RFP

Real Estate Appraisal and Related Consulting Services RFP

Submission Deadline
March 29, 2019 at 4:00 pm

New York City Economic Development Corporation (NYCEDC) is seeking proposals in response to this Request for Proposals (RFP) for a number of consultants to provide commercial real estate appraisal and related consulting services to NYCEDC.  NYCEDC will keep the selected consultants on retainer, and its Division of Real Estate Transaction Services (RETS) will request assistance with particular assignments as needed. Assignments  may  include  but  are  not  limited  to:  market  surveys,  market  feasibility studies, discounted cash flow analysis and returns on investment, valuation of partnership interests, appraisal of fee simple or partial interests in commercial properties, appraisal of development rights, appraisal reviews, advice on analyzing or structuring the financial components of real estate transactions, or expert testimony.

NYCEDC plans to select a consultant on the basis of factors stated in the RFP which include, but are not limited to: the quality of the proposal, experience of key staff identified in the proposal, experience and quality of any subcontractors proposed, demonstrated successful experience in performing services similar to those encompassed in the RFP, and the proposed fee, if applicable.

It is the policy of NYCEDC to comply with all federal, state and City laws and regulations which prohibit unlawful discrimination because of race, creed, color, national origin, sex, age, disability, marital status and other protected category and to take affirmative action in working with contracting parties to ensure certified Minority and Women-owned Business Enterprises (MWBEs) share in the economic opportunities generated by NYCEDC’s projects and initiatives. Please refer to the Equal Employment and Affirmative Compliance for Construction Contracts Addendum in the RFP.

Respondents may submit questions and/or request clarifications from NYCEDC no later than 5:00pm on March 15, 2019. Questions regarding the subject matter of this RFP should be directed to [email protected]. For all questions that do not pertain to the subject matter of this RFP, please contact NYCEDC’s Contracts Hotline at (212) 312-3969. Answers to all questions will be posted by March 22, 2019, on this page.

Detailed submission guidelines and requirements are outlined in this RFP, available as of March 8, 2019. In addition to being able to download the document above, the RFP is available for in-person pick-up between 9:30 a.m. and 4:30 p.m., Monday through Friday, from NYCEDC, 110 William Street, 4th floor Mailroom Bid Desk, New York, NY (between Fulton & John streets). Responses are due no later than 4:00pm on March 29, 2019. Please submit three (3) paper sets and one (1) electronic set saved on a DVD or memory stick of your proposal to:

NYCEDC, 110 William Street, 4th floor Mailroom Bid Desk, New York, NY  10038
Attention: Maryann Catalano, Chief Contracting Officer, Contracts.

Companies who have been certified with the New York City Department of Small Business Services as Minority and Women Owned Business Enterprises (“M/WBE”) are strongly encouraged to apply.  To learn more about M/WBE certification and NYCEDC’s M/WBE program, please visit http://www.nycedc.com/opportunitymwdbe