IFB B600429 ¿ Disposal of D1158 Former Stone Mountain Park and Ride Lot
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
AI Contract Overview
MARTA is soliciting bids for the disposal of Parcel D1158, the former Stone Mountain Park and Ride Lot, located northeast of 4th Street and Manor Drive in Stone Mountain, DeKalb County, Georgia, with a base bid amount of $408,000. The solicitation, identified as IFB B600429 and numbered PE-97100-NONST-2027-000000195, is an Invitation for Bids with a response deadline of August 26, 2026, and is being conducted through a trade-off evaluation process, allowing MARTA to select the bid that best serves its interest—not necessarily the lowest—based on responsiveness, financial and technical qualifications, and compliance with legal and regulatory requirements. The property is being sold “as-is, where-is” with no warranties, and the successful bidder must assume full responsibility for all conditions, defects, and risks associated with the parcel, including conducting a 45-day inspection period prior to closing, which must occur no later than 90 days after the effective date of the sales contract. FOB destination terms apply, and the transfer of title requires the execution of a warranty deed and full payment at closing. Bidders must submit a complete package of mandatory forms, including the Bid Form, affidavits related to non-foreign status, Georgia tax residency, and compliance with state immigration laws, as well as certifications of no conflict of interest and a list of proposed subcontractors. Insurance requirements are stringent: the buyer must maintain coverage naming MARTA as both Certificate Holder and Additional Insured under form CG 20 26 07 04, with carriers requiring an A.M. Best rating of A- or higher and authorization to operate in Georgia. All coverage must extend through Georgia’s statute of repose, and surety bonds for bid, performance, and payment must be issued by firms listed on the U.S. Treasury Circular 570. Subcontractor compliance is the prime bidder’s sole responsibility. Alternative materials or trade names are permitted only if the bidder demonstrates equivalent quality, reliability, safety, and suitability, with MARTA retaining final approval authority. No UEI, CAGE, or socioeconomic certifications are required, and while electronic submission is mandatory through MARTA’s portal, no specific file formats are mandated. The contract does not include packaging, delivery, or invoicing specifications beyond the real estate transfer process
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