAL MANAGEMENT REGULATION
 
PART 102-85--PRICING POLICY FOR OCCUPANCY IN GSA SPACE--Table of Contents
 
                     Subpart B--Occupancy Agreement
 
Sec. 102-85.75  When can space assignments be terminated?

    (a) Customer agencies can terminate any space assignments, except 
those designated as non-cancelable, with the following stipulations:

[[Page 286]]

    (1) The agency must give GSA written notice at least four months 
prior to termination.
    (2) The agency is responsible for reimbursing GSA for the unpaid 
balance of the cost of tenant improvements, generally prior to GSA 
releasing the agency from the space assignment. In the event the 
customer agency received a rent concession (e.g., free rent) at the 
inception of the assignment as part of the consideration for the entire 
lease term, then the amount of the concession applicable to the 
remaining term must be repaid to GSA.
    (3) If the space to be vacated is ready for occupancy by another 
customer and marketable, GSA accepts the termination of assignment.
    (4) If the agency has vacated all of the space and removed all 
personal property and equipment from the space by the cancellation date 
in the written notice, the agency will be released effective that date 
from further Rent payments.
    (5) An agency may terminate a GSA space assignment with less than a 
four-month advance written notice to GSA, if:
    (i) Either GSA or the terminating agency has identified another 
agency customer for the assigned space and that substitute agency wants 
and is able to fully assume the Rent payments due from the terminating 
agency; and
    (ii) The terminating agency continues to pay Rent until the new 
agency starts paying Rent.
    (b) GSA can terminate space assignments according to GSA regulations 
for emergency or forced moves.
    (c) OAs terminate automatically at expiration.