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Coralville Office Space 3-Year Lease Extension PoP: 6/9/2025-6/8/2028

Awarded
VA263-12-L-0028Federal

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The Department of Veterans Affairs, Network Contract Office 23, has executed a non-competitive lease extension with Mostafavi Plaza VA LLC for 7,658 rentable square feet of office space located at 1303 5th St, Coralville, IA 52241. This facility supports the Iowa City Contracting Office and does not include parking spaces. The lease extension is for a three-year term commencing June 9, 2025, and ending June 8, 2028, consisting of a two-year firm period and a one-year non-firm period. The government retains 90-day termination rights for convenience. The agreement carries an annual average rent of $302,793.99, with an estimated total contract value between $605,587.98 and $908,381.97 depending on the exercise of the non-firm year. This sole-source award was justified under 38 U.S.C. § 8103(h)(1) and the Simplified Lease Acquisition Threshold (SLAT), citing mission-critical requirements to accommodate employees returning to the office per Executive Order and the cost-effectiveness of the extension over relocation. The procurement was managed by Contracting Officer Scott Jennings.

General Info

Contract Value

$908,381.98

NAICS

531120 - Lessors of Nonresidential Buildings (except Miniwarehouses)

Place of Performance

Coralville, IA, USA

Set-Aside

NONE

Award Issued Date

Documents

1

DIA13883-001 Coralville IA VHA Service Center Below SLAT Justification

PDF, Low priorityjustification-and-authorization
Low

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Timeline

PhaseAwarded
Posted

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Organization & Contact Information

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AgencyDepartment Of Veterans Affairs → Network Contract Office 23 (36C263)
Contacts2 people available
OfficeSaint Paul, MN, 55101, USA
Office AddressSaint Paul, MN, 55101, USA
Contacts
Scott J Jennings

Full Description

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This serves as notice that the United States Government has executed a 3-Year (2-year firm and 1-year non-firm) lease extension with 90-day termination rights for 7658 rentable square feet of office space for the Department of Veterans Affairs, Iowa City Contracting Office, 1303 5th St, Coralville,  IA 52241. The leased premises does not include parking spaces. The lease extension has been awarded to Mostafavi Plaza VA LLC in  Iowa City, Iowa. The lease extension term commences 6/9/2025 through 6/8/2028 at the annual average rent of $302,793.99. Justification for Other than Full and Open Competition attached.

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