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  1. Bid Banana
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  4. ›Real Estate
  5. ›RFP# NMCD Los Lunas 09.18.2025

New Mexico Corrections Department, Probation and Parole Division·New Mexico

RFP# NMCD Los Lunas 09.18.2025

Closes 10/28/2025$2M – $6MRequest for Proposal
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Description

The New Mexico Corrections Department, Probation and Parole Division is seeking an office lease agreement for up to a 20-year term. They encourage the development of creative solutions to meet the procurement needs and critical path deliverables, such as build-to-suit, existing space, or a combination of the two. The department is looking for a provider to offer office space rental or lease services. Key aspects of the proposal include: • Office space rental or lease for a 20-year term • Creative solutions such as build-to-suit, existing space, or a combination of the two • Meeting the procurement needs and critical path deliverables • Providing real estate management services, including listing and sales services • Offering solutions for real estate development, land survey consulting, and property management

Attached files

Contact

Noah Sedillo

[email protected]

Key dates

Opened
9/18/2025
Closes
10/28/2025
Duration
20 years

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531110
Solicitation №
60-350L00-25-**********2267

Budget estimate

$2,000,000 – $6,000,000

The budget for this opportunity can be estimated based on the average annual cost of office space rental or lease. Assuming an average cost of $20 per square foot and an average office space of 10,000 square feet, the annual cost would be $200,000. For a 20-year term, the total budget would be approximately $4,000,000. However, this is a rough estimate and the actual budget may vary depending on the specific requirements and location of the office space. Factors that may influence the likely payment range include the location, size, and condition of the office space, as well as the services provided by the vendor.

AI estimate from the solicitation

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