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  5. ›AD Project # 202613700 MASS Teachers' Retirement System…

Massachusetts Division of Capital Asset Management and Maintenance·Massachusetts

AD Project # 202613700 MASS Teachers' Retirement System, Agawam, Chicopee, East Longmeadow etc.

Closes 10/29/2026$1.5M – $3MRequest for Proposal
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Description

The Commonwealth of Massachusetts, via the Division of Capital Asset Management and Maintenance, seeks a landlord to provide a turn‑key office lease for the Massachusetts Teachers’ Retirement System (MTRS). The lease will encompass roughly 3,300 sq ft of usable space located in one of several western‑Massachusetts municipalities (Agawam, Chicopee, East Longmeadow, Holyoke, Longmeadow, Ludlow, Springfield, or West Springfield) for a ten‑year term. The landlord must deliver the premises fully built out per the Space Allocation and Finish Schedule, assume responsibility for utilities, HVAC, janitorial services, security, OPEX, tax budgeting, IAQ testing, periodic repainting/re‑carpeting, EV‑charging infrastructure, and compliance with state sustainability (EO‑594) and accessibility requirements. The solicitation includes extensive technical exhibit requirements and a suite of statutory certifications. • Approx. 3,300 sf of office space, 10‑year gross‑lease term, with 50 general parking spaces, 11 reserved, and 1 drop‑off plus EV‑charging. • Landlord must deliver a turn‑key fit‑out meeting the Space Allocation and Finish Schedule (flooring, partitions, lighting, AV, signage, etc.) and provide ongoing services (utilities, HVAC, janitorial, security, OPEX, tax). • Mandatory compliance with sustainability (EO‑594), ADA/MAAB, hazardous‑substance remediation, IAQ testing, and periodic maintenance (re‑painting, re‑carpeting, HVAC re‑balancing). • Proposal submission deadline is 29 Oct 2026 2:00 PM; all questions must be submitted through the COMMBUYS portal prior to the deadline (exact date not specified).

Attached files

Contact

Paul J. Burke(Info Contact)

[email protected]

(617) 727-4050

Key dates

Opened
9/15/2026
Closes
10/29/2026
Duration
10 years

Last updated

Details

Type
Request for Proposal
Industry
Construction
NAICS
236220
Solicitation №
BD-27-1019-DCP06-OOL01-133472

Budget estimate

$1,500,000 – $3,000,000

No rent or contract value is disclosed. Based on a typical turnkey office build‑out cost of $200‑$400 per square foot for 3,300 sf, the construction portion alone could range from $660,000 to $1,320,000. Adding a gross‑lease rent component (approximately $30‑$50 per sf per year) over ten years would contribute an additional $990,000‑$1,650,000. Therefore, a reasonable total contract value estimate spans roughly $1.5 million to $3 million over the lease term, with annual cash flow to the landlord in the $150k‑$300k range.

AI estimate from the solicitation

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