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U.S. Department Of Veterans Affairs·Illinois

R402--Real Estate Acquisition Support Services (REASS) Recompete

Closes 11/16/2026$1M – $5MRequest for Proposal
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Description

The Department of Veterans Affairs is issuing a firm‑fixed‑price IDIQ for Real Estate Acquisition Support Services. The award will be a multiple‑award, small‑business set‑aside (100 % Service‑Disabled Veteran‑Owned Small Business) contract that provides broker services to identify, market, evaluate, negotiate, and close lease agreements for VA facilities nationwide. The contract has a one‑year base period with four one‑year options (up to five years total) and a ceiling of $30 million per awardee. Compensation is commission‑based, calculated as a percentage of the aggregate lease value, with weighted evaluation of rates across lease‑size categories. Contractors must hold a current state broker license in every jurisdiction where work is performed, complete required VA training courses, and submit a Licensing/Lawful‑Authority sheet for each state. The solicitation includes extensive reporting requirements (monthly status reports, quarterly SBA compliance reports, and commission rate schedules) and a robust quality‑assurance and past‑performance evaluation framework. • Provide market research, RLP development, offer evaluation, lease documentation, and post‑award close‑out services across five geographic regions. • Must be a certified SDVOSB, meet the $15 M NAICS‑531210 size standard, and maintain broker licensure in all applicable states/territories. • Compensation is a percentage‑based commission (weighted by lease size) on each lease; the overall IDIQ ceiling is $30 M with a $1 M minimum order.

Attached files

Contact

Marcel Parfenti

[email protected]

Key dates

Opened
10/16/2026
Questions due
10/27/2026
Closes
11/16/2026
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531210
Solicitation №
36C10F26R0045

Budget estimate

$1,000,000 – $5,000,000

The IDIQ ceiling permits up to $30 million in total commissions per awardee over five years. Assuming an average commission rate of 2‑5 % on lease values and a realistic portfolio of leases worth $10‑50 million per year, a contractor could earn roughly $200 k–$2.5 M annually, translating to $1 M–$5 M over the full five‑year potential. The lower bound reflects modest lease volume; the upper bound reflects high‑value leases and optimal commission rates.

AI estimate from the solicitation

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