City of Los Banos #RFP – Market Rental Rate Study

Market Rental Rate Study for City-Owned Facilities – Los Banos, CA

This opportunity involves the City of Los Banos, California, seeking and awarding a contract for a Market Rental Rate Study of city-owned facilities available for public and private rental. - Government Buyer: - City of Los Banos, California (local government) - Vendors Mentioned: - Valbridge Property Advisors (Northern California) - BAE Urban Economics, Inc. - Products/Services Requested: - Market Rental Rate Study (professional service) - Establish rental rates and valuation metrics for city-owned facilities - Include per-square-foot valuation for green space areas - Unique or Notable Requirements: - Strict submission guidelines for proposals - Proposals must acknowledge all addenda - Any requested changes to the City's standard professional services agreement must be included in the proposal - Award will be made to the firm most beneficial to the City after evaluation and negotiation - No specific part numbers or purchase quantities are listed, as this is a professional service procurement.

Description

The City of Los Banos is soliciting proposals for a Market Rental Rate Study of city-owned facilities available for public and private rental. The study aims to establish rental rates and valuation metrics, including for green space areas, on a per-square-foot basis. Proposals must be submitted by April 1, 2026, at 4:00 p.m., following strict submission guidelines. The city reserves the right to reject all proposals and will award the contract to the firm most beneficial to the City.

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