Independent Residential Market Surveys

The Independent Residential Market Surveys Master Indefinite Delivery/Indefinite Quantity (IDIQ) contract is a firm fixed-price vehicle awarded by the U.S. Department of State's Bureau of Overseas Buildings Operations (OBO) for conducting comprehensive residential rental market assessments in international locations. The primary objective of these surveys is to provide objective evaluations of current rental housing market conditions, enabling the United States Government to determine reasonable rental rates, assess lease terms, and manage overseas housing costs effectively. The contract focuses on delivering detailed market analyses that support the government's real estate leasing decisions, with a specific emphasis on evaluating rental properties that meet governmental requirements for size, location, security, and safety.

Runzheimer International LLC has been a prominent contractor under this vehicle, securing multiple delivery orders with values ranging from approximately $477,000 to $1,043,218. The task orders have included independent residential surveys and specialized services such as fire inspections in international locations like Doha, Qatar and New Delhi, India. These task orders typically have durations extending up to four years, with completion dates aligned with the master IDIQ's last order date of September 29, 2023. The contract vehicle does not utilize any specific small business set-aside designations and appears to be open to qualified contractors within the NAICS code 541611 (Administrative Management and Consulting Services). The work is predominantly performed overseas, reflecting the Bureau of Overseas Buildings Operations' global real estate management requirements.