View Details
Bid Classification: |
Services
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Bid Type: | RFP - Request for Proposals | ||||||||
Bid Number: | RFP-2024-38 | ||||||||
Bid Name: | Real Estate Brokerage Services for Large Commercial Opportunities | ||||||||
Bid Status: | Awarded | ||||||||
Bid Awarded Date: | Mon Nov 4, 2024 (PST) | ||||||||
Bid Closing Date: | Tue Oct 29, 2024 2:00:00 PM (PDT) | ||||||||
Question Deadline: | Fri Oct 18, 2024 2:00:00 PM (PDT) | ||||||||
Duration in months: | 60 | ||||||||
Negotiation Type: | Refer to project document | ||||||||
Condition for Participation: | Refer to project document | ||||||||
Electronic Auctions: | Not Applicable | ||||||||
Language for Bid Submissions: | English unless specified in the bid document | ||||||||
Submission Type: | Online Submissions Only | ||||||||
Submission Address: | Online Submissions Only | ||||||||
Public Opening: | No | ||||||||
Description: |
Summary DetailsThe District of Summerland (the “District”) is seeking prospective Respondents to submit non-binding Proposals for the provision of real estate brokerage services for large commercial opportunities. The District makes a variety of real estate transactions annually and will be looking at making strategic acquisitions and dispositions over the next several years. The District would like to have a real estate company under contract to draw on during any purchases or sales when assistance from a licensed realtor is deemed beneficial. A contract with predetermined commission terms will allow the District to act in a timely manner when pursuing or disposing of properties. The Supplier will be required to perform the services of a real estate broker acting on behalf of the District on an as-needed basis. The services will generally be related to large commercial opportunities, typically for properties valued at greater than $1,000,000, or where the target audience extends beyond the local or regional market. These opportunities may include, but are not limited to, opportunities that are commercial, industrial, agricultural, or resource-based in nature, and may also include residential and/or mixed use development opportunities. An opportunity may consist of one lot or multiple lots. If an opportunity consists of multiple lots, the total expected value of all lots will be used to determine the value of the opportunity but the value of the resulting sale transaction(s) will used to determine the value of the commission. The District has an immediate need for a realtor for the sale of the Eco-Village lands. More information on the Eco-Village project can be found here: https://www.summerland.ca/ecovillage. Respondents are advised that the District is competing another opportunity in parallel, RFP-2024-39 – Real Estate Brokerage Services for Residential & Small Commercial Opportunities. Please refer to the District’s bids&tenders page for details: http://summerland.bidsandtenders.ca. Please refer to the RFP documents for more information.
Opportunity Documentsbids&tenders is the only authorized website to obtain competitive bid documents for District of Summerland opportunities. To obtain documents online please visit https://summerland.bidsandtenders.ca. You can preview the bid documents with a Preview watermark prior to registering for the opportunity. The District of Summerland shall not be held responsible for competitive bid documents that are located on any other website.
The RFP documents set out:
Submission of ProposalsTo be considered, Proposals must be submitted via bids&tenders online bid submissions functionality in accordance with the instructions in the Opportunity document. Proposals must be received no later than the Opportunity Closing Date & Time. It is solely the responsibility of the Respondent to ensure that the Proposal is received on time. There will be no public opening.
Requirements for Participation and Requirements to Request to ParticipateProposals not clearly demonstrating that they meet the following mandatory criteria will be excluded from further consideration in the evaluation process.
The Supplier shall, at their own expense, provide the District with proof of the following prior to beginning work on this project:
Term of EngagementThe successful Respondent should be prepared to commence work immediately after the Agreement is awarded. The Agreement shall be valid for an initial term of three (3) years, with the opportunity to renew for up to two (2) additional years, in the District’s sole discretion. Procurement MethodNegotiated Request for Proposals.
Procuring EntityDistrict of Summerland, 13211 Henry Ave, Summerland, BC Contact PersonDana Silk, Manager of Procurement & Contract Administration Via bids&tenders “Submit a Question” functionality only
This procurement is subject to the Canada-EU Comprehensive Economic Trade Agreement (Chapter Nineteen), the Canadian Free Trade Agreement (Chapter Five), and the New West Partnership Trade Agreement. |
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Bid Document Access: | Bid Opportunity notices and awards and a free preview of the bid documents is available on this site free of charge without registration. Please note, some documents may be secured and you will be required to register for the bid to download and view the documents. There is no cost to obtain an unsecured version of the document and /or to participate in this solicitation. | ||||||||
Trade Agreements: |
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Please refer to Tender Description or Tender Documents
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Awarded Summary
The award value is an estimated value and that the actual contract award value will depend on the scope of services and commissions payable.