JOTFOC 5CA1597_Redacted.pdf
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- Solicitation number
- 5CA1597
About this file
This is a Justification for Other Than Full and Open Competition document from the U.S. General Services Administration (GSA) for a lease extension. The document covers a 36-month lease extension for 123,000 rentable square feet at the SYCAMORE COLLECTION-BUILDING 2 located at 6711 SYCAMORE CANYON BLVD, RIVERSIDE, under lease number LCA02677 for the TD OFF SECTY agency. The lease extension will commence on October 1, 2025, with an estimated cost per rentable square foot that was redacted. The justification for sole-source procurement is based on avoiding disruption to government operations and preventing unexpected relocation costs, with market research conducted using CoStar confirming the rental rates are within the current market range. The document includes approvals from the Lease Contracting Officer, Real Estate Acquisition Division Director, and the Acting Regional Commissioner for PBS Region 9, with all signatures dated in September 2025.
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5. DESCRIPTION OF EFFORTS MADE TO ENSURE THAT OFFERS ARE SOLICITED FROM AS
MANY POTENTIAL SOURCES AS IS PRACTICABLE.
In accordance with GSAM 570.106(d) and 570.405, an advertisement is not required for extensions.
6. DEMONSTRATION BY THE CONTRACTING OFFICER THAT THE ANTICIPATED COST TO THE
GOVERNMENT WILL BE FAIR AND REASONABLE.
Recent market research conducted by the Lease Contracting Officer in RIVERSIDE, CA showed the rental rate within the market area ranges from $ to $
Therefore, the anticipated rental rates for this lease extension of $ per RSF, are within the current market range for this submarket and are deemed fair and reasonable by the GSA Lease Contracting Officer.
7. DESCRIPTION OF MARKET RESEARCH CONDUCTED AND THE RESULTS.
On September 2, 2025, market research was conducted using CoStar. The market research showed the rental rate within the market area ranges from $ to $
8. OTHER FACTS SUPPORTING USE OF OTHER THAN FULL AND OPEN COMPETITION.
Remaining at the current location under a 36-month extension avoids a holdover and allows the Government to continue operations without disruption.
9. LIST OF SOURCES, IF ANY, THAT EXPRESSED, IN WRITING, AN INTEREST IN THE
ACQUISITION.
N/A
10. STATEMENT OF ACTIONS, IF ANY, THE AGENCY MAY TAKE TO REMOVE OR OVERCOME
ANY BARRIERS TO COMPETITION BEFORE ANY SUBSEQUENT ACQUISITION.
There are no systemic barriers to competition. If the agency has a continuing need for space upon lease expiration, GSA will follow all authorities, regulations and policies applicable to lease acquisition. Should there be remaining useful life in the Government’s tenant improvements, the Government will consider the cost of moving from the existing location, and the cost to build out new space when deciding whether to undergo a competitive action.
Additionally, objective scrutiny will be given to the customer agency’s mission and security requirements (if applicable) to eliminate unnecessary agency space requirements that may be deemed unduly restrictive.
11. CONTRACTING OFFICER CERTIFICATION.
By signature on this Justification for Other than Full and Open Competition, the GSA Lease Contracting Officer certifies that the award of a lease extension of 36 months for LCA02677 is in the Government’s best interest and that this Justification is accurate and complete to the best of the GSA Lease Contracting Officer’s knowledge and belief.
__________________________________ Date_____________________ Jessica L. Escobedo, Lease Contracting Officer
12. PREPARER’S TECHNICAL CERTIFICATION.
I certify that the supporting data used to form the basis of this Justification is complete and accurate to the best of my knowledge and belief.
___________________________________ Date______________________ Jessica L. Escobedo, Lease Contracting Officer
CONCUR
____________________________________ Date______________________ Pamela Collins, Director Real Estate Acquisition Division
COMPETITION ADVOCATE APPROVAL
________________________________ Date______________________ Amanda Sweeney, Acting Regional Commissioner PBS, Region 9
File details come from the government source that posted it. Updated .