Government Contract | Alabama
Real Estate Brokerage and Lease Administration Services

Bid Information

Bid Alert No: 00000527800

Bid Title: Real Estate Brokerage and Lease Administration Services

Agency Bid No. Title: REAL1600001

Received Date: 03/31/2016

Close Date: 04/22/2016

Purchase Type: Not Stated

Delivery Point:

Delivery Date: Not Stated


Specifications include, but are not limited to:The Department of Finance (DOF) is a state government agency. Recently, the StateLegislature passed Act 2015-435 which requires the consolidation of State real estatefunctions within DOF. The State expects to increase efficiency and reduce real estatecosts through consolidation, strategic negotiations and other industry best practices.The DOF now endeavors to procure the services of a real estate brokerage firm or firmsto assist in all leasing activities. The State currently administers approximately 9 millionsquare feet of leased property. The existing leasing database is available on-line at The DOF makes no representationas to the accuracy of the information posted on the website.It is expected that the firm(s) will undertake the following scope of services:#Development and implementation of strategic real estate planning forleased properties;#Compilation and analysis of existing leases including usage and cost ofState-leased properties;#Lease procurement, including market analyses, lease negotiations andthe implementation of strategies designed to streamline the leasingprocess. In this capacity, the firm will act as the States tenant broker,to competitively solicit, negotiate and develop lease agreements.Additionally, the selected firm will, from time to time, provide tenantrepresentation services during the term of a lease.#Lease administration, including resolving issues of non-performance;#Auditing of lease cost reimbursements and assistance with disputes;# Development and implementation of space planning policies and strategies designed to optimize occupancy standards for State-leased properties

Product Code: 95883

Agency Information

Issuing Agency: State of Alabama Department of Finance

State: Alabama

Agency Type: State and Local

Contact: Department of Finance, Division of Purchasing, P.O. Box 302620, Montgomery, Alabama, 36130



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