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File #: 17-0129    Version: 1
Type: Report Status: Filed
File created: 1/26/2017 In control: Procurement Committee
On agenda: 2/2/2017 Final action: 2/2/2017
Title: Report on advertisement of Request for Proposal 17-RFP-21 Real Estate Appraisal Services for a one-year period with an option to extend for an additional one year, estimated cost $300,000.00, Account 101-30000-612430, Requisition 1456468

TRANSMITTAL LETTER FOR BOARD MEETING OF FEBRUARY 2, 2017

 

COMMITTEE ON PROCUREMENT

 

Mr. David St. Pierre, Executive Director

 

Title

Report on advertisement of Request for Proposal 17-RFP-21 Real Estate Appraisal Services for a one-year period with an option to extend for an additional one year, estimated cost $300,000.00, Account 101-30000-612430, Requisition 1456468

Body

 

Dear Sir:

 

Request for Proposal 17-RFP-21 documents have been prepared for Real Estate Appraisal Services at the request of the Law Department.

 

The purpose of this contract is to obtain appraisal services to assist the Law Department in valuing its incoming producing real estate as part of its 2017 Legislative Initiative Program to authorize a structure to realize value from District-owned real estate that is not immediately required for a corporate purpose in order to fully fund the District’s Other Post-Employment Benefit Trust (OPEB), thereby reducing District costs. The estimated number of parcels to be appraised is 90. The District is seeking two real estate appraisal firms to provide professional services to the Real Estate Division of the Law Department for this purpose

 

The estimated cost for this RFP is $300,000.00 for 2017.

 

A bid deposit is not required for this RFP.

 

Appendix A will be included with this request for proposal.  The Affirmative Action goals will be 20% minority Business Enterprises (MBE), 10% Women Business Entrepreneur (WBE) and 10% Small Business Enterprises (SBE).

 

The tentative schedule for this contract is as follows:

 

Advertise                     February 15, 2017

Proposals Received                     March 17, 2017

Award                     April 6, 2017

Completion                      May 5, 2017

 

Requested, Ronald M. Hill, General Counsel, RMH:SM:TN:vp

Recommended, Darlene A. LoCascio, Director of Procurement and Materials Management

Respectfully Submitted, Barbara J. McGowan, Chairman Committee on Procurement

Disposition of this agenda item will be documented in the official Regular Board Meeting Minutes of the Board of Commissioners for February 2, 2017