Ft Collins CBOC - Succeeding Lease Award.pdf
PDF 3 MB Posted
- Attached to
- Fort Collins CBOC
- Solicitation number
- 36C24W25L0050
- Issued by
-
Department of Veterans Affairs
About this file
This document is a Justification for Other Than Full and Open Competition for a lease renewal by the Veterans Health Administration (VHA) at 2509 Research Boulevard in Ft. Collins, Colorado. The VHA seeks to renew a lease for 7,405 ABOA/9,998 rentable square feet of medical space for a 10-year term starting August 1, 2025, with the current incumbent lessor. Market research conducted on May 21, 2024, using LoopNet identified 4 potentially acceptable locations within the delineated area, with negotiable rates ranging from $34-$45 per rentable square foot. The anticipated rental rate of $44.58 per RSF is deemed fair and reasonable, and within the current market range of $34.00 to $45.00. The justification emphasizes that changing locations would incur significant relocation costs and disrupt operations, and the current lessor has demonstrated exceptional service to the facility.
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Text version
Revised 12-06-2022.
b. VA HCA for Leasing Review and Approval (required when the anticipated value of the succeeding lease is above the SLAT and exceeds $750K total contract value): I have reviewed the foregoing justification and find it to be complete and accurate to the best of my knowledge and belief and approve for other than full and open competition.
Digitally signed by BRANDILYNE
BRANDILYNE STOCKSTILL STOCKSTILL
Date: 2025.03.14 14:59:39 -05'00'
John D. Thomas Associate Executive Director Office of Real Property Office of Construction and Facilities Management
Date for
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