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  5. ›Property Sale - 521 Sunderland Road, Lot 3 / ED

Awarded contract·City of Worcester·Massachusetts

Property Sale - 521 Sunderland Road, Lot 3 / ED

Won by Habitat for Humanity$100kSingle Award
Contract source

Awarded vendors

  • Habitat for Humanity

Description

This solicitation involved the City of Worcester selling a vacant 7,060‑sq‑ft residential‑zoned parcel (Lot 3, 521 Sunderland Road) to the highest compliant bidder. The buyer must purchase the land “as‑is,” develop a single‑family home, and occupy it for at least 20 years. All development costs, including title, surveys, permits, and construction, are the buyer’s responsibility. A 10 % bid security is required, and if construction is not completed within 24 months after conveyance, the property reverts to the City. The contract was awarded to Habitat for Humanity for $100,000. • Minimum purchase price: $75,000; winning bid: $100,000. • Buyer must secure all permits, conduct environmental due‑diligence, and indemnify the City. • Reversion clause triggers if the home is not completed within two years, returning ownership to the City.

Attached files

Key dates

Bids closed
11/2/2022
Duration
24 months

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Real Estate
NAICS
531190
Solicitation №
7902-W3

Contract value

$100,000

The solicitation set a minimum bid of $75,000 and the winning bid was $100,000. Since the contract is a sale of the parcel, the contract value is effectively the purchase price paid by the buyer. Therefore, the contract’s monetary worth is approximately $100,000. No additional funding, subsidies, or recurring payments are indicated, so the total contract value remains at that amount.

AI estimate from the award documents

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