8NC2241 JOTFOC Redacted.pdf
PDF 117 KB Posted
- Solicitation number
- 8NC2241
About this file
This document is a Single/Sole Source Justification for a Simplified Lease Acquisition for the SBA in Charlotte, NC. The General Services Administration currently leases 7,973 RSF at 6302 Fairview Rd, Charlotte, NC 28210 under lease number LNC62008, which expires on 8/31/2023. GSA is requesting approval to negotiate a succeeding lease without full and open competition for continued occupancy at this location. The estimated net average annual rental over the 20-year lease term, including any options, is $219,257.50. Market research was conducted via BetaSam.gov and CoStar. The Contracting Officer has determined the anticipated cost to be fair and reasonable, and 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.
View the file
On GovTribe
Work with this file
- Download the original file
- Contacts named in this file
- Similar government files
- Ask GovTribe AI about this file
Text version
SINGLE/SOLE SOURCE JUSTIFICATION DOCUMENT, SIMPLIFIED LEASE ACQUISITION
U.S. General Services Administration
GSA Region 4 Leasing Division
LEASE NUMBER: LNC02011
PROJECT NUMBER: 8NC2241
AGENCY: SBA
CURRENT ANNUAL RENTAL: $205,623.67
1. IDENTIFICATION AND DESCRIPTION OF ACTION BEING APPROVED:
The General Services Administration currently leases 7,973 Rentable Square Feet (RSF) with a Common Area
Factor (CAF) of 1.15, yielding 6,933 ANSI BOMA Office Area square feet (ABOA) located at 6302 Fairview Rd, Charlotte, NC 28210 under lease number LNC62008 for the SBA. The current lease expires 08/31/2023. Approval is requested to negotiate a succeeding lease without full and open competition for continued occupancy at this leased location. (Note: for expansions please state the scope of the work to establish it is within the general scope of the lease)
2. CALCULATION OF NET AVERAGE ANNUAL RENTAL OVER LEASE TERM:
Estimated Shell Rate- $143,514.00
Estimated TI- $30,847.00
Lease Term including any option periods- 20 years, 15 firm
Net Average Annual Rental Calculation- $219,257.50
3. DESCRIPTION OF EFFORTS TO SOLICIT AS MANY SOURCES AS PRACTICAL: An ad was placed on
BetaSam.gov on January 31, 2022 through February 2, 2022. Also, market research was done via CoStar.
4. COST BENEFIT ANALYSIS IF APPLICABLE (insert from lease decision tool, if not applicable N/A):
5. CONTRACTING OFFICER CERTIFICATION AND DETERMINATION THAT THE ANTICIPATED COST
WILL BE FAIR AND REASONABLE:
The projected rental rate of $33.50 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 $219,257.50 per annum.
Prepared By:
X Morgan Walker
Broker Contractor
Approved By:
X LeShaundra Greer
Lease Contracting Officer
File details come from the government source that posted it. Updated .