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. This initiative aims to secure timely rent collection, verify tenant compliance with insurance and maintenance obligations, and identify opportunities to renegotiate leases for more favorable terms. The scope of work requires the selected vendor to maintain active communication with lease counterparties and establish a repeatable, scalable approach to ongoing portfolio optimization. All work must be performed onsite in New Orleans, Louisiana. The agency is contracting these services for a one-year period and expects the vendor to establish a highly organized management system. Eligible bidders must be located onshore within the United States. The agency has not disclosed a specific budget and is looking for proposals to determine the cost. Bidders may submit their responses digitally via email or through the online portal. The agency has scheduled a pre-bid conference for May 27, 2026, to discuss the project requirements. Bidders must submit all clarification questions no later than June 03, 2026. The evaluation will focus on the bidder's ability to deliver an audit-ready inventory and improve the financial performance of the city's lease portfolio.