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Iowa Department of Administrative Services (DAS)·Iowa

Strategic Real Estate & Infrastructure Broker Services

Closes 3/2/2026$200k – $500kRequest for Proposal
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Description

The State of Iowa is seeking a qualified business brokerage advisory firm to provide comprehensive professional services related to the evaluation, marketing, and potential sale or divestiture of public assets. The selected firm will be responsible for conducting a statewide inventory and needs analysis of all state-owned real estate, leased facilities, and other property-related ventures. The goal of this initiative is to identify properties that are underused, obsolete, or no longer aligned with the state's core mission and to take appropriate action to eliminate ongoing maintenance liabilities, reduce risk exposure, and reallocate resources to higher-priority needs. The contract will have an initial term of one year, with the option to renew for up to five additional one-year terms. • Conduct a statewide inventory and needs analysis of all state-owned real estate, leased facilities, and other property-related ventures • Identify properties that are underused, obsolete, or no longer aligned with the state's core mission • Provide comprehensive professional services related to the evaluation, marketing, and potential sale or divestiture of public assets • Eliminate ongoing maintenance liabilities, reduce risk exposure, and reallocate resources to higher-priority needs

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Craig Trotter(Issuing Officer)

[email protected]

(515) 322-8593

Key dates

Opened
2/9/2026
Questions due
2/20/2026
Closes
3/2/2026
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531210
Solicitation №
005-RFP-2418-2026

Budget estimate

$200,000 – $500,000

The budget for this opportunity is estimated to be between $200,000 and $500,000, based on the scope of work and the state's budget for similar projects. The actual budget will depend on the respondent's proposal and the state's evaluation of the proposed services. Factors that may influence the budget include the respondent's experience, qualifications, and proposed methodology for conducting the statewide inventory and needs analysis.

AI estimate from the solicitation

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