Arlington County Government Sealed Solicitation
Title: 22-DES-RFP-417 Broker Services
Deadline: 1/24/2023 3:00 PM (UTC-05:00) Eastern Time (US & Canada)
Status: Awarded
Solicitation Number: 22-DES-RFP-417
Description: REAL ESTATE BROKER SERVICES FOR ARLINGTON COUNTY
Pre-Bid Meeting Date: 1/5/2023 10:00 AM
Documents:
| Documents as of 12/14/2022 |
|---|
| 22-DES-RFP-417 Broker Services.pdf |
Addition 1
Posted: 1/5/2023
Type of Addition: Attendance Sheet & Minutes
Documents:
Addition 2
Posted: 1/25/2023
Type of Addition: In Review
Question 1
Posted: 1/12/2023
Question: In RFP Section 7.C.1 the Qualifications and Experience of Firm and Assigned Staff requirement lists a number of activities, including item j. “Capital markets transactions involving leases.” Please clarify the type of transaction intended for item j: does this mean transactions involving ground leases? Transactions involving lease to ownership conversion?
Response: We meant primarily lease to ownership conversions. We do not concurrently anticipate engaging in this kind of transaction but would like to have expertise available.
Question 2
Posted: 1/13/2023
Question: Can the County share with us how many assignments were assigned over the last 5 years (previous contract), what size of transaction or consulting assignment, and to whom they were awarded?
Response: 7 assignments, five awarded to CBRE and two to Savills. Four of the assignments were for consulting services, for $157,500, $46,100, $45,000, and $28,000. The other three were for leases where the County was the tenant involving premises containing 11,000 square feet, 16,000 square feet, and 10,000 – 15,000 square feet.
Question 3
Posted: 1/13/2023
Question: Is the County contemplating any consulting type assignment in the next contract? Or will the work only pertain to leasing and sales?
Response: Although we aren’t contemplating any particular consulting assignments at this time, we usually have a few during each five-year contract term.
Question 4
Posted: 1/13/2023
Question: Please confirm that, at this point, you are not looking for us to provide market pricing and that pricing will be provided at the task order level.
Response: Confirmed. Pricing will be evaluated both at a later point in the master RFP process with shortlisted offerors and at the task order level.
Question 5
Posted: 1/13/2023
Question: What is the expected volume of transactions or assignments over term of the contract?
Response: We usually have one or two assignments per year.
Posted: 1/25/2023
Type of Addition: In Review
Posted: 1/12/2023
Question: In RFP Section 7.C.1 the Qualifications and Experience of Firm and Assigned Staff requirement lists a number of activities, including item j. “Capital markets transactions involving leases.” Please clarify the type of transaction intended for item j: does this mean transactions involving ground leases? Transactions involving lease to ownership conversion?
Response: We meant primarily lease to ownership conversions. We do not concurrently anticipate engaging in this kind of transaction but would like to have expertise available.
Posted: 1/13/2023
Question: Can the County share with us how many assignments were assigned over the last 5 years (previous contract), what size of transaction or consulting assignment, and to whom they were awarded?
Response: 7 assignments, five awarded to CBRE and two to Savills. Four of the assignments were for consulting services, for $157,500, $46,100, $45,000, and $28,000. The other three were for leases where the County was the tenant involving premises containing 11,000 square feet, 16,000 square feet, and 10,000 – 15,000 square feet.
Posted: 1/13/2023
Question: Is the County contemplating any consulting type assignment in the next contract? Or will the work only pertain to leasing and sales?
Response: Although we aren’t contemplating any particular consulting assignments at this time, we usually have a few during each five-year contract term.
Posted: 1/13/2023
Question: Please confirm that, at this point, you are not looking for us to provide market pricing and that pricing will be provided at the task order level.
Response: Confirmed. Pricing will be evaluated both at a later point in the master RFP process with shortlisted offerors and at the task order level.
Posted: 1/13/2023
Question: What is the expected volume of transactions or assignments over term of the contract?
Response: We usually have one or two assignments per year.