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Request for Proposals to Provide Commercial Real Estate Brokerage Services

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451-27-038State & Local

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The Texas Department of Banking, along with the Department of Savings and Mortgage Lending and the Office of Consumer Credit Commissioner, is soliciting proposals under RFP 451-27-038 for professional commercial real estate brokerage services. The selected contractor will be responsible for analyzing, negotiating, and closing the sale of a three-story building located at 2601 North Lamar Blvd in Austin, Texas, which consists of approximately 36,499 square feet and 102 parking spaces. Key deliverables include listing and marketing the property, providing valuation and due diligence support, and coordinating the execution of transaction documents and potential leaseback negotiations. The contract will be awarded based on best value, considering the respondent's competence, experience, qualifications, and proposed fee. The initial term of performance is one year, with the agencies reserving the right to renew for up to three additional one-year terms. Proposals must be submitted in hard copy format, consisting of one original and three copies, by the specified deadline. Compliance requirements are extensive, including adherence to the Americans with Disabilities Act, the Drug-Free Workplace Act, and various Texas Government Code provisions regarding abortion provider transactions and public servant dealings. Contractors must also utilize the E-Verify program and may be required to complete cybersecurity training if accessing agency systems.

General Info

RFP for professional real estate brokerage services to sell a building in Austin.

Agency

Texas Department of Banking

Place of Performance

TX, USA

Set-Aside

NONE

Documents

1

RFP 451-27-038: Commercial Real Estate Brokerage Services

PDF, High priority: read this firstrfp
High

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Timeline

PhaseSolicitation
Posted

Solicitation

Response Deadline

Submission deadline

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Organization & Contact Information

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AgencyTexas Department of Banking
Contacts1 person available
OfficeTX, USA
Organization / Agency
Texas Department of Banking
Office AddressTX, USA
Contacts

Full Description

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The Texas Department of Banking, the Department of Savings and Mortgage Lending, and the Office of Consumer Credit Commissioner (collectively, “the Agencies”) seek proposals from qualified, independent firms (“Respondents”) to provide commercial real estate brokerage services in accordance with the specifications contained in this Request for Proposal (“RFP”).

Similar Contracts

Same NAICS industry code

NAICS: 531210
SLED
Real Estate Brokerage Services
Solicitation # BD-27-1267-SEL02-SEL02-134534
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 subject to foreclosure through 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 MLS listing and advertising, pricing strategies, technical assistance in identifying buyers, and negotiation support in coordination with the Town Treasurer, Town Administrator, and Selectboard through the final closing transactions. This is a three-year agreement, subject to annual appropriation, governed by the laws of the Commonwealth of Massachusetts and Massachusetts General Laws Chapter 30B. Qualified proposers must hold an active Massachusetts real estate broker's license and certify that no assigned agents are employees or elected/appointed officers of the Town of Fairhaven. Evaluation is based on the most advantageous proposal, considering price and technical criteria such as regional experience in Southeastern Massachusetts, a track record of selling foreclosed or distressed properties, and knowledge of municipal tax foreclosure procedures. Proposals must be submitted in two separate sealed envelopes—one for the Non-Price Technical Proposal and one for the Price Proposal—by November 12, 2026, at 10:00 AM. Contractors are required to maintain significant insurance coverage, including General Liability of $1,000,000 per occurrence and $2,000,000 aggregate, Auto Liability of $1,000,000, and Professional Malpractice insurance of $1,000,000 per claim and $3,000,000 aggregate. Additionally, key employees must complete mandatory online ethics training via the State Ethics Commission. The contract is exempt from Massachusetts Sales Tax, and any assignment or subcontracting of services requires prior written consent from the Town.
Town of Fairhaven

POSTED

7 days ago

DEADLINE

in 14 days
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