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Town of Herndon·Virginia

On Call Real Estate Advisory & Transaction Services

Closes 4/13/2026$200k – $500kRequest for Proposal
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Description

The Town of Herndon is seeking a qualified firm to provide professional real estate advisory, brokerage, valuation, and strategic consulting services to support the Town's economic development, planning, and real estate initiatives. The selected firm will provide services on an as-needed basis, including real estate market research, valuation analysis, feasibility assessments, and development advisory services. The firm will also assist the Town in evaluating and implementing real estate, redevelopment, and economic development initiatives. • Real estate advisory and strategic planning services • Property evaluation, market analysis, and valuation services • Real estate appraisal and valuation services • Acquisition, disposition, and transaction advisory services • Brokerage and transaction management services • Development advisory and public-private partnership support • Property repositioning and adaptive reuse advisory • Financial modeling and fiscal impact analysis • Request for proposals and developer procurement support • Economic modeling and policy analysis • Regional market and development analysis • Parking study and parking program evaluation • Due diligence support • Research and technical support • Public outreach and presentations • Additional advisory services

Attached files

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

Contact

Andrea Lourenco(Purchasing Agent)

[email protected]

(703) 435-6800 Ext: 2048

Key dates

Opened
3/11/2026
Questions due
3/25/2026
Closes
4/13/2026

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531210
Solicitation №
RFP 26-04

Budget estimate

$200,000 – $500,000

The budget for this opportunity is difficult to estimate, as it depends on the scope and complexity of the services required. However, based on the services listed, it is likely that the budget will be in the range of $200,000 to $500,000 per year, depending on the number of projects and the level of expertise required. Factors that may influence the budget include the experience and qualifications of the selected firm, the complexity of the projects, and the level of competition for the contract.

AI estimate from the solicitation

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