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  5. ›RQ15878: Asset Mgmt. for Hilton Cleve. Downtown

Awarded contract·Cuyahoga County·Ohio

RQ15878: Asset Mgmt. for Hilton Cleve. Downtown

$2MSingle Award
Contract source

Description

This public notice solicits qualifications for a three‑year Asset Management Services contract for the Hilton Cleveland Downtown hotel. The County seeks agencies or organizations capable of delivering comprehensive facilities condition assessments, lifecycle planning, maintenance scheduling, and capital planning for a large hospitality property. No technical specifications are included in the notice; interested parties must obtain them from the Department of Purchasing. The solicitation follows a standard RFQ process with a pre‑qualification telephone conference and a final submission deadline of 11 a.m. on April 11 2025. The award will go to a qualified vendor, but the awardee’s identity is not disclosed in the current documents. • Scope: full‑service asset‑management (condition assessments, planning, maintenance, capital‑budgeting) for a major downtown hotel. • Process: pre‑qualification conference (Mar 25 2025) → submission deadline (Apr 11 2025) → award (date not yet published). • Requirements: vendors must be “plan holders” (i.e., receive the RFQ directly from the County) and must submit all required documents to be considered responsive.

Attached files

Key dates

Bids closed
4/11/2025

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Consulting Services
NAICS
541618
Solicitation №
6262

Contract value

$2,000,000

The notice does not disclose a contract dollar value. Asset‑management services for a 300‑room downtown hotel typically range from $150,000 to $400,000 per year depending on scope, frequency of assessments, and reporting requirements. Assuming a mid‑range annual fee of $500,000 and a three‑year term, the contract could be valued roughly between $1.5 million and $2.5 million. A conservative ball‑park estimate of about $2 million is therefore reasonable.

AI estimate from the award documents

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