Description
The City of Spokane issued an Informal Request for Proposals (IRFP 5515‑21) to obtain comprehensive property management services for a portfolio of city‑owned residential properties. The scope includes day‑to‑day leasing, rent collection, tenant screening, maintenance coordination, financial reporting, trust‑account handling, eviction proceedings, and compliance with local housing regulations. The contract originally called for a three‑year term, but Addendum 1 (issued 18 Oct 2021) reduced the base term to two years, with the possibility of extension only if approved by City Council. Proposals were due 21 Oct 2021, and the award was made 1 Nov 2021. The agreement is renewable upon mutual agreement. The solicitation does not disclose a budget ceiling; vendors are to submit a flat management fee. Key points:
• Provides full‑service residential property management for five city‑owned properties.
• Requires a $5,000 escrow balance, extensive insurance coverage, and compliance with Washington’s landlord‑tenant statutes.
• Contract term is two years (renewable), with a 90‑day proposal validity period and multiple termination notice provisions.