Northeastern Illinois University
Request for Proposal: Real Estate Broker Services- Bryn Mawr
CBRE, Inc.Chicago, IL
- Amount: An estimated $625,600
- Terms: An estimated start date of 7/1/2022 through 6/30/2027
- Renewals: 3 one-year
-
Potential Future Renewals:
$375,360
- Ware Realty Group (subcontractor)
BEP [30% / $187,680]
Unsuccessful respondents (1)
- Jameson Real Estate BrokerageChicago, IL
$0
Summary
Respondents
2 total
1 successful respondent
1 unsuccessful respondent
0 BEP vendors
0 VBP vendors
0 Small businesses
Buyer for this procurement: Victoria Santiago, (773) 442-5301
Chief procurement officer for this procurement: John Donato
State purchasing officer for this procurement: Eleanor Curcuro
The University award process may be delayed up to thirty days as this award goes through a state approval process.
This notice is to issue Addendum #1 and to change the proposals due date to Friday, April 1, 2022 at 2:00 p.m. local time.
First published Friday, March 4, 2022
Sealed proposals will be accepted below until 2:00 PM, Friday April 1, 2022:
At the following address:
Purchasing Department
Building C, 4th Floor, Room C-435
5500 North St. Louis Avenue
Chicago, IL 60625-4699
via Electronic Bidding
Re-soliciting Real Estate Broker Services for the Bryn Mawr locations only.
NEIU will accept proposals via hard copy at the address listed above OR via the e-bidding portal in the Illinois Procurement Bulletin.
The Board of Trustees for Northeastern Illinois University (NEIU) requests proposals from licensed real estate firms specializing in commercial real estate for real estate brokerage, marketing and leasing services, and real estate development for property owned by NEIU located in Chicago, Illinois. The Real Estate Broker will assist the University in pursuing ground leases with developers for the Bryn Mawr properties. In addition, the vendor is required to serve as the University's owners representative to ensure the real estate development cycle is complete, including quality control, and the successful closing of the development engagement. As a State of Illinois agency, the University will follow all applicable State regulations.
A pre-proposal conference will be held via Zoom on Wednesday, March 16, 2022 at 10:00 a.m. CT.
For instructions on how to obtain a comprehensive purchase description, disclosure or contract forms, contact:
Victoria Santiago
5500 N. St. Louis Avenue
Chiago, IL 60625
Phone: (773) 442-5301
FAX: (773) 442-5314
Chief Procurement Officer - John Donato
State Purchasing Officer - Eleanor Curcuro
Submit 1 copies of the response as defined in the specifications.
The University reserves the right to accept or reject any and all responses or parts thereof.
Vendor may expect payment thirty to sixty days after receipt of invoice, unless otherwise stated in the bid documents.
This procurement may be contingent on Board of Trustees approval.
Illinois Department of Human Rights (IDHR) eligibility number is required on all proposals, if applicable.
There is a 30 percent BEP goal for this procurement. See solicitation documentation for details.
The contract(s) for this solicitation could exceed $50,000 annually.
This transaction is subject to the State Board of Elections registration and certification requirements of Public Act 095-0971.
The State of Illinois has a policy to encourage prospective vendors to hire
qualified veterans, minorities, females, persons with disabilities and ex-offenders.
