District of Columbia Cobblestone Systems #CFOPD-23-A-043C

District of Columbia award for real estate development advisory services

The District of Columbia awarded Cube Root Corporation a blanket purchase agreement for real estate development advisory support. - Government buyer: Government of the District of Columbia, Office of the Chief Financial Officer, Office of Contracts, on behalf of the Office of Economic Development Finance. - Vendor: Cube Root Corporation is the named contractor. No product manufacturers or OEMs are identified. - Services: Real estate development advisory services, including construction cost and schedule analysis. Work is requested through task orders; no service quantities are specified. - Contract and pricing: Contract CFOPD-23-A-043C uses fixed hourly rates. Individual task orders are capped at $100,000, and aggregate task orders are capped at $900,000 per annual period unless the Contracting Officer authorizes otherwise. The anticipated amount is $100,000 per option period and $400,000 cumulatively through the third exercised option period. Funding is secured when task orders are issued. - Term: The agreement has a base period and allows up to four one-year option periods; three options have been exercised.

Description

The contract is for real estate development advisory services for the District, including Construction Cost and Schedule Analysis. The contractor is to provide the services in accordance with the BPA scope of work and technical approach, using fixed hourly rates. The BPA allows up to four one-year option periods; three have been exercised. The current term is November 1, 2026 through October 31, 2027, with an anticipated not-to-exceed amount of $100,000 for that period.

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