ASRS18-215212-ASRS18-215212CBREContract.pdf

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Master Agreement AZ|ASRS18-215212
Contract number
ASRS18-215212
Issued by
Arizona

About this file

This document is a Property Management, Leasing, and Project Management Services Contract between the Arizona State Retirement System (ASRS), a state agency and public retirement system, and CBRE, Inc., a Delaware corporation. The contract was awarded through Solicitation No. ASRS18-00008109 and signed on September 21, 2018, with an effective date of October 1, 2018.

The contract covers property management and leasing services for the 3300 Tower located at 3300 N. Central Avenue in Phoenix, Arizona, a 363,655 square foot office tower complex. CBRE will provide comprehensive services including property operations, maintenance, leasing, tenant relations, financial reporting, and strategic management. The compensation structure includes a property management fee of 1.4% of monthly gross revenues or $5,500 per month, whichever is greater. Leasing fees are structured with commissions for new leases and renewals, ranging from 2% to 7.5% of total base rental depending on lease term and broker involvement. The initial contract term is one year, with the potential for renewal for up to nine additional one-year periods, subject to ASRS approval.

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ATTACHMENT A: Offer and Acceptance

ARIZONA STATE

RETIREMENT SYSTEM

3300 N Central Ave

14th Floor Phoenix, AZ 85012

Property Management, Leasing, and Project Management Services Solicitation # ASRS18-00008109 PART 2 of 3 - Attachments (Response Forms)

Page of

TO THE STATE OF ARIZONA, ARIZONA STATE RETIREMENT SYSTEM (ASRS):

The Undersigned hereby offers and agrees to provide property management, leasing, and project management services in compliance with the Uniform and Special Instructions to Offerors, Uniform and Special Terms and Conditions, Attachments (Response Forms), Scope of Work, Solicitation or Contract Amendments, and Offeror’s Best and Final Offer as accepted by the ASRS, as part of the Solicitation.

CBRE

Company Name Signature of Person Authorized to Sign Offer 2575 E. Camelback Rd., Suite 500 Catharine R. Teeter, Managing Director

Address Printed Name and Title Phoenix AZ 85016 Corey Hawley, First Vice President

City State Zip Contact Name and Title www.cbre.us 602-735-1742

Website Contact Phone corey.hawley@cbre.com

Contact Email Address

CERTIFICATION

By signature in the Offer section above, the Offeror certifies:

1. The Offeror shall not discriminate against any employee or applicant for employment in violation of Federal Executive

Order 11246, State Executive Order 2009-9 or A.R.S. §§ 41−1461 through 1465.

2. The Offeror has not given, offered to give, nor intends to give at any time hereafter any economic opportunity, future employment, gift, loan, gratuity, special discount, trip, favor, or service to a public servant in connection with the submitted Offer. Failure to provide a valid signature affirming the stipulations required by this clause shall result in rejection of the Offer. Signing the Offer with a false statement shall void the Offer, any resulting contract and may be subject to legal remedies provided by law.

3. The Offeror is not debarred by, or otherwise prohibited from participating in any publically-funded contract awarded by any Federal, State or local jurisdiction.

4. The Offeror is lawfully authorized to conduct business in Arizona or has no impediments to conduct business in Arizona.

5. The Offeror does not participate in, and agrees not to participate in during the term of the Contract, a boycott of the state of Israel in accordance with A.R.S. §35-393 and §35-393.01.

ACCEPTANCE OF OFFER (FOR ARIZONA STATE RETIREMENT SYSTEM)

The Offer is hereby accepted.

The Contractor is now bound to provide] the services outlined in the Contract and based upon the Solicitation, including the Uniform and Special Instructions to Offerors, Uniform and Special Terms and Conditions, Attachments (Response Forms), Scope of Work, Solicitation or Contract Amendments, and Contractor’s Best and Final Offer as accepted by the

ASRS.

This Contract shall henceforth be referred to as Contract No. ______________________________________________

The effective date of the Contract is ____________________________________________________

The Contractor is cautioned not to commence any billable work or to provide any service under this Contract until Contractor receives purchase order, contract release document or written notice to proceed.

Awarded this _____ day of _________________ 20 _______

ASRS Signature Title

ASRS18-215212

October 1, 2018

21st September 18

Chief Procurement Officer/Chief of Administrative Services

IN WITNESS WHEREOF, Owner and Manager have caused this Agreement to be executed as of the date first written above.

OWNER: Arizona State Retirement System

By:

Martha N. Rozen, Chief of Administrative Services

MANAGER: CBRE, Inc., a Delaware corporation

By:a� Andi St John, Managing Director

80429/9725795 2 9

/Chief Procurement Officer

Award Letter
Offer & Acceptance
Service Agreement

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