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  5. ›RFP Property Loss Mitigation Services - 2024

Awarded contract·Wayne State University·Michigan

RFP Property Loss Mitigation Services - 2024

Won by Belfor Property Restoration$12MSingle Award
Contract source

Awarded vendors

  • Belfor Property Restoration

Description

Wayne State University issued a three‑year, fixed‑price, optional‑extension contract for comprehensive property‑loss mitigation and restoration services across its campuses. The selected vendor must provide 24 × 7 emergency response, rapid crew deployment (≤ 2 hours notification, ≤ 3 hours on‑site), and full restoration after mitigation, covering water extraction, drying, mold remediation, fire and smoke cleanup, and wind‑storm damage. The contractor must be Michigan‑licensed, maintain extensive equipment inventory in the Detroit area, comply with university wage‑rate requirements, carry specified insurance limits, and meet extensive documentation, reporting, and safety standards. The contract runs from July 1 2024 to September 30 2027 with two possible one‑year extensions. • 24 × 7 on‑call emergency response with strict response‑time thresholds. • Full suite of mitigation (Phase I) and restoration (Phase II) services, including hazardous‑material testing and waste disposal. • Mandatory compliance with Michigan licensing, prevailing‑wage rates, insurance, and university safety policies.

Attached files

Key dates

Bids closed
3/24/2024
Contract modified
5/21/2024
Starts
7/1/2024
Ends
9/30/2027Renews
Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Environmental Services
NAICS
561790

Contract value

$12,000,000

No explicit monetary value is disclosed. Based on the contract’s scope—24 × 7 emergency response for a large urban university campus, extensive equipment inventory, and a three‑year term with optional extensions—a reasonable ballpark can be derived from comparable university restoration contracts. Similar multi‑year campus‑wide mitigation contracts typically range from $3 million to $5 million per year, depending on the number of buildings and anticipated incident volume. Assuming a mid‑range of $4 million annually for the base three‑year period yields an estimated total of $12 million. Adding the potential two one‑year extensions could increase the ceiling to roughly $16 million, but the base award is likely near $12 million.

AI estimate from the award documents

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