OIC Commercial Lease 161 South High Street, Akron

The Ohio Real Estate IDV (RE08596-2) is a state-level contract designed to facilitate real estate services procurement for governmental entities. This indefinite delivery vehicle enables authorized users to access specialized real estate services through a pre-negotiated agreement, focusing specifically on real estate-related professional services and transactions. The contract's scope is defined under the UNSPSC code 80130000 for real estate services, providing a structured mechanism for efficient and standardized real estate procurement.

The contract is awarded to the City of Akron and administered by the Ohio Department of Administrative Services (DAS), with a performance period from July 1, 2025, to June 30, 2027. As a real estate contract type, this IDV covers the state of Ohio, offering governmental agencies a streamlined method for acquiring real estate services through a pre-vetted contractor. While specific contract value details are not provided, the IDV represents a strategic approach to managing real estate service acquisitions with a defined two-year performance timeline.