Commercial Real Estate Broker & Advisory Services

Closed State & local contract opportunity Posted

Solicitation number
985883-261
State
Maryland
Responses due

Opportunity facts

Jurisdiction

Opportunity details come from wicomicoschools.bonfirehub.com. Updated .

About this opportunity

Wicomico County Public Schools (WCPS) in Maryland has issued a Request for Pre-Qualification (RFPQ) for commercial real estate broker and advisory services to support its Educational Facilities Master Plan and Capital Improvement Program. WCPS seeks to pre-qualify three to five licensed and experienced commercial real estate brokers to provide site identification and screening, market analysis, property valuation research, due diligence coordination, property acquisition and lease agreement assistance, and presentations to the School Building Commission and Board. Qualified brokers must be licensed in Maryland with demonstrated experience managing transactions between $500,000 and $5,000,000 or land assemblages of 35 acres or greater for public-sector or K-12 school clients. Submissions must include a minimum of five representative projects completed within the past five to seven years, three client references emphasizing school systems or public agencies, relevant personnel resumes with licensure documentation, and professional liability and general liability insurance information. Responses must be submitted in PDF format to the Euna/Bonfire portal by June 12, 2026, at 2:00 p.m. EST, with questions due by June 8, 2026, at 4:00 p.m. EST. Pre-qualified brokers will serve an initial twelve-month period beginning June 30, 2026, with options to renew for up to two additional twelve-month periods. The selection process consists of an initial RFPQ evaluation followed by individual Request for Proposal submissions as specific projects arise, with compensation determined on a per-project basis using fee-for-service, commission-based, or hybrid arrangements.

No set-aside designations or disadvantaged enterprise restrictions are specified in the procurement documentation. Brokers must disclose any litigation, conflicts of interest, dual agency situations, or developer relationships within the past five years, and WCPS reserves the right to select one or more pre-qualified brokers for specific project proposals based on ongoing performance evaluation. No incumbent vendors, current contractors, or specific technological infrastructure requirements are identified in the procurement. No bid bonds, performance bonds, or surety requirements are specified. The specific award value or budget range for individual projects is not disclosed in the RFPQ, as compensation will be negotiated on a project-by-project basis depending on the scope and nature of each real estate transaction or land banking opportunity that WCPS pursues during the contract period.

Opportunity text

Wicomico County Public Schools (WCPS) is requesting qualifications from licensed and experienced commercial real estate brokers to provide confidential broker and advisory services. WCPS desires to pre-qualify brokers to perform services as needed to support a future land banking strategy or lease opportunities.

Files

File Type Posted
1-RFPQ 95883-261 Real Estate Services FINAL.pdf PDF

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