STRATEGIC PRIORITY: Core
AGENDA DATE: June 25, 2025
COUNCIL DISTRICT(S): Citywide
DEPARTMENT: Department of Facilities and Real Estate Management
EXECUTIVE: Donzell Gipson
______________________________________________________________________
SUBJECT
Title
Authorize (1) payment of invoices to CBRE, Inc. for professional real estate consultancy and brokerage services in an estimated amount of $620,000.00; and (2) a one-year service contract with CBRE, Inc. for professional real estate brokerage services through an interlocal agreement with Dallas County in an estimated amount of $140,715.00 - Total estimated amount of $760,715.00 - Financing - General Fund
Body
BACKGROUND
This service contract will provide real estate brokerage services on an as-needed basis, for a variety of real estate matters. These services will be utilized to provide the City with assistance in facilitating real estate transactions, including but not limited to buying, selling, and leasing properties.
Payment of invoices to CBRE, Inc. are authorized for payment for services performed under Contract No. DEV-2019-00010801, which expired on April 9, 2025. The payment for services rendered need to be paid using the funds originally encumbered.
The interlocal agreement with Dallas County is authorized by Chapter 791 of the Texas Government Code and Subchapter F, Chapter 271, Texas Local Government Code. Section 271.102 of the Texas Local Government Code authorizes a local government to participate in a Cooperative Purchasing Program with another local government or a local cooperative organization.
ESTIMATED SCHEDULE OF PROJECT
Began Services April 2025
Complete Services April 2026
PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)
This item has no prior action.
FISCAL INFORMATION
|
Fund |
FY 2025 |
FY 2026 |
Future Years |
|
General Fund |
$760,715.00 |
$0.00 |
$0.00 |
M/WBE INFORMATION
In accordance with the City’s Business Inclusion and Development Policy adopted on September 23, 2020, by Resolution No. 20-1430, as amended, the M/WBE participation on this contract is as follows:
|
Contract Amount |
Procurement Category |
M/WBE Goal |
|
$140,715.00 |
Other Services |
N/A |
|
M/WBE Subcontracting % |
M/WBE Overall % |
M/WBE Overall Participation $ |
|
40.00% |
40.00% |
$56,286.00 |
|
• The Business Inclusion and Development Policy does not apply to Interlocal Purchasing Agreements, however, the prime contractor is subcontracting with certified M/WBEs. |
|
• CBRE, Inc. - Non-local; Workforce - 100.00% Local |
PROCUREMENT INFORMATION
Method of Evaluation of Award Type:
|
Interlocal Agreement/Inter governmental Agreement |
• Interlocal agreements/intergovernmental agreements allow the City to take advantage of competitively bid contracts by a State agency or local government and enable the City to purchase goods or services at lower prices |
|
|
• Interlocal agreements/intergovernmental agreements are an alternative method of meeting the requirements for competitive bidding or competitive sealed proposals, not an exception from that requirement |
OWNER/EXECUTIVE
CBRE, Inc.
Peter Jansen, Executive Vice President