CITY OF EL PASO, TEXAS
LEGISTAR AGENDA ITEM SUMMARY FORM
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Details
District 3
Purchasing and Strategic Sourcing, Claudia A. Garcia, (915) 212-0043
Airport, Tony Nevarez, (915) 474-2424
End
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Title
The award of Solicitation 2025-0031R Real Estate Appraisal Services - Airport to the following suppliers: 1) CBRE, Inc., 2) Steve R. Gragg dba Gragg Risk Management, LLC, 3) Lowery Property Advisors, LLC and 4) Wilkinson, Pendergras & Associates, LP, for a total estimated amount of $500,000.00. This contract will implement on-call professional appraisal services to assist the El Paso International Airport department with expediting and completing tasks for real estate transactions.
Contract Variance:
N/A
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Department: |
El Paso International Airport |
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Award to Supplier 1: |
CBRE, Inc. |
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City & State: |
Atlanta, GA |
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Total Annual Estimated Award: |
$25,000.00 |
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Total Initial Term Estimated Award: |
$75,000.00 |
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Total Option Term Estimated Award: |
$50,000.00 |
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Award to Supplier 2: |
Steve R. Gragg dba Gragg Risk |
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Management, LLC |
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City & State: |
El Paso, TX |
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Total Annual Estimated Award: |
$25,000.00 |
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Total Initial Term Estimated Award: |
$75,000.00 |
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Total Option Term Estimated Award: |
$50,000.00 |
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|
|
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Award to Supplier 3: |
Lowery Property Advisors, LLC |
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City & State: |
Irving, TX |
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Total Annual Estimated Award: |
$25,000.00 |
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Total Initial Term Estimated Award: |
$75,000.00 |
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Total Option Term Estimated Award: |
$50,000.00 |
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Award to Supplier 4: |
Wilkinson, Pendergras & |
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Associates, LP |
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City & State: |
El Paso, TX |
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Total Annual Estimated Award: |
$25,000.00 |
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Total Initial Term Estimated Award: |
$75,000.00 |
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Total Option Term Estimated Award: |
$50,000.00 |
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Initial Term: |
3 Years |
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Option Terms: |
2 Two (1) Year Options |
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Total Contract Time: |
5 Years |
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Total Annual Estimated Award: |
$100,000.00 |
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Total Initial Term Estimated Award: |
$300,000.00 |
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Total Option Term Estimated Award: |
$200,000.00 |
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Total Estimated Award: |
$500,000.00 |
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Account(s) |
562-3000-62030-521020-P6202 |
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Funding Source(s): |
Airport Enterprise |
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District(s): |
3 |
This was a Request for Qualifications Procurement service contract.
The Purchasing & Strategic Sourcing and El Paso International Airport Departments recommend award as indicated to 1) CBRE, Inc., 2) Steve R. Gragg dba Gragg Risk Management, LLC, 3) Lowery Property Advisors, LLC and 4) Wilkinson, Pendergras & Associates, LP the highest ranked offerors based on the evaluation factors established in the evaluation criteria for this procurement.
It is requested that the City Manager be authorized to establish the funding sources and make any necessary budget transfers and execute any and all documents necessary for execution of this award.
In accordance with this award, the City Manager or designee is authorized to exercise future options if needed.
Additionally, it is requested that the City Attorney's Office review and that the City Manager or designee be authorized to execute any related contract documents and agreements necessary to effectuate this award.
End