INS Commercial Lease 50 West Town Street, Columbus

The Ohio Real Estate RE06564-6 Indefinite Delivery Vehicle (IDV) is a comprehensive contract designed to facilitate real estate services across the state. Specifically focused on procurement of real estate-related solutions, this contract enables state agencies and authorized entities to access professional real estate services efficiently. The vehicle is categorized under UNSPSC code 80130000 for real estate services, indicating a broad range of potential acquisitions and engagements related to property management, assessment, and development.

The IDV is awarded to Columbus Downtown Development and administered by the Ohio Department of Administrative Services (DAS). The contract is structured as a time-limited real estate services agreement, with a performance period from July 1, 2025, to June 30, 2027. This two-year contract provides statewide coverage across Ohio, offering a standardized mechanism for governmental entities to procure real estate services through a pre-vetted, competitively solicited contractor. While specific contract value details are not provided, the IDV represents a strategic approach to streamlining real estate service procurement for state organizations.