Agenda Item
c. RFP 22-533 Real Estate Advisory Services Renewal Approval - Dudley Thomas Spade SPE, LLC dba DTSpade (from November 18, 2023 through November 17, 2024 - Renewal Year 2 of 4 (Not to exceed $300,000)
Summary: Presented by: Mr. Byron Schueneman, Chief Financial Officer, Division of Finance
Request: It is requested that the Board of Education approve the renewal of RFP 22-533 to Dudley Thomas Spade SPE, LLC dba DTSpade to provide real estate advisory services for a period of one year effective from November 18, 2023 through November 17, 2024 for an amount not to exceed $300,000.
Why: This request to renew RFP 22-533 ensures the district is provided real estate advisory services on an as-needed basis for services that include but are not limited to real property appraisal, assessments, valuations, acquisitions, brokerage and disposals based on the best value of the property in the context of the current and projected market. This is renewal option two (2) of four (4).
Details: RFP 22-533 was competitively solicited through the Purchasing Department. It was posted to IonWave on June 10, 2021. The RFP was advertised in the Champion Newspaper on June 10, 2021 and June 17, 2021. Electronic notification was sent to 56 vendors from the DCSD vendor bid list. Electronic notification was sent to 1,089 vendors through the State of GA Procurement Registry. Electronic notification was sent to 166 vendors through IonWave. Four (4) vendors responded to the solicitation. The responses were reviewed and four (4) were deemed responsive to requirements of the solicitation by the Purchasing Department.
Financial impact: The contract amount of $300,000.00 will be paid from the general fund GL Code: 100.2500.530000.7200.9990.8010.00.0000 and Capital Outlay fund GL Code: 300.4000.530000.7520.9990.8013.050.0000
The rate for non-brokerage services will be $125.00 per hour. Fees for brokerage services will be billed separately and are paid for from the proceeds of the transaction.
Contact: Mr. Byron Schueneman, Chief Financial Officer, Division of Finance, 678.676.0278
Status: Approved by General Counsel