REDACTED justification.pdf
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- Solicitation number
- 4VA0770
About this file
This is a Memo to File documenting a Single Lease At a Time (SLAT) level justification for the use of Other Than Full and Open Competition in a federal real estate lease renewal.
The General Services Administration (GSA) is exercising a 5-year renewal option for the Social Security Administration's (SSA) office lease in Lynchburg, Virginia. The current lease (Number LVA12178) expires on 07/17/2027, and SSA occupies 11,878 Assignable Building Occupancy Area (ABOA) square feet, or 12,324 rentable square feet (RSF), of office and related space. No new tenant improvements are required; SSA will accept the space in its current condition. The 5-year renewal cost is estimated at $1,422,912.50, comprising shell rent of $184,860.00 ($15.00/RSF) and operating rent of $99,722.50 ($8.09/RSF), for a total renewal rate of $23.09/RSF. The GSA advertised the opportunity in SAM.GOV on 08/03/2026 with responses due by 08/17/2026; no responses were received. Based on market data from COSTAR and Rexus, the renewal rate has been determined to be fair and reasonable. The Lease Contracting Officer (LCO), Dominic Innaurato, has approved exercising the renewal option as in the best interests of the Government.
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Text version
MEMO TO FILE
SLAT LEVEL JUSTIFICATION
PROJECT #4VA0770
SSA LYNCHBURG RENEWAL
This Memo to File shall serve as the LCO documentation for the use of Other Than Full and Open Competition. SSA currently occupies 11,878 ABOA SF (12,324 RSF) of OƯice and Related space under Lease Number LVA12178, which is set to expire on 07/17/2027. SSA requested GSA exercise the 5-year Renewal Option included within the current lease in order to allow proper time for SSA to fully develop new long-term requirements for this specific oƯice. No new Tenant Improvements are required by SSA, they would like to accept the space as-is.
The estimated cost of the 5-Year renewal is as follows:
Shell Rent: $184,860.00 ($15.00/RSF)
Operating Rent: $99,722.50 ($8.09/RSF Rounded)
TOTAL Rent: $284,582.50 ($23.09/RSF Rounded)
Total Aggregate: $1,422,912.50
An advertisement was placed in SAM.GOV on 08/03/2026 with responses due by 08/17/2026. No responses were received as a result of the posted advertisement.
Accordingly, the LCO has determined it is in the best interests of the Government to exercise the renewal option.
The Renewal rate of $23.09/RSF is fully serviced and considered to be fair and reasonable based on comparable Market Data provided by COSTAR and Rexus.
Approved By:
SIGNATURE ON FILE_____________________________
Dominic Innaurato, GSA LCO DATE
File details come from the government source that posted it. Updated .