Brokerage Services for leases

The Texas Workforce Commission (TWC) is soliciting bids for real estate brokerage services to aid in locating TWC office leases throughout the state of Texas. The selected broker will be required to provide experienced and appropriate licensed professionals to generate lease options and assist TWC throughout the lease search and negotiation process. The initial contract period will begin on 09/01/2024, or the date of award, and end on 8/31/2025, with the option to renew annually for up to four additional one-year periods. Bids are due by April 24, 2024 at 10:00 AM CST, and TWC will only consider complete responses submitted by the due date. The contract will be awarded based on the lowest bid or any other combination that serves the state's best interest. TWC requires compliance with the Texas HUB program, and the HUB participation goal for this solicitation is 26%. TWC will not reimburse the broker for any travel or marketing expenses, and the total commission owed to the broker will be based only on the rental rate pursuant to the executed lease agreement.

This state and local contract opportunity is limited to the state of Texas, with the primary jurisdictions being Travis County and the city of Austin. The solicitation does not provide details on any incumbent vendors or current contractors, nor does it disclose the total contract value or budget range. The procurement is focused on real estate brokerage services, and eligible respondents must be licensed Texas real estate brokers in good standing. TWC has the right to terminate the contract without cause with 30 days' notice.