JOTFOC - 3TX1251.pdf

This is a Simplified Lease Acquisition Threshold - Absence of Competition Memo documenting a lease renewal decision for Project Number Rexus 3TX1251. The Government has determined that renewing the current lease (LTX17323) at 3900 Rogers Road, San Antonio, TX 78251 represents the most advantageous location to meet the tenant agency's continuing space requirements. The current lease is set to expire on December 12, 2026. Market research was conducted using CoStar to identify potential alternatives, with only one respondent identified: Coventry Health Care located at 3900 Rogers Road, San Antonio, TX 78251.

The decision to pursue the succeeding lease is supported by cost-based rationale under GSAM 570.402-1(a) and 570.203-2. Analysis using the Succeeding Lease Analysis Tool demonstrates that remaining in place yields significantly lower costs compared to relocation to an alternative location. The expected cost savings from this action is $2,381,253.00, representing savings of $221.84 per ABOA (area of building occupancy) square foot. The memo was prepared by Wm. Gomez (Project Manager) and approved by Corinne Mekom-Lemos (Lease Contracting Officer) on March 23, 2026.