US Government Awards Sole Source Lease in Reno, NV   3

Background
The General Services Administration (GSA) is seeking approval for a sole source lease in Reno, NV, to continue occupying office space at 980 Sandhill Rd. The current lease, which encompasses 19,522 ABOA/20,518 rentable square feet and includes 64 reserved parking spaces, is set to expire on March 1, 2026.

The GSA aims to negotiate a succeeding lease with the incumbent Lessor without full and open competition due to the unique requirements of the agency and the lack of available federal space.

Work Details
The agency requires a total of 20,518 rentable square feet of office and related space for a term of 15 years with a firm commitment for 10 years and an option for a single 2-year renewal.

The estimated cost for this lease is based on a rental rate per rentable square foot per year. The delineated area for this lease includes specific boundaries:
- North: S McCarran Blvd to Pembroke Dr
- East: Veterans Pkwy
- South: S Meadows Pkwy
- West: Interstate 580.

The justification cites that there is no vacant federal space available that meets the agency's needs. Additionally, moving to another location would incur significant relocation costs and replication expenses due to existing tenant improvements that would need to be duplicated.

Period of Performance
The contract will commence on March 2, 2026, following the expiration of the current lease on March 1, 2026.

Place of Performance
980 Sandhill Rd, Reno, NV

Bidder Requirements
The justification states that only one responsible source can satisfy the agency's requirements under statutory authority 41 U.S.C. 3304(a)(1). It emphasizes that award to any other offeror would result in substantial duplication of costs that are not expected to be recovered through competition. There are no specific bidder qualifications or certifications mentioned beyond this statutory authority.