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  1. Bid Banana
  2. ›Closed bids
  3. ›Arizona
  4. ›Financial Services
  5. ›T25-154-01

Awarded contract·City of Tempe·Arizona

T25-154-01

Won by Ballard Spahr LLP$1.8MSingle Award
Contract source

Awarded vendors

  • Ballard Spahr LLP

Description

The City of Tempe has awarded a contract to Ballard Spahr LLP for outside legal services related to public housing, real estate, and related matters. The contract has a term of 2 years, with 3 optional 1-year renewals. The contract includes hourly rates for various levels of legal professionals, ranging from $250 to $683 per hour. The contract is valued at approximately $1.3 million to $2.6 million per year, based on the hourly rates and an assumed 2,000 hours of work per year. The key services to be provided under this contract include legal advice and representation related to public housing and real estate matters. • The contract includes a detailed breakdown of hourly rates for different levels of legal professionals. • The contract has a term of 2 years, with optional renewals. • The contract is valued at approximately $1.3 million to $2.6 million per year. • The key services to be provided under this contract include legal advice and representation related to public housing and real estate matters. • The contract includes a requirement for the vendor to provide insurance and performance bonds. • The contract includes a requirement for the vendor to comply with all applicable laws and regulations.

Attached files

Key dates

Starts
10/22/2025
Ends
10/21/2027Renews
Duration
2 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
541110
Solicitation №
T25-154-01

Contract value

$1,800,000

The contract value can be estimated based on the hourly rates and the assumed number of hours worked per year. The hourly rates range from $250 to $683 per hour, and assuming an average hourly rate of $450 and 2,000 hours of work per year, the total contract value per year would be approximately $900,000. For a 2-year contract with optional renewals, the total contract value would be approximately $1.8 million to $3.9 million. However, this is a rough estimate and the actual contract value may vary depending on the actual number of hours worked and the specific services provided.

AI estimate from the award documents

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