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Town of Richmond·Vermont

Town Center Property Management Services

Closes 9/5/2025$50k – $200kRequest for Proposal
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Description

The Town of Richmond is seeking a qualified individual or firm to provide professional property management services for the Town Center Building. The selected property manager will be responsible for regular oversight, vendor coordination, office/administrative support, minor maintenance, and management of capital improvements as required. The scope of work includes conducting regular property inspections, overseeing vendors and contractors, maintaining records, performing general office and administrative tasks, providing minor maintenance or handyman services, and managing capital improvement projects. • The property manager will be responsible for coordinating necessary repairs and maintaining records of work performed and expenses incurred. • The selected firm will need to provide a detailed fee structure for their services, including a monthly retainer, hourly rate, and billing approach for maintenance and handyman work. • The Town of Richmond reserves the right to accept or reject any or all bids, or parts thereof, or to select the bid to be in the best interest of the Town. • The contract will require the property manager to indemnify and hold harmless the Town and its agents and employees from any losses or claims arising from the work. • The property manager will need to provide proof of insurance coverage, including general liability, automobile liability, and workers' compensation insurance.

Attached files

Contact

Duncan Wardwell

[email protected]

(802) 336-2092

Key dates

Opened
7/31/2025
Closes
9/5/2025

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531311

Budget estimate

$50,000 – $200,000

The budget for this opportunity is not explicitly stated, but based on the scope of work and the requirement for a detailed fee structure, it is likely that the Town of Richmond is expecting to pay a monthly retainer, hourly rates, and other fees for services. A rough estimate for the annual budget could be in the range of $50,000 to $200,000, depending on the level of services required and the selected property manager's fees. Factors that may influence the likely payment range include the size and complexity of the property, the level of services required, and the property manager's experience and qualifications.

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