Opportunity
District of Columbia Cobblestone Systems #CFOPD-23-A-043B
District of Columbia real estate development advisory services agreement
Posted
October 25, 2023
Identifier
CFOPD-23-A-043B
NAICS
531390, 531320, 541990
The District of Columbia awarded a task-order agreement for real estate development advisory and related analysis services. - Government buyer: Government of the District of Columbia, Office of the Chief Financial Officer (OCFO), Office of Contracts, for the Office of Economic Development Finance; services support the Office of Finance & Treasury. - Awarded vendor: CohnReznick, LLP (also written as Cohn Reznick LLP in the documents). No product manufacturers or OEMs are identified. - Services requested: - Real estate development advisory services. - Construction cost and schedule analysis. - Real estate valuation and market studies. - Ordering and pricing: Services are ordered as needed through task orders and priced using fixed hourly rates. No service quantities, product part numbers, or purchase quantities are specified. Individual task orders are generally limited to $100,000 without written authorization; the agreement also states an aggregate task-order cap of $900,000 per annual performance period unless otherwise authorized in writing. - Value and term: The current exercised option year has an anticipated not-to-exceed amount of $100,000, and the cumulative anticipated amount is $400,000. The agreement includes a base period and permits up to four one-year option periods; three options have been exercised. Funding is secured when task orders are issued.
Description
The District of Columbia Office of the Chief Financial Officer awarded a blanket purchase agreement to Cohn Reznick, LLP for real estate development advisory services. Services may include real estate development advisory services, construction cost and schedule analysis, and real estate valuation and market studies, as required. The agreement began November 1, 2023, and allows up to four one-year option periods; three options have been exercised. The current term is November 1, 2026 through October 31, 2027, with a stated anticipated not-to-exceed amount of $100,000 for that period.