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  5. ›Property Sale - 521 Sunderland Road, Lot 2 / ED

Awarded contract·City of Worcester·Massachusetts

Property Sale - 521 Sunderland Road, Lot 2 / ED

Won by Habitat for Humanity$100kSingle Award
Contract source

Awarded vendors

  • Habitat for Humanity

Description

This solicitation concerns the sale of a vacant 7,002‑sq‑ft parcel at 521 Sunderland Road, Lot 2, Worcester, MA, with the expectation that the purchaser will develop the site into a single‑family, owner‑occupied home. The City of Worcester will award the contract to the highest compliant bid, requiring a 10 % bid security and imposing a 24‑month development completion clause, after which the property will revert to the City if not completed. The award went to Habitat for Humanity for $100,000. • Minimum bid price $75,000; award price $100,000. • Bid security equal to 10 % of the proposed purchase price. • Development must comply with RS‑7 zoning and be owner‑occupied for at least 20 years. • Reversion clause triggers if construction is not finished within 24 months. • All taxes, utilities, permitting, and title costs are the buyer’s responsibility.

Attached files

Key dates

Bids closed
11/2/2022
Duration
24 months

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Real Estate
NAICS
531120
Solicitation №
7901-W3

Contract value

$100,000

The bid results show Habitat for Humanity awarded the contract at $100,000, which is above the minimum bid of $75,000. Since the contract is a sale of land (no ongoing service fees) and the buyer must cover all closing, title, and development costs, the primary monetary value of the contract is the purchase price itself—$100,000. No additional payments from the City are indicated, so the estimated contract value is $100,000.

AI estimate from the award documents

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