Title
Real Estate and Appraisal Services
Action
Action:
A. Approve a unit price contract with Professional Property Services, Inc. for real estate and appraisal document review and supplemental acquisition services for an initial term of three years, and
B. Authorize the City Manager to renew the contract for up to two, one-year terms with possible price adjustments and to amend the contract consistent with the purpose for which the contract was approved.
Body
Staff Resource(s):
David Czerr, Charlotte Water
Ron Hargrove, Charlotte Water
Angela Lee, General Services
Tony Korolos, General Services
Explanation
§ This contract will provide Charlotte Water with expedited and dedicated real estate document review and supplemental acquisition resources to meet the accelerated schedule of at least 14 critical infrastructure projects.
§ Professional Property Services, Inc. will ensure that all acquisitions meet applicable federal, state, and local laws, rules, and regulations and are executed on an accelerated schedule.
§ On August 5, 2019, the city issued a Request for Proposals (RFP); two responses were received.
§ Professional Property Services, Inc. best meets the city’s needs in terms of qualifications, experience, cost, and responsiveness to RFP requirements.
§ Total annual expenditures are estimated to be $300,000.
Charlotte Business INClusion
The city negotiates subcontracting participation after the proposal selection process (Part C: Section 2.1 (h) of the Charlotte Business INClusion Policy). Professional Property Services, Inc. has committed 10.00% ($30,000) of the total contract amount to the following certified firms:
§ Michael Ryan Realty Inc. dba Carolina Right of Way (SBE) ($15,000) (settlement and condemnation reviews)
§ Dunbar Geomatics Group, PLLC (SBE) ($15,000) (survey reviews)
Fiscal Note
Funding: Charlotte Water Capital Investment Plan