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  5. ›Vertical Real Estate Management Pursuant WV Code 31G-5

West Virginia Department of Administration, Purchasing Division·West Virginia

Vertical Real Estate Management Pursuant WV Code 31G-5

Closes 7/1/2025$500k – $2MRequest for Proposal
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Description

The West Virginia Department of Administration, Purchasing Division is seeking a partner to provide management of the State's vertical real estate assets. The partner will be responsible for managing the state's portfolio of towers, buildings, and other structures, and will provide services such as permitting, engineering, and construction management. The partner will also be responsible for ensuring compliance with all applicable laws and regulations. • Management of vertical real estate assets • Permitting and engineering services • Construction management • Compliance with applicable laws and regulations • Revenue share determination and transparency • Previous experience and qualifications • Templates for application review and construction management • Marketing for success and dispute resolution

Attached files

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

Contact

Larry D. McDonnell(Buyer)

[email protected]

(304) 558-2063

Key dates

Opened
6/19/2025
Questions due
3/18/2025
Closes
7/1/2025
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
53131
Solicitation №
CRFP-0231-OOT2500000001-13

Budget estimate

$500,000 – $2,000,000

Based on the information provided, it is difficult to estimate the exact budget for this opportunity. However, considering the scope of work and the state's requirements, a possible budget range could be between $500,000 and $2,000,000 per year, depending on the number of assets managed and the services provided. The state's revenue share will also impact the budget, with a higher revenue share resulting in a lower budget for the partner.

AI estimate from the solicitation

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