Lease Management Services

The City of New Orleans is seeking a vendor to provide comprehensive lease management services to improve oversight and reporting of its lease portfolio. The agency needs to solve the problem of disorganized lease tracking by establishing a complete, accurate, audit-ready, and accessible database of all city leases. To optimize its portfolio, the agency requires a realistic, repeatable, organized, and scalable approach to ongoing lease management. The scope of work covers ensuring timely and accurate rent and fee collection, as well as verifying compliance with lease obligations such as insurance, maintenance, and operations. The selected vendor must maintain communications and relationships with city lease counterparties. Additionally, the agency expects the vendor to identify opportunities to renegotiate, restructure, or remarket specific leases to achieve more favorable terms for the city. Bidders must perform all work onsite and must be located within the United States to meet eligibility rules. The agency is requesting proposals to determine the budget and will award a contract for a one-year period. Responses must be submitted digitally via email or through the online portal. The agency has scheduled a pre-bid conference for May 27, 2026, to discuss the opportunity. Bidders must submit all questions regarding the solicitation no later than June 03, 2026. The evaluation of proposals will be based on the submitted bids, though specific scoring criteria are not detailed in the initial announcement.