two months lease extension redacted JOTFOC 5NJ0306

The contract pertains to a six-month lease extension for office space at 614 Frelinghuysen Avenue in Newark, New Jersey, under solicitation number 5NJ0306, with the period of performance running from June 1, 2026, to November 30, 2026. This extension is being executed under a Justification for Other Than Full and Open Competition (JOTFOC), as the action falls below the Simplified Lease Acquisition Threshold of $350,000 net annual value, allowing it to proceed without full competition. The rental rate is being maintained at current levels, validated through market research showing comparable rates in Newark between $30.50 and $49.00 per rentable square foot, with a market average of $35.93 per RSF, which supports the determination of price reasonableness. The lease extension is intended to ensure uninterrupted government occupancy during the transition to a consolidated office location, avoiding legal exposure from premature termination and enabling orderly relocation planning. The contracting office is the PBS R2 Office of Leasing within the General Services Administration, located in New York, NY, with Alexander Litvak listed as the primary point of contact. No formal contract clause language from FAR Part 52 is specified, nor are there identified line items, total contract value, or detailed specifications for delivery or inspection. The acquisition is non-competitive and appears to follow lowest price technically acceptable principles based on cost reasonableness, with no requirement for security clearances, key personnel, organizational conflict of interest mitigation, or formal inspection criteria beyond market rate validation. The place of performance is clearly established in Newark, NJ, and no FOB terms or packaging requirements are applicable as this is a lease of space, not a goods delivery. Invoicing procedures, payment office details, and contract administration personnel are not fully specified in the documentation.