Commercial Real Estate Advisory and Brokerage Services
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
AI Contract Overview
The Massachusetts Convention Center Authority is seeking qualified firms to provide commercial real estate advisory and brokerage services to manage its property portfolio. The solicitation, identified as BD-27-1208-1208C-1208L-134002, requires responses by November 30, 2026. The selected consultant will be engaged for a three-year base period starting February 1, 2027, with the possibility of three one-year extensions. The scope of work is divided into advisory and brokerage functions, with specific tasks managed via individual task orders. Eligible offerors must have at least ten years of experience in commercial real estate services, maintain a physical office in Massachusetts open five days a week, and ensure at least two team members are licensed brokers in the Commonwealth. Proposals are evaluated based on the firm's financial stability, personnel experience, and the reasonableness of proposed hourly and commission rates. A mandatory supplier diversity plan is required, with a minimum participation goal of 3% for certified businesses. The contract is governed by Massachusetts law, with disputes resolved in the Superior Court of Suffolk County. Consultants must maintain comprehensive insurance coverage, including professional liability and general liability of at least 1 million dollars. Required submissions via the COMMBUYS portal must include a signed proposal form, a management plan limited to five pages, and certifications regarding tax compliance and debarment status.
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