Attachment D - Commission Schedule v2.pdf

PDF 140 KB Posted

Attached to
DMS-2223-007, Real Estate Services ITN
Solicitation number
ITN-04819
Issued by
Leon County, Florida

About this file

This document is a pricing schedule titled "Attachment D - Commission Schedule" related to a solicitation from the Florida Department of Management Services (DMS) for Real Estate Services. The solicitation, DMS-2223-007, is seeking contract(s) to assist and represent DMS and other eligible users in private sector leasing transactions. The pricing schedule outlines commission rates and rebate splits for different lease value tiers, ranging from 35% commission on leases up to $600,000 to 55% commission on leases over $7,500,001. The rebate split varies from 50/50 on lower lease values to 70/30 on the highest lease values. The document also includes details on commission rates for lease renewals, modifications, and smaller leases under 5,000 square feet.

The pricing terms indicate that the Department will retain 65% to 100% of the rebate, depending on the lease value and type. There is no commission or rebate available for lease renewals. The solicitation is open to all vendors, with no mention of incumbent providers or set-asides. Funding for the leases will come from the agencies leasing the properties, rather than a central state budget.

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Text version

Type of Agreement or Product Space or Property Type Commission Rate Lease Value Rebate

Rebate Split (DMS Credit Hours /

Agency Dollars Toward Lease)

$0 - $600,000 35% 50/50 $600,001 - $3,000,000 40% 55/45

$3,000,001 - $5,500,000 45% 60/40

$5,500,001 - $7,500,000 50% 65/35

> = $7,500,001 55% 70/30 Private-to-Private or New Program Area in Private

Space Any 30% 50/50

Lease Renewal All No Commission Available Any No Rebate

Available N/A

Lease Modification (including Expansion, Reduction, or Term

Extension) All 2% Any 30% 100/0

0 - 5,000 Square Feet:

2% 30% 50/50

> 5,000 Square Feet (See New Lease Section, Above)

See New Lease

Section, Above

See New Lease Section, Above

All Leases for Warehouse, Hangar or Storage Space All Any

Attachment D - Commission Schedule Real Estate Services

ITN No. DMS 22/23-007

New Lease

Public to Private

Negotiated Market Rate

Example Agency starts a new lease of $6 million.

The Commission percentage for that lease value is 5% resulting in a Commission of $300,000.

With a 50% rebate, the Commission results in a Rebate of $150,000.

The $150,000 Rebate is split 65/35 with $97,500 due to the Department and $52,500 due to the Agency.

Att D - Commission Schedule
Example

File details come from the government source that posted it. Updated .