4-Exhibit B Scope of Work.docx

Exhibit B Scope of Work

Professional Real Estate Brokerage Services for the purchase of real property by University Medical Center of El Paso (UMC).

The nature of these contracts will be for non-exclusive on-call services for a period of one (1) year, with the possibility of renewal options based on performance, effective from the date of contract date. Within the one-year period, unlimited task orders may be issued under each contract for land in accordance with all applicable laws. There is no maximum total contract amount. UMC reserves the right to assign Task Orders to the Broker based on UMC needs. If work on a Task Order is issued prior to the expiration of the contract, the work order will remain in effect until completion of the work order.

UMC may Brokers with whom to enter on-call contracts for the performance of task orders, the form of which shall be substantially similar to the agreement attached hereto as Exhibit A. UMC may, at its discretion, decide to use Agreements from selected brokerage firms or individuals.

UMC has sole discretion regarding the evaluation of any Submittal in response to this RFQ and reserves the right to cancel this RFQ, or to reject any and all proposals received prior to the contract award.

Each Respondent shall carefully examine all RFQ documents and thoroughly familiarize themselves with all requirements prior to submitting a Statement of Qualifications (SOQ) to ensure that the Statement of Qualifications meets the intent of this RFP.

Before submitting a Statement of Qualifications, each Respondent shall be responsible for making all investigations and examinations that are necessary to ascertain conditions and affecting the requirements of this RFQ. Failure to make such investigations and examinations shall not relieve the Respondent from obligation to comply, in every detail, will all provisions and requirements of the RFQ.

It is UMC’s intent to commence final negotiations with the most qualified Respondent(s) deemed most advantageous to UMC. UMC reserves the right to conduct post-Submission discussions with any Respondent(s).

BROKER’S ASSOCIATE: If Broker will not be performing the obligations under this Agreement and the Broker Agreement and will instead us an associated licensed real estate sales agent, Broker shall identify, by name, one licensed on the Brokerage Agreement who is under the direct supervision and control of the Broker and licensed by the Texas Real Estate Commission, who Broker elects to act on Broker’s behalf to perform the obligations under the Brokerage Agreement, including without limitation to show the Task Order Property to interested prospective sellers, communicate with, carry out instructions of and provide opinions and advice to UMC El Paso during negotiations with potential sellers.

Cooperation with other Brokers: Broker will use its best efforts to qualify any sellers represented by other brokers prior to scheduling a showing, and Broker shall accompany any cooperating brokers to all showing unless agreed in advance by writing from UMC.

The broker acknowledges and agrees that UMC will not pay a price greater than a fair market value as established by a third part appraiser.

SCOPE OF WORK

Broker agrees to provide and perform the following real estate marketing consulting services with regard to the Property:

1. Consulting, if desired by UMC, on the inclusions and exclusions of the offering of the Property, prior to valuation of the property to establish fair market value of the Property, which shall be the maximum price acceptable to UMC pursuant to Texas law.

2. Consultation on the requirements and proof of financial qualifications of potential sellers.

3. Preparation of a “Due Diligence Package” and/or Offer Package” to be made available to prospective sellers of the Property and designed to inform UMC of any conditions placed on the Property.

4. Assessment of the development potential of the Property with due consideration to marketing, zoning and constraints.

5. Analyzation of the commercial real estate markets from regional, municipal and neighborhood perspectives.

6. Draft preparation and/or consultation on the form of Purchase and Sale Agreement to be executed between UMC and the successful seller. Broker shall provide advice and input on the form of the Purchase and Sale Agreement, but the final form of Purchase and Sale Agreement shall be approved by UMC and its counsel.

7. Showing of the Property to UMC.

8. Advice and counsel on the selection of property if competing offers.

9. If desired by UMC, advise and consult on compensation of qualified seller’s broker.

10. Typical real estate and transactional services associated with closing and funding a real estate transaction.