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Awarded contract·City of Mesa·Arizona

Property Management CDBG & HOME Program

Won by Trekk Realty, LLC$6kAwarded 4/9/2025Single Award
Contract source

Awarded vendors

  • Trekk Realty, LLC

Description

This contract awards the City of Mesa’s Property Management services for four low‑income residential units funded by CDBG and HOME program dollars. The contractor must provide full‑service property management, including leasing, rent collection, maintenance, financial reporting, compliance with HUD regulations, and staffing. The award is a firm‑fixed‑price arrangement with a modest annual fee, and the contract includes a three‑year base term with the possibility of two additional one‑year renewals. • Scope: Comprehensive residential property management for four city‑owned units (duplex, single‑family homes, and triplex). • Compensation: $1,856.25 per year, flat‑fee basis, with hourly rates for extra services. • Requirements: CPM‑certified staff, Arizona real‑estate licenses, insurance, and compliance with federal CDBG/HOME regulations.

Attached files

Key dates

Bids closed
10/7/2024
Intent to award
4/9/2025
Awarded
4/9/2025
Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Real Estate
NAICS
531311
Solicitation №
RFP-F360-2025051-1

Contract value

$5,569

The Notice of Award specifies an annual payment of $1,856.25. Assuming the base term of three years (as described in the RFP), the total contract value would be roughly $1,856.25 × 3 = $5,568.75. If the two optional renewal years are exercised, the value could rise to about $7,425.00. Given the modest fee and limited scope (four residential units), a ball‑park estimate for the awarded contract is therefore between $5,500 and $7,500.

AI estimate from the award documents

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