Real estate advisory and brokerage services for the fasta HVA portfolio.
Ended Definitive Contract Awarded Last action
- Contract number
- 47PB0021C0004
- Awardee
-
Savills Inc. UEI TFMNE9JJV5H3
- Awarding agency
-
Region 1
Public Buildings Service, General Services Administration
- Obligated
- $308,929
Award facts
- Opportunity
-
- Real Estate Advisory & Brokerage Services for the FASTA High Value Asset Portfolio Pre-Solicitation · 47PB0020R0052 · Posted Jul 17, 2020
- Real Estate Advisory & Brokerage Services for the FASTA High Value Asset Portfolio Award Notice · Posted Jan 15, 2021
- Real Estate Advisory & Brokerage Services for the FASTA High Value Asset Portfolio Solicitation · Posted Oct 19, 2020
- Real Estate Advisory & Brokerage Services for the FASTA High Value Asset Portfolio Pre-Solicitation · Posted Oct 13, 2020
- Contract value 100% obligated
- $308,929.08 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 531210 Offices of Real Estate Agents and Brokers
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 8 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20004, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Terminate for Convenience | $308,929 | |
| Original award | $0 |
About this award
The General Services Administration's Public Buildings Service Region 1 awarded a $308,929.08 firm-fixed price contract to Savills Inc. to provide real estate advisory and brokerage services for the Federal Assets Sale and Transfer Act High Value Asset Portfolio. The contract term runs from January 18, 2021 through April 30, 2021 with an optional six-month extension. Savills will assist in the sale of twelve high-value federal properties totaling over 4.5 million square feet located across seven states. The solicitation sought proposals from offerors with over ten years of experience representing clients in commercial real estate transactions exceeding $100 million to provide transaction strategy, marketing, and execution support services. Evaluation criteria included key personnel qualifications, past experience selling similar property portfolios, and commission pricing structure. The primary North American Industry Classification System code is 531210 for office of real estate agents and brokers.
Quick answers
Who was awarded contract 47PB0021C0004?
47PB0021C0004 was awarded to Savills Inc. by Region 1 (Public Buildings Service) on January 18, 2021.
How much is contract 47PB0021C0004 worth?
The government has obligated $308,929 on 47PB0021C0004.
Was contract 47PB0021C0004 competed?
The extent of competition for 47PB0021C0004 was full and open competition. The government received 8 offers.
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