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  5. ›2026 RIOC RFP for Real Estate Advisory and Consulting Panel

NYS Roosevelt Island Operating Corporation·New York

2026 RIOC RFP for Real Estate Advisory and Consulting Panel

Closes 9/10/2026$500k – $2MRequest for ProposalLogin required
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Description

Roosevelt Island Operating Corporation (hereinafter “RIOC” or “Authority”) is seeking to engage a panel of pre-qualified real estate advisors and/or consultants with expertise advising on sophisticated real estate matters in New York City. A detailed description of the work to be performed is set forth in the “Scope of Work” attached to this RFP as Exhibit 1 (the “Work”). RIOC is seeking advisors and consultants with demonstrated experience in one or multiple areas of the Work set forth in the Scope of Work, but generally, selected advisors and consultants will provide RIOC with real estate advisory and/or consultant services on an “on-call” basis (collectively the “Real Estate Advisory and Consulting Services.”) Respondents , as defined below, are not required to be able to provide all of the categories of services listed on Exhibit 1 (each, a “Category”) and are encouraged to submit responses covering one, some or all Categories, as applicable. Business enterprises awarded an identical or substantially similar procurement contract within the past five years: None Service-Disabled Veteran-Owned Business (SDVOB) SDVOB Goal: 6.00% Minority / Women Business Enterprise contracting goals (MWBE) Total MWBE Goals: 30.00%

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Amy Firestein(Director of Procurement)

[email protected]

(212) 832-4540

Key dates

Opened
8/17/2026
Closes
9/10/2026
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
531310
Solicitation №
2026 RIOC RFP for Real Estate Advisory and Consulting Panel

Budget estimate

$500,000 – $2,000,000

The solicitation does not disclose a contract value. Based on comparable 5‑year real‑estate advisory panels for municipal entities in New York, annual fees typically range from $100,000 to $400,000 depending on scope breadth and firm size. Assuming a mid‑range panel with multiple service categories, a reasonable estimate for the total contract value would be between $500,000 (lower‑end, limited engagement) and $2,000,000 (higher‑end, extensive on‑call services). Factors influencing the final amount include the number of categories a firm elects to cover, the frequency of on‑call engagements, and any performance‑based incentives.

AI estimate from the solicitation

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