International Real Estate Appraisal and Advisory Services

Award Date 9/26/2018
Last Date To Order 9/28/2023
Shared Ceiling $4B
Contract Type
Master IDIQ
Predecessor
Not listed
Successors

The International Real Estate Appraisal and Advisory Services Indefinite Delivery/Indefinite Quantity (IDIQ) contract, awarded by the U.S. Department of State's Bureau of Overseas Building Operations, provides comprehensive real estate services for international properties owned, leased, or managed by the U.S. government. The contract enables the Department of State to procure specialized real estate advisory services for its global diplomatic facilities portfolio, including embassies, consulates, staff housing, and other international properties. Services encompass a wide range of real estate activities such as property appraisals, market analyses, valuation studies, feasibility assessments, site searches, transaction assistance, and advisory support for international real estate assets.

The contract has been predominantly executed through firm fixed-price delivery orders ranging from approximately $3,000 to $126,500, with performance periods typically spanning 2-6 months. Four primary prime contractors consistently receive task orders: CBRE Inc., Jones Lang Lasalle Americas, Knight Frank LLP, and Dunkin Real Estate Advisors LLC. While Dunkin Real Estate Advisors is a veteran-owned small business, the other three firms are large commercial real estate services providers. The delivery orders consistently cover international locations, with recent task orders performed in countries including Botswana, Colombia, South Korea, Portugal, Taiwan, Indonesia, Germany, and Saudi Arabia. Notably, no small business set-aside designations have been applied to these task orders, suggesting open competition among qualified vendors. The contract supports the Bureau of Overseas Building Operations' mission of managing a global real estate portfolio that enables effective diplomatic operations worldwide.

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