Real Estate Brokerage Services
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
AI Contract Overview
The Town of Fairhaven is soliciting sealed proposals for Real Estate Brokerage Services to manage the marketing and sale of residential, commercial, and industrial properties. The primary objective is to address a backlog of over 80 properties potentially subject to foreclosure under court actions and the Chapter 140 of the Acts of 2024 Tax Title Reform. The selected vendor will act as the seller's agent, providing technical assistance, pricing guidance, MLS listing and advertising, and coordinating negotiations between buyers and town officials through the final closing transaction. The contract term is for up to three years, subject to annual appropriation, with the Town maintaining the sole option for renewal. Qualified proposers must hold an active Massachusetts real estate broker's license and demonstrate at least five years of experience in similar assignments. Highly advantageous proposals will document ten or more years of experience in Southeastern Massachusetts and a track record of at least 25 completed sales of foreclosed or distressed properties within the last five years. Per M.G.L. c. 60, § 64A(c)(1), assigned brokers cannot be employees or elected/appointed officials of the Town of Fairhaven. Proposals must be submitted in two separate volumes—a non-price technical proposal and a price proposal based on commission percentages—by November 12, 2026. Award decisions will be based on the most advantageous proposal considering both price and comparative evaluation criteria in accordance with M.G.L. Chapter 30B. Contractors are required to maintain comprehensive insurance, including General Liability of $1 million per occurrence/$2 million aggregate, Auto Liability of $1 million, and Professional Malpractice/Errors and Omissions coverage of $1 million per claim/$3 million aggregate. Compliance with M.G.L. c. 152 for Workers' Compensation is mandatory, and prevailing wage rates apply if any work involves public works construction. Submissions must include a Certificate of Non-Collusion and Tax Compliance, satisfactory references, and a detailed staffing plan.
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Place of Performance
MA, USASet-Aside
Timeline
Response Deadline
Organization & Contact Information
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