Sound Transit Biddingo #RP 0199-21

Sound Transit seeks on-call real estate development consulting for transit-oriented development (TOD) projects.

Sound Transit, the regional transit authority for King, Pierce, and Snohomish counties in Washington, is seeking proposals for on-call real estate development consulting services to support transit-oriented development (TOD) projects. - Government Buyer: - Sound Transit, Office of Land Use Planning and Development (OLUPD) - Key contact: Briana Kass, Sr. Contracts Specialist - Services Requested: - On-call consulting for real estate analysis, market consulting, financial modeling, feasibility studies, development strategy, offering strategy, and support for development partner selection - Support for equitable TOD strategies at sites in Redmond, Renton, SeaTac, Seattle, and Bellevue - Tasks include land use planning, design review, construction support, and reporting - Notable Requirements: - Experience with affordable and market-rate housing, joint development, and local/regional affordable housing policies - Commitment to Small Business participation (20% goal), with 0% DBE goal - Coordination with other contracts (e.g., architectural and engineering services) - No specific OEMs or product vendors are named; this is a consulting services opportunity - Contract Structure: - Three-year base contract with an option for one additional year extension - Managed through individual task orders - Evaluation Criteria: - Key personnel expertise, firm capacity, price, experience, and commitment to DBEs and equal employment opportunity

Description

Sound Transit is seeking proposals from firms to provide on-call real estate development consulting services for transit-oriented development projects. The scope includes real estate analysis, market consulting, and financial modeling to support equitable transit-oriented development strategies. The contract term is three years with an option for one additional year. The work involves coordination with other contracts and includes phases such as land use planning, development strategy, partnering, design review, construction, and reporting. The solicitation was awarded and the bid deadline was April 13, 2022.

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