The Department of State, through its Bureau of Overseas Building Operations, awarded an indefinite delivery, indefinite quantity (IDIQ) contract for international real estate appraisal and advisory services. The contract has a $4 billion ceiling value and a period of performance that includes a base year plus four option years. The prime contractor, Dunkin Real Estate Advisors LLC, is a veteran-owned small business that specializes in providing real estate valuation, appraisal, and advisory services, particularly for U.S. government-owned or leased international properties such as embassies, consulates, and staff housing.
Under this IDIQ contract, Dunkin Real Estate Advisors LLC has received over 50 delivery orders since 2019, valued at millions of dollars, to perform a variety of real estate services including appraisals, rent studies, feasibility analyses, and other advisory support for the Department of State's global real estate portfolio. These delivery orders, which do not carry set-aside designations, are issued on a firm fixed-price basis and span locations worldwide, from countries like Israel and Thailand to Belize and Colombia. The contracted services support the Department of State's mission to plan, design, and manage diplomatic facilities abroad.
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