Awarded vendors
- CBRE
Description
This contract is for consulting services related to appraisals and valuations for the Prado Dam Project. The contract was awarded to CBRE, a private company, by the County Counsel of the County of Orange, State of California. The scope of work includes appraisal and valuation reports, consultation services, and litigation support services. The contract has a term of 5 years, from September 4, 2020, to December 31, 2025. The contract value is estimated to be based on hourly rates, with a maximum amount of compensation for services in each action to be determined and agreed upon prior to the commencement of the performance of any services.
• The contract includes a provision for confidentiality, which requires CBRE to keep all reports, letters, and communications prepared in connection with the contract confidential.
• The contract also includes a provision for indemnification, which requires CBRE to indemnify, defend, and hold harmless the County Counsel and the District, and their officers, agents, and employees from all claims and losses resulting or accruing in connection with the performance of the contract.
• The contract has a provision for termination, which allows the County Counsel to terminate the contract at its sole discretion by giving 10 days' written notice to CBRE.
• The contract includes a provision for assignment, which states that the contract is not assignable except upon written approval by the County Counsel.