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Iowa Department of Administrative Services·Iowa

Strategic Real Estate & Infrastructure Broker Services

Closes 3/2/2026$500k – $2MRequest for Proposal
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Description

The State of Iowa is seeking a real estate and infrastructure broker to assist with a comprehensive statewide inventory and needs analysis of all state-owned real estate, leased facilities, and other property-related ventures. The purpose of this assessment is to evaluate the current utilization of state assets and identify properties that are underused, obsolete, or no longer aligned with the state’s core mission. The selected broker will provide strategic real estate and infrastructure services to help the state make informed decisions about its properties. Key services may include property sales, transfers to local governments, or the establishment of public-private management agreements. The scope of work includes: • Conducting a comprehensive inventory of state-owned real estate and leased facilities • Analyzing the current utilization of state assets and identifying properties that are underused or no longer aligned with the state’s core mission • Providing strategic real estate and infrastructure services to support the state’s decision-making process • Assisting with property sales, transfers, or public-private management agreements • Developing and implementing a plan to eliminate ongoing maintenance liabilities, reduce risk exposure, and reallocate resources to higher-priority needs

Attached files

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

Contact

Craig Trotter(Purchasing Agent)

[email protected]

(515) 322-8593

Key dates

Opened
2/9/2026
Closes
3/2/2026

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531210
Solicitation №
005-RFP-2418-2026

Budget estimate

$500,000 – $2,000,000

The budget for this opportunity is difficult to estimate, as the document does not provide a specific budget or contract value. However, based on the scope of work and the state's goal of eliminating ongoing maintenance liabilities and reducing risk exposure, it is possible that the contract value could be substantial. A rough estimate could be in the range of $500,000 to $2 million, depending on the complexity of the project and the level of expertise required. Factors that may influence the likely payment range include the number of properties involved, the level of analysis required, and the state's budget for real estate and infrastructure services.

AI estimate from the solicitation

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