Addendum #1
22 KB Posted
- Attached to
- Commercial and Residential Real Estate Services
- Solicitation number
- 23-10
- Issued by
- Butts County, Georgia
About this file
This is Addendum #1 to RFP 23-10 issued by the Butts County Board of Commissioners in Georgia for Commercial and Residential Real Estate Services. The addendum, posted on May 3, 2023, provides clarifications to vendor questions regarding the disposition of county-owned properties. The county anticipates listing 13 residential properties for sale on the open market in "as-is" condition. Of these properties, 12 are vacant land lots and one contains a structure; all are titled under the Butts County Board of Commissioners. The RFP closing date is May 18, 2023, and there is no set date for when properties will be listed following contractor selection or timeline established for project completion.
The selected broker is responsible for all professional service costs including appraisals, title searches, and surveys. Brokers may utilize their own appraisal and mortgage companies. Commission compensation is calculated based solely on the final sale price of each property, with settlement to occur under the name of Butts County. Three references are required from bidding firms. All status updates, including monthly reports, may be conducted virtually. The county will not waive Worker's Compensation and Employer's Liability Insurance requirements regardless of contractor size. Award notification timing has not been determined at the time of this addendum.
Text of this file
RFP: 23-10 Commercial and Residential Real Estate Services Posting Date: 4/19/2023 Addendum # 1 Posting Date: 5/03/2023.
Closing Date: 5/18/2023
The information contained in this document shall become an official part of the original document and shall be acknowledged as noted on the Checklist for Bid Documents in the space provided. Failure to acknowledge receipt of an addendum may result in a status of non-responsiveness. Firms are encouraged to review the contents of this document and to respond accordingly.
Addendum #1: The purpose of this document is to provide answers to vendor questions. Please see Questions and Answers included herein.
1. How many properties are land (lot) versus structure?
At this time 12 are land lots and one contains a structure
2. Can you provide a breakdown of commercial verses residential?
All residential at this time.
3. What percentage of properties are occupied versus vacant?
All vacant
4. If the condition of the property is not fit for sell will the commission, consider upgrading?
No
5. For closing purposes, what name will be used at settlement?
Butts County
6. Are all properties titled under Butts County Board of Commissioners? If not, what other name(s)?
Yes
7. What types of properties are going to be built?
Unknown
8. Is the percentage on the price sheet based on the home sale or commercial sale of the property?
Based solely on the sale
9. Are we just arranging the appraisal or paying for it?
Broker should include in their costs.
10. Can we use our own appraisal company?
Yes
11. For whom are we doing the appraisal?
Butts County
12. Can we use our own mortgage company?
Yes
13. Why do they need a title search if we are working with the owner?
If applicable for buying purposes.
14. Who is the owner?
Butts County Board of Commissioners
15. To what extent are we required to perform the title search?
Complete to ensure legal
16. Do we need 3 references?
Yes
17. Are we bidding on vacant property that is being positioned for sale on the open market?
Yes
18. Can you provide a map of the area where the properties are going to be located in Butt County?
No
19. What is the timeline from start to end of this project?
Unknown
20. Once the Contractor is chosen, how long before properties are listed?
No set date
21. How many listings are anticipated?
13 in the beginning.
22. Proportion of residential vs commercial listings All residential at this time
23. How many properties does Butts County have in their pipeline for disposition?
13 at the start of the process.
24. Will these properties be listed and sold in its “as-is” condition?
Yes
25. Will the County be responsible for paying professional service fees associated with selling its properties (appraisals, surveys, environmental reports, title search, etc.)?
No
26. Can the monthly status updates be conducted virtually?
Yes
27. Will the County waive the Worker’s Compensation & Employer’s Liability Insurance if the candidate has less than three (3) employees?
NO
28. How soon will the awarding candidate be notified after the application deadline?
Unknown at this time
29. How many properties/parcels does the county anticipate they need to sell?
13 at the start of the process
30. Can you break down how many are zoned commercial properties and how many are residential properties?
The 13 are all residential
Other files
| File | Type | Posted |
|---|---|---|
| Award Information | — | |
| Commercial and Real Estate Ser | — | |
| Award Information | — |
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