T25-032-01

This contract is for real estate services provided by CBRE, Inc to the City of Tempe. The contract has a duration of 1 year and can be renewed for up to 4 additional years. The contract includes provisions for payment, invoicing, and termination. The City of Tempe is committed to sustainable practices and has developed a Sustainable Procurement Policy to guide contract award decisions. The contract also includes requirements for compliance with Arizona law and regulations, including those related to employment practices and working conditions. Some key features of the contract include: • The contract is for real estate services, including property management and leasing services. • The contract has a duration of 1 year, with options to renew for up to 4 additional years. • The contract includes provisions for payment, invoicing, and termination. • The City of Tempe is committed to sustainable practices and has developed a Sustainable Procurement Policy to guide contract award decisions. • The contract includes requirements for compliance with Arizona law and regulations, including those related to employment practices and working conditions. • The contract requires the vendor to provide a copy of its antidiscrimination policy and to certify compliance with Tempe City Code Chapter 2 Article VIII Section 2-603(5). Some key benefits of the contract include: • The contract provides the City of Tempe with access to professional real estate services, including property management and leasing services. • The contract includes provisions for payment, invoicing, and termination, which can help to ensure that the City receives high-quality services and that the vendor is held accountable for its performance. • The contract includes requirements for compliance with Arizona law and regulations, which can help to ensure that the vendor is operating in a responsible and ethical manner. Overall, this contract is an important step in the City of Tempe's efforts to provide high-quality services to its citizens, while also promoting sustainable practices and compliance with Arizona law and regulations.