Sale of Real Estate - OSUIT - 115-117 W. 6th Street, Okmulgee

Oklahoma State University Institute of Technology (OSUIT) is seeking to sell real estate located at 115-117 W. 6th Street in Okmulgee, Oklahoma, known as the Bell Building. This procurement is a Request for Quote (RFQ) for the sale of property situated in the city's historic downtown area. The solicitation opened on November 1, 2022, at 3:00 PM CDT and will close on December 2, 2022, at 3:00 PM CST. Potential bidders must submit sealed bids through the OSU electronic procurement system, with a mandatory property viewing scheduled for Friday, November 11, 2022, at 1:30 pm. The evaluation criteria focus on the highest dollar value, with a reserve bid set at $136,000, though OSUIT will consider reasonable responses if the reserve is not met. Bidders are required to read and certify agreement to attached terms and conditions and must complete a Non-collusion Certificate. The procurement is categorized under commodity code 95000000 for Land and Buildings and Structures and Thoroughfares.

The solicitation does not explicitly mention specific set-aside designations or restrictions on responding organizations. No incumbent vendors or current contractors are identified in the available documentation. The property is being sold as-is, with bidders expected to conduct their own due diligence. The reserve bid of $136,000 serves as the baseline for potential transaction values, though the university remains open to negotiating alternative offers. The procurement covers the entire property located at 115-117 W. 6th Street, which is situated on the northwest corner of South Morton and West Sixth Street. All related documents are available in the "Buyer Attachments" section of the online solicitation, and interested parties are encouraged to review these materials thoroughly before submitting their bids.