SAM #5TN0294

5-Year Sole Source Lease Renewal for GSA Office Space in Nashville, TN

This opportunity concerns the renewal of a government office space lease in Nashville, TN. - The U.S. General Services Administration (GSA) Public Buildings Service (PBS) Office of Leasing is seeking a 5-year firm renewal for office space at 2868 Elm Hill Pike, Nashville, TN. - The lease covers 26,833 ABOA (usable) square feet and 30,858 rentable square feet, with 51 structured and 37 surface parking spaces. - The renewal is justified as a sole source (non-competitive) action due to specialized tenant improvements and mission-critical facility upgrades already in place. - Market research indicated limited alternative properties and higher costs elsewhere, supporting the decision to renew with the incumbent lessor, MRK FED LLC. - The lease includes amortized costs for tenant improvements such as carpet and paint refresh and other facility upgrades. - The estimated total contract value includes these improvements, though the exact dollar amount is not specified in the summary. - The period of performance is a 5-year firm term from July 1, 2026, through June 30, 2031.

Description

See attached justification for other than full and open competition.

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