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  5. ›Request for Proposals – Real Estate Legal Services – 87 State Street

Central Vermont Regional Planning Commission·Vermont

Request for Proposals – Real Estate Legal Services – 87 State Street

Closes 8/6/2025$50k – $200kRequest for Proposal
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Description

The Central Vermont Regional Planning Commission is soliciting proposals for real estate legal services associated with the potential acquisition of the land and building located at 87 State Street, Montpelier, VT. The scope of work includes reviewing and commenting on the Offer to Purchase, providing recommendations on the structure of the acquisition, and assessing the structure and setup for redevelopment. The selected consultant will provide legal services to support the efforts of the Commission, the State of Vermont, and the City of Montpelier to acquire and redevelop the property. • Review and comment on the Offer to Purchase • Provide recommendations on the structure of the acquisition • Assess the structure and setup for redevelopment • Provide legal services related to bringing the transaction to closing

Attached files

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

Contact

Lincoln Frasca(Planner)

[email protected]

(802) 229-4164

Key dates

Opened
7/28/2025
Questions due
8/4/2025
Closes
8/6/2025
Duration
6 months

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
541110
Solicitation №
Not specified

Budget estimate

$50,000 – $200,000

The budget for this contract is estimated to be around $100,000, as this is the amount allocated by the Legislature for a grant to CVRPC to complete a site study focused on the feasibility of economic development, parking, housing, and flood mitigation for the 1.6-acre parcel at 87 State Street. However, the actual budget may vary depending on the scope of work and the rates of the selected consultant. Factors that may influence the likely payment range include the complexity of the legal services required, the experience and qualifications of the selected consultant, and the timeline for completion of the project.

AI estimate from the solicitation

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