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Commercial Real Estate Advisory and Financial Analysis

Active
State & Local

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

Documents

This scope was carved out of BD-27-1208-1208C-1208L-134002.

The full solicitation package (7 documents), including the RFP, is on the prime solicitation, not on this scope.

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Commercial Real Estate Advisory and Brokerage Services

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AgencyMassachusetts → 1208CONVD - Default Data Conversion Department
ContactsNo contacts available
OfficeN/A
Office AddressN/A
ContactsNo contact information available

Full Description

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Provides strategic consulting and market research for prime contractors on Massachusetts Convention Center Authority projects. Performs Highest and Best Use (HBU) analyses, comprehensive market studies, and portfolio assessments. Analyzes federal, state, and local laws impacting MA real estate transactions. Requires minimum 10 years of commercial real estate advisory experience and knowledge of MA public authority procurement laws. Delivers HBU reports and financial analysis presentations.

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The Massachusetts Convention Center Authority is soliciting proposals for commercial real estate advisory and brokerage services under solicitation number BD-27-1208-1208C-1208L-134002. The contract, which runs from February 1, 2027, through October 31, 2029, has an initial value not to exceed 1,000,000 dollars, with the possibility of two one-year extensions that would increase the value by 350,000 dollars per extension. Services will be implemented through individual task orders and are divided into advisory and brokerage functions, with payments made monthly on a 60-day term. The Authority will select a firm based on the most advantageous proposal, evaluating experience, qualifications, and the reasonableness of proposed hourly and commission rates. Qualified offerors must have at least 10 years of experience in the field, maintain a physical office in Massachusetts open five days a week, and ensure at least two team members are licensed brokers in the Commonwealth. Insurance requirements include 1,000,000 dollars for automobile, umbrella, and professional liability, and 2,000,000 dollars in aggregate for general liability. Additionally, consultants must adhere to a supplier diversity plan requiring at least 3 percent of total payments to be made to certified diverse firms. All proposals must be submitted electronically via COMMBUYS by November 30, 2026.
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