On-Call Commercial Real Estate Broker Services

This contract establishes an on‑call commercial‑real‑estate brokerage program for Sedgwick County, Kansas. The county can engage the three awarded firms as needed to assist with property acquisitions, leasing, market research, price opinions, negotiations, and related consulting services over a two‑year base term with two optional one‑year extensions. The work is performed on a commission‑based and hourly‑rate basis, with commissions ranging from 0.40 % to 7.5 % of transaction values and hourly rates for specialized staff. The award was made after an open competition that attracted 85 vendors, with the final selection announced in September 2021. • Scope includes acquisition representation, lease negotiations, market intelligence, and broker’s price opinions. • Compensation is a mix of transaction‑percentage commissions and hourly rates for professional services. • The contract runs for an initial two‑year term (July 2021‑July 2023) with two optional one‑year renewals, allowing the county continuous access to brokerage expertise.