MLK CIA property management services- rebid

The Martin Luther King Corridor Improvement Authority (MLK CIA), established by the City of Jackson, Michigan, is requesting proposals for professional property management services covering properties within the South Martin Luther King Jr. Drive and Prospect Street commercial corridors, with proposals due November 2, 2026 at 1:00 PM EST.

The scope encompasses management of an initial inventory of four properties (one leased) and up to nine additional properties anticipated to be acquired by the beginning of 2027, totaling approximately 67,000 square feet of building space and 3.72 acres of land across thirteen parcels in zip codes 49201 and 49203. Services include administration, procurement, rent collection, vendor oversight, site visits, building and grounds maintenance, debris cleanup, stabilization, and repair across a portfolio of tenant-occupied commercial buildings, residential multifamily buildings, vacant structures, and vacant land parcels.

The contract term is one year with possibility for renewal. Services must commence no later than December 2026. The MLK CIA reserves the right to conduct interviews with leading applicants.

Proposers must submit a business profile, relevant experience information, identification of key personnel, a standard rate sheet, and a completed proposal form with monthly and annual not-to-exceed fee amounts. All submitted costs are firm for 30 days from submission. Professional liability insurance with minimum limits of $1 million per claim (or $500,000 for projects under $100,000), commercial general liability and automobile liability insurance with minimum limits of $500,000 per occurrence, and Workers' Compensation and Employer's Liability Insurance are required. The contractor must establish and maintain separate bank accounts for rent collections and security deposits, obtain bids for maintenance or repair work exceeding $2,500, and carry fidelity bonding equal to three months of gross potential income plus employee crime and dishonesty insurance. Compensation is provided by monthly fee from an operating account, with payment terms to be negotiated with the selected vendor. The MLK CIA will not reimburse proposal preparation or oral presentation costs. All submitted proposals are subject to Freedom of Information Act inquiries under City of Jackson ordinances.