JOFOC_for_IRS_Provide signed 4.29.25.pdf

This document is a Justification for Other Than Full and Open Competition (JOFOC) for a GSA lease renewal in Providence, Rhode Island. The document seeks a 5-year renewal option for 16,348 square feet of office space under lease number GS-01P-LRJ04997, with the current lease expiring on 7/31/2025. The GSA is pursuing a short-term renewal without full and open competition to maintain continuous occupancy at the existing location while a new replacing procurement is being finalized.

Key details include a market research effort that identified 21 potential locations, with the incumbent being the only expression of interest (EOI) received. The proposed rental rates are deemed fair and reasonable based on current market research, and the renewal will include a one-year firm term effective 8/1/2025 through 7/31/2026, with termination rights. The justification is supported by cost-benefit analysis and market research, and has received approvals from various GSA officials, including the Lease Contracting Officer and Regional Leasing Director, with final signatures dated between 12/12/2024 and 1/9/2025.