Extension JOFOC _4GA0275_(Mar. 2022)_Redacted.pdf
PDF 276 KB Posted
- Attached to
- Lease Extension Awarded Federal contract opportunity
- Solicitation number
- 4GA0275
About this file
This document is a Justification for Other Than Full and Open Competition (JOFOC) for a 24-month lease extension. The current lessor, LOCKWOOD 1338 BROADWAY, LLC, is being awarded a 2-year extension for the existing lease contract GS-04B-43248 with the General Services Administration (GSA) Public Buildings Service Region 4. The extension is necessary to allow the government to remain at the current location without incurring move and replication costs that would not be recovered through competition. Recent market research shows the proposed rental rate of per rentable square foot (RSF) is within the current market range and deemed fair and reasonable by the GSA Lease Contracting Officer. No advertisements were required for this extension, per GSAM regulations. The government plans to consider allowing sufficient time for full and open competition prior to the next lease expiration, and will aim to limit any overly restrictive requirements that may favor the incumbent.
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4. DEMONSTRATION THAT THE PROPOSED CONTRACTOR’S UNIQUE QUALIFICATIONS OR
NATURE OF THE ACQUISITION REQUIRES THE USE OF THE AUTHORITY CITED.
It is in the best interest of the Government to remain at the current location during the extension period.
[Insert description of need for extension from 570.405 1 through 4 or other situation supporting extension]. Award to other than the current Lessor would require relocation of the entire requirement and would cause SSA/OHO to incur move and replication costs that would not be recovered through competition.
5. DESCRIPTION OF EFFORTS MADE TO ENSURE THAT OFFERS ARE SOLICITED FROM AS
MANY POTENTIAL SOURCES AS IS PRACTICABLE.
In accordance with GSAM 570.106(d) and 570.405, an advertisement is not required for extensions.
6. DEMONSTRATION BY THE CONTRACTING OFFICER THAT THE ANTICIPATED COST TO
THE GOVERNMENT WILL BE FAIR AND REASONABLE.
Recent market research conducted by the Lease Contracting Officer in Columbus, GA showed the rental rate within the market area ranges from .
Therefore, the anticipated rental rates for this lease extension of per RSF, are within the current market range for this submarket and are deemed fair and reasonable by the GSA Lease Contracting Officer.
7. DESCRIPTION OF MARKET RESEARCH CONDUCTED AND THE RESULTS.
On 03/26/2024, market research was conducted using CoStar. The market research showed the rental rate within the market area ranges from .
8. OTHER FACTS SUPPORTING USE OF OTHER THAN FULL AND OPEN COMPETITION.
Remaining at the current location under a 24-month extension corrects a holdover status and allows the Government to continue operations without disruption.
9. LIST OF SOURCES, IF ANY, THAT EXPRESSED, IN WRITING, AN INTEREST IN THE
ACQUISITION.
N/A
10. STATEMENT OF ACTIONS, IF ANY, THE AGENCY MAY TAKE TO REMOVE OR OVERCOME
ANY BARRIERS TO COMPETITION BEFORE ANY SUBSEQUENT ACQUISITION.
In advance of an existing lease contract’s expiration, considerations will be given to allow for sufficient time to conduct a full and open procurement. The Government will consider the time and cost of moving from the existing location, and the time and cost to build out new space when deciding whether it is economically advantageous to stay at the existing building or to undergo a competitive action.
Additionally, consideration will be given to the customer agency’s mission and security requirements (if applicable) to include limiting any agency space requirements that may be deemed unduly restrictive and thus favor the incumbent. The Government will remain conscious of the effort to continuously encourage competition when practicable.
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