This Indefinite Delivery Contract was awarded by the U.S. Department of State's Bureau of Overseas Building Operations to CBRE Inc., a global commercial real estate services firm. The contract provides a vehicle for the Department of State to obtain real estate appraisal, advisory, and consulting services to support its overseas facilities portfolio, which includes embassies, consulates, and other diplomatic properties worldwide.
Under the contract's task orders, CBRE provides a range of real estate services such as property valuations, market analyses, facility assessments, and right-of-way evaluations. These services enable the Department of State to effectively manage its global real estate assets and support U.S. diplomatic operations abroad. The contract has a $4,000,000 ceiling value and a base period plus four option years. It does not utilize any set-aside designations, allowing CBRE to compete as a large business entity. The work is performed in countries across Europe, Asia, Africa, and the Americas based on the Department's overseas real estate needs.