Opportunity
District of Columbia Cobblestone Systems #CFOPD-23-A-043F
District of Columbia Real Estate Development Advisory Services Agreement
Posted
October 25, 2023
Identifier
CFOPD-23-A-043F
NAICS
531390, 523999
The District of Columbia is continuing an advisory-services agreement to support real estate development and related financial analysis. - Government buyer: Government of the District of Columbia, Office of the Chief Financial Officer, including the Office of Contracts and Office of Economic Development Finance. - Vendor: Jones Lang LaSalle Americas, Inc. (JLL) is the named advisory-services contractor; no product manufacturer or OEM is identified. - Services: Real estate development advisory services, construction cost and schedule analysis, and alternative finance and ownership structuring analysis. - Value and ordering: The current option period has an anticipated not-to-exceed amount of $100,000, and the cumulative anticipated not-to-exceed amount is $400,000. The agreement uses task orders; the underlying agreement states a $100,000 task-order limit and a $900,000 aggregate limit per annual period unless authorized otherwise. - Notable requirements: Pricing is based on fixed hourly rates. No specific service quantities, product part numbers, or product purchases are specified.
Description
The District of Columbia Office of the Chief Financial Officer’s Office of Contracts issued a blanket purchase agreement to Jones Lang LaSalle Americas, Inc. for real estate development advisory services. The work includes real estate development advisory services, construction cost and schedule analysis, and alternative finance and ownership structuring analysis, as required by task orders. The agreement provides for a base period and up to four one-year option periods; three options have been exercised. Modification 3 exercises the third option for November 1, 2026 through October 31, 2027, with an anticipated not-to-exceed amount of $100,000 for that period and a cumulative anticipated amount of $400,000.