5A.Redacted JOTFOC.pdf

SINGLE/SOLE SOURCE JUSTIFICATION DOCUMENT, SIMPLIFIED LEASE ACQUISITION

U.S. General Services Administration GSA Region 4 Leasing Division

LEASE NUMBER: LKY42136

PROJECT NUMBER: 2KY0280

AGENCY: Social Security Administration (SSA)

CURRENT ANNUAL RENTAL:

1. IDENTIFICATION AND DESCRIPTION OF ACTION BEING APPROVED:

The General Services Administration currently leases 6,127 Rentable Square Feet (RSF) with a Common Area Factor (CAF) of 1.15, yielding 5,192 ANSI BOMA Office Area square feet (ABOA) located at under lease number LKY42136 for the SSA. The current lease expires 01/14/2023. Approval is requested to negotiate a renewal lease without full and open competition for continued occupancy at this leased location.

2. CALCULATION OF NET AVERAGE ANNUAL RENTAL OVER LEASE TERM:

Estimated Shell Rate- Lease Term including any option periods (if applicable)- 5 years Net Average Annual Rental Calculation-

3. DESCRIPTION OF EFFORTS TO SOLICIT AS MANY SOURCES AS PRACTICAL:

In accordance with GSAM, an advertisement is not required for added renewal options less than 10,000 SF ABOA.

4. COST BENEFIT ANALYSIS IF APPLICABLE (insert from lease decision tool, if not applicable N/A):

N/A

5. CONTRACTING OFFICER CERTIFICATION AND DETERMINATION THAT THE ANTICIPATED COST

WILL BE FAIR AND REASONABLE:

The projected rental rate of would fall within the expected market range. In accordance with GSAM 570.402, the Government may enter into a sole source action for continued occupancy when it is beneficial to the Government.

In this event, a reasonable review by the Contracting Officer has determined that the Government could not expect to recoup the costs to relocate this agency through full and open competition. GSA plans to pursue this lease as it is under the SLAT Threshold at $250,000.00 per annum.

Approved By:

GSA Contracting Officer / Date