Board of Contract Appeals
                 General Services Administration
                      Washington, D.C. 20405


                _________________________________

                GRANTED IN PART:  August 19, 2005
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                           GSBCA 16499


                 LANE ALAN AND GILDA MARTIN BUNT,

                                        Appellants,

                                v.

                 GENERAL SERVICES ADMINISTRATION,

                                        Respondent.

     H. Wesley Reeder of Emmanuel, Sheppard & Condon, Pensacola, FL, counsel for
Appellants.

     Torrie N. Harris, Office of General Counsel, General Services Administration,
Washington, DC, counsel for Respondent.

Before Board Judges DANIELS (Chairman), DeGRAFF, and GOODMAN.

GOODMAN, Board Judge.

     Appellants, Lane Alan and Gilda Martin Bunt, entered into a lease with the
respondent, General Services Administration (GSA), to build and rent to GSA a building in
Pensacola, Florida.  Thereafter, appellants submitted a claim for rent commensurate with an
increase of rentable square footage and other costs related to the lease in the amount of
$48,472.96.  The GSA contracting officer issued a final decision dated June 23, 2004,
denying the claim, and appellants filed a notice of appeal at this Board on September 15,
2004.  

     The parties entered into settlement discussions.  On August 18, 2005, the parties filed
a stipulation and executed settlement agreement, requesting that this Board adopt the parties'
stipulation by decision.  The agreement reads, in part:

     The parties agree to stipulate to judgement in the amount of . . . $28,627.85
     with such amounts to be paid to [appellants] by GSA. 

     The agreement states that the payment of $28,627.85 is inclusive of various amounts
owed and establishes the leased rentable footage in a specific amount.  The agreement
stipulates that payment of the stated amount and amendment of the lease terms will be a full,
final, and complete settlement and satisfaction of all claims related to the appeal, including
claims for costs, interest, and attorney fees, and the parties agree to submit certificates of
finality to this Board.

                             Decision

     Rule 136(e) (48 CFR 6101.36(e) (2004)) provides that the Board may adopt the
parties' stipulation, by decision, and that such decision is an adjudication of the appeal on
its merits.  E.g., Flintco, Inc. v. General Services Administration, GSBCA 13618, 97-1 BCA 
 28,738 (1996).  Pursuant to the agreement of the parties and Rule 136 (e), the Board adopts
the parties' stipulation and enters judgment as requested.  This appeal is GRANTED IN
PART, to be paid from the permanent indefinite judgment fund, 31 U.S.C.   1304 (2000), in
the amount of $28,627.85.




                                   __________________________________
                                   ALLAN H. GOODMAN
                                   Board Judge

We concur:




__________________________________ __________________________________
STEPHEN M. DANIELS                 MARTHA H. DeGRAFF
Board Judge                             Board Judge