City of Sacramento PlanetBids #Q26014541002

City of Sacramento Solicits On-Call Real Estate Brokerage Services for City and Non-City Properties

The City of Sacramento Department of Public Works is seeking qualified professional consultants to provide On-Call Real Estate Brokerage Services for both City-owned and non-City-owned properties. - Government Buyer: - City of Sacramento, Department of Public Works, Contract Services Office - Scope of Services: - Consultation, research, marketing, sales, acquisitions, valuations, and leasing - Covers a range of property types: commercial office space, retail space, vacant land, surplus/excess land, and office buildings - Includes property valuation, market analysis, marketing, negotiation of lease and sale terms, escrow assistance, acquisition assistance, and expert testimony - Contract Details: - Five-year term, not to exceed $250,000 total - Commissions per project estimated between $1,000 and $150,000 - No minimum guarantee of work; services are requested on a project-by-project basis - Multiple consultants will be selected and assignments rotated - Transactions over $250,000 require City Council approval before commissions are earned - Notable Requirements: - Electronic submission of qualifications - Maximum proposal length of 30 pages - Compliance with Local Business Enterprise (LBE) program; 5% LBE preference - Prospective Vendors Mentioned: - Bender Rosenthal Incorporated - CBRE, Inc - CREtelligent - Energy Delivery Partners - Floral Park Consulting LLC - Mpire Luxe Real Estate LLC - Relevant Codes: - NIGP 94616 (Appraisal Services) - NIGP 97145 (Office Space Rental or Lease)

Description

The City of Sacramento Department of Public Works is soliciting proposals to provide Real Estate Brokerage Services including consultation, research, marketing, sales, acquisitions, valuations, and leasing of City owned and non-City owned properties. Consultant commissions are estimated to range from $1,000 to $150,000 per project, with services requested on a project-by-project basis. The City intends to rotate consultants and may request multiple proposals for the same project based on expertise and availability. Contracts have no minimum guarantee of work, and any lease or sale transactions exceeding $250,000 require City Council approval before commissions are earned.

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