---REDACTED JOTFOC under SLAT - 3NY1071 - Memo to File.pdf

Lease Amendment 11 Under SLAT

United States

Project Number: 3NY1071

September 28, 2023

Lease number occupied by the , presently located at will expire on December 6, 2023. It has been determined that the Government requires a lease extension amendment of their existing office space, 39,295 RSF/26,203 ABOA for five (5) weeks firm from December 7, 2023, to January 14, 2024, as noted in the Acquisition Plan located in the GREX lease file.

The estimated SLAT calculation for Project Number: 3NY1071 = X = / (12 months) = / (4 Weeks) = X (5 weeks) = for 5 weeks, which is under SLAT

The decision to pursue a lease extension is supported by GSAR 570.405.

The agency occupying the leased space is scheduled to move into other Federally controlled space, but encounters unexpected delays in preparing the new space for occupancy

The government encounters unexpected delays outside of its control in acquiring replacement space

The government is consolidating various agencies and the contracting officer needs to extend the terms of some leases to establish a common expiration date

The agency occupying the space has encountered delays in planning for a potential relocation to other federally controlled space due to documented organizational, financial, or other uncertainties

This extension for a lease below the simplified lease acquisition threshold is necessary as:

Cost based rationale

Lease extensions represent short-term contracting actions which are necessary to protect the occupancy rights of the government when the government cannot vacate the premises by the expiration of the existing contract term.

Extensions avoid the costs associated with holdover tenancies. Additionally, the government cannot reasonably expect to recover the costs associated with relocation of the tenant agency through full and open competition of a separate short-term lease to cover the term of this extension.

Mission based rationale

The agency’s mission requires a unique location and cannot be satisfied through any alternative locations. The agency’s mission and justification for a unique location is summarized below:

, officially the , is a principal agency of the U.S.

and its director is appointed by the President of the United States.

The information provided by the

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On November 17, 2022, the GSA awarded lease number LNY23964 for 15 years, 13-year firm, to new office space. This long-term lease is a significant space reduction, was negotiated 57% below market according to our LCRM metric data, includes 2 parking spaces rolled into shell rent; and contains 16 months of free rent.

post award planning and office construction are slowed down due to supply chain delays. Since the

, from December 7, 2023, to January 14, 2024, while their new office space at is completed. This is Justification for Other Than Full and Open Competition.

Therefore, due to these factors, the need for a formal Justification for Other than Full and Open Competition, is not required to exercise this five (5) week lease extension located at .

Approved:

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