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University of Maryland - College Park·Maryland

Real Estate Advisory Services

Closes 9/29/2026$200k – $1MRequest for Proposal
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Description

The University of Maryland‑College Park is seeking a qualified firm to provide comprehensive real‑estate advisory services on an on‑call basis. The scope includes advising on acquisition, disposition, development, and privatization of university properties; structuring creative public‑private partnerships; assisting with financing, risk‑sharing, and management of capital projects; and supporting negotiation and documentation of real‑estate agreements. Services may cover student and faculty housing, athletic and recreation facilities, office/commercial space, research labs, and guest‑service buildings. Offerors must demonstrate at least ten years of Maryland real‑estate transaction experience (or equivalent regional experience), prior higher‑education or large public‑sector advisory work, and provide 3‑6 relevant project references. Proposals are submitted electronically with hourly‑rate pricing; economic benefit to the State of Maryland must be quantified as a percentage of the proposed rates. • Advisory support for acquisition, disposition, development, and privatization of UMD assets • Experience required in higher‑education or large public‑sector real‑estate projects • Minimum 10 years Maryland/DMV region transaction experience (or equivalent) • Provide 3‑6 references for comparable projects completed in past 3 years • Hourly‑rate based pricing; economic‑benefit percentage to be disclosed • On‑call contract with no fixed end‑date; multiple personnel may be proposed

Attached files

Contact

Rahima Jamal(Procurement Officer / Buyer)

[email protected]

(301) 405-6543

Key dates

Opened
9/1/2026
Questions due
9/15/2026
Pre-bid meeting
9/8/2026
Closes
9/29/2026
Duration
2 years

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
541618
Solicitation №
BPM058698

Budget estimate

$200,000 – $1,000,000

The solicitation calls for hourly‑rate proposals rather than a fixed‑price contract. Based on typical university‑scale real‑estate advisory engagements, hourly rates often range from $150 to $300 per consultant hour. Assuming an average utilization of 1,000 to 3,000 consultant hours per year, the annual contract value could fall between $150,000 and $900,000. Factoring in potential additional specialist rates and inflation, a reasonable overall budget range is roughly $200 K to $1 M over the life of the on‑call agreement.

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