DRC Commercial Lease 102 East Main Street, Newark

The Ohio Real Estate RE08049-4 Indefinite Delivery Vehicle (IDV) is a state-level contract designed to provide comprehensive real estate services across Ohio. This master contract enables state agencies and authorized entities to procure specialized real estate services under a pre-negotiated agreement, with a focus on leveraging the expertise of a qualified real estate professional. The contract's scope encompasses a wide range of real estate-related activities, as indicated by the UNSPSC code 80130000 for real estate services, which may include property assessment, leasing, acquisition, disposition, and related consulting services.

The IDV is awarded to the Robert L Romine Trust and is administered by the Ohio Department of Administrative Services (DAS). The contract has a defined performance period from July 1, 2025, to June 30, 2027, providing a two-year window for agencies to utilize the established pricing and terms. As a state-specific contract, this IDV is exclusively applicable within Ohio and offers a streamlined procurement mechanism for government entities seeking real estate service support. The contract type is specifically categorized as Real Estate, ensuring a targeted and specialized approach to real estate-related procurement needs.