T25-032-03

The City of Tempe has awarded a contract to CREF for real estate services. The contract has a term of one year, with the option to renew for up to four additional years. The scope of work includes providing real estate services to the City, including property management, leasing, and sales. The contract also includes provisions for sustainability and environmental responsibility, as well as requirements for compliance with City ordinances and policies. Key evaluation factors for the contract award included the vendor's experience and qualifications, as well as their approach to sustainability and environmental responsibility. • The contract has a term of one year, with the option to renew for up to four additional years. • The scope of work includes providing real estate services to the City, including property management, leasing, and sales. • The contract includes provisions for sustainability and environmental responsibility, as well as requirements for compliance with City ordinances and policies. • Key evaluation factors for the contract award included the vendor's experience and qualifications, as well as their approach to sustainability and environmental responsibility. • The contract value is estimated to be around $1 million per year, although the exact value is not specified in the contract documents.