X -- Commercial Real Estate LEASOffice Lease Advisory Services

OFFICE LEASE ADVISORY SERVICES. DESCRIPTION: The Internal Revenue Service (IRS) is seeking three (3) or more nationwide commercial real estate services firms to assist in a no-cost market research project. The IRS will provide each firm selected to participate in this project with information pertaining to no more than two (2) office leasehold interests occupied by IRS throughout the United States. The selected firms would then have fifteen (15) working days to perform a market analysis of the leasehold interests and advise IRS as to whether or not the rent being paid is an accurate reflection of the real estate market for the area in which the office is located. SERVICES TO BE PERFORMED: Firms will be required to determine the following market information for each of the two (2) leasehold locations: (a) Asking rental rate per rentable square foot and per ANSI BOMA Office area square foot for Class A and Class B building classification types in the selected markets, including a determination of low and high rental ranges; (b) Target rental rate for the selected leased locations in accord with current market conditions; (c) Recent lease comparables for the selected markets; (d) Typical market concessions and tenant work letters for the selected markets; (e) Estimated per rentable square foot costs for operating expenses and real estate taxes for the selected leased locations; and (f) Vacancy rates for the selected markets and/or submarkets. QUALIFICATION CRITERIA: Interested firms shall have: (a) Nationwide presence in the form of geographically dispersed office locations throughout the United States and/or a network of established affiliates with office locations throughout the United States; (b) Minimum of five (5) years commercial real estate experience; and (c) Provided commercial real estate market analysis services for at least three(3) national clients in the past five (5) years. EVALUATION CRITERIA: Expressions of interest will be evaluated to determine which proposals are most advantageous to the IRS. Respondents will be evaluated on the basis of past performance and experience for same or similar efforts and technical approach for accomplishing this project. Past performance and experience is more important than technical approach. Expressions of interest shall include sufficient information necessary to address the three(3)factors included in the - Qualifications Criteria paragraph. The Government will select three (3) or more nationwide commercial real estate services firms and enter into Memorandums of Agreement (MOA) with each. REMUNERATION: Selected firms will enter into a Memorandum of Understanding (MOA)with the IRS without expectation of compensation or remuneration of any kind. Selected firms shall furnish, as needed, qualified personnel, equipment, facilities, and all other associated expenses necessary to complete the tasks required under this project. IRS shall use information collected during this project at its sole discretion. Selected firms will not be compensated by IRS or the Government in the event that the information is utilized for future transactions at selected leasehold interests. PERIOD OF PERFORMANCE: The period of performance under this project will be from date of selection through the fifteen (15) working day market analysis period. Selection of the three (3) or more firms to participate in this project is expected by September 30, 2004. CONFLICT OF INTEREST AND NONDISCLOSURE: Respondents and selected firms shall make a full disclosure to the IRS of any potential conflicts of interest. Once the research project has begun, selected firms shall not enter into agreements for the provision of real estate services with the owner(s) of any properties under review. All information collected during the project is to be treated as confidential and is only to be shared between selected firms and the IRS. Selected firms will not be precluded from participating in any subsequent competitive IRS procurements which may result from this effort. FORMAT FOR COLLECTED MARKET DATA: Selected firms may determine an appropriate format for the market analysis for the selected properties, ensuring that all six (6) categories of information included in the - Services To Be Performed paragraph are addressed. SUBMISSION INSTRUCTIONS: Please provide your qualifications information to: Donna Andersen, Internal Revenue Service, Office of Procurement Operations OS:A:P:O:B, 6009 Oxon Hill Rd, 5th flr, Oxon Hill, MD 20745. Tel No. (202) 283-1341. CLOSING DATE: 4:00 p.m., September 7, 2004. Please include your firm's point of contact, telephone number and e-mail address. TELEPHONE RESPONSES WILL NOT BE CONSIDERED.