Real Estate Appraisal and Related Consulting Services RFP

New York City Economic Development Corporation (NYCEDC) is seeking proposals in response to this Request for Proposals (RFP) for several 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 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 several consultants 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 and cost schedule, 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 Non-Construction Contracts Addendum in the RFP.

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.