Real Estate Broker Services - Addendum 1: Responses to Questions

The Sewerage and Water Board of New Orleans (SWBNO) is seeking qualified real estate broker services through a Request for Proposal (RFP #2025-SWB-06) for a five-year contract. The procurement targets firms or individuals with active Louisiana real estate broker licenses to provide comprehensive real estate transaction services, including market research, property sales/purchases/leases, zoning assistance, and consulting for commercial, industrial, residential, and undeveloped properties. Key qualification requirements include a minimum of 10 years of commercial real estate experience, 5 years of commercial leasing experience, and 7 years of combined public/private sector experience. The evaluation will be conducted by a five-member Selection Committee using a 100-point technical scoring system, with points distributed as follows: Demonstrated Knowledge and Relevant Experience (40 points), Staffing and Qualifications (30 points), and Methodology/Approach (30 points). Proposal submissions are due on February 21, 2025, at 11:00 AM CST, with prior questions having been due by February 10, 2025, and responses posted by February 14, 2025.

The RFP encourages participation from Disadvantaged Business Enterprise (DBE) vendors and requires compliance with the city's Living Wage Ordinance, which mandates a minimum wage of $15.56 per hour. Vendors must maintain Errors & Omissions insurance coverage of $500,000 per occurrence and $1 million aggregate. While no specific budget range or award value was explicitly stated in the documents, the comprehensive scope of services suggests a significant potential contract value. The solicitation covers jurisdictions including Orleans Parish and New Orleans City, indicating a localized but potentially complex real estate service requirement. Notarized affidavits from prior solicitations remain acceptable if the notary's commission is for life, and the RFP allows for separate cost proposal submissions, which will only be opened for the awarded respondent. The contract will be initiated following Board approval and issuance of a Notice to Proceed.