Redacted justification
Updated
A PDF document (39 KB) attached to Notice Of Intent To Lease Space Using Other Than Full And Open Competition, from the Public Buildings Service.
File name: REDACTED justification.pdf
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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 O ice 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 o ice. 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:
Dominic Innaurato, GSA LCO
DATE
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