RFI - National Commercial Real Estate Market Data

The Federal Acquisition Regulation (FAR) Part 10 requires the Government to conduct market research before developing new requirements documents for an acquisition. Results of market research will be used to determine whether qualified sources exist and if alternative support strategies will meet Government requirements. One of the ways the Government conducts market research is to issue a Request for Information (RFI).

In accordance with FAR 52.215-3, Request for Information or Solicitation for Planning Purposes (Oct 1997), this Request for Information (RFI) is for planning purposes only and is not a Request for Quotes (RFQ), Request for Proposals (RFP), Invitation for Bids (IFB) or an obligation on the part of the Government to acquire any services. Responses to this RFI are not offers and can/will not be accepted by the Government to form a binding contract.

The Government reserves the right to determine how it should proceed as a result of this notice. Furthermore, those who respond to this RFI should not anticipate feedback with regard to their submission. The Government will not pay any cost incurred in response to this RFI. All costs associated with responding to this RFI will be solely at the responding party’s expense. The information provided in this RFI is subject to change and is not binding on the Government.

GSA seeks comprehensive real estate market data to use in the Lease Cost Relative to Market (LCRM) performance measure, Bullseye research and reporting for regions, and to calculate the savings on PBS’s Lease Optimization measure (LO). We are looking for national real estate data that provides assessments and forecasts of real market conditions for over 190 major metropolitan statistical areas, secondary markets, tertiary markets, and 1,800 submarkets nationwide.

Historical and ongoing quarterly data, with up to 30 data fields including Historical Trends and Forecasts, Rents, Lessor free rent concessions, and Lessor TI concessions. Attached with this RFI announcement is a copy of the RFI document which provides more detail on the service the Government is seeking and response information.