About this opportunity
AI summaryThe Texas Department of Banking is seeking commercial real estate brokerage services to support its staff in Austin, Texas. The selected contractor will assist with analyzing, negotiating, and closing property sales, as well as handling valuation, listing, and transaction processes. Additional duties include coordinating sale and potential leaseback negotiations with legal counsel, executing transaction documents, and managing evidence of insurance and non-disturbance agreements. The contract term is for one year. Only US onshore organizations are eligible to apply, and performance will take place onsite. Submissions must include the signed proposal and signed Execution of Proposal (Attachment A). All questions must be submitted via email by November 5, 2026, and final proposals are due by November 19, 2026, at 3:00 PM Central Time. Proposals will be evaluated based on the respondent's experience, capability, past performance, pricing, processes, products, and services.
Buyer and opportunity details
- Client
- Texas Department of Banking
Scope of work
- List 2601 N. Lamar for sale
- Respond to submitted offers
- Assist in potential due diligence and closing process
- Assist in valuation, listing, and sale transaction of property
- Assist legal counsel with sale and potential leaseback negotiations
- Coordinate execution of transaction documents, evidence of insurance, and Non-Disturbance Agreements
How proposals are evaluated
| Criterion | Weight / scoring |
|---|---|
| Demonstrated experience, competence, qualifications, and capability to perform | 40 |
| Proposed services and approach to scope of work | 30 |
| Proposed compensation and fee schedule | 30 |
Minimum qualifications
- Minimum of ten (10) years of experience in commercial real estate brokerage services
- Proven track record in providing commercial real estate brokerage services
- Licensed to perform commercial real estate brokerage services in the State of Texas
Documents to include with your response
- Signed Proposal
- Attachment A - Execution of Proposal
- Proof of professional liability and workers compensation insurance coverage
- List of key personnel names, titles, qualifications, and experience
- Compensation and fee schedule
- Conflict of interest disclosure
- Signed copy of each addendum (if applicable)
Key dates
- Posting Date
- 10/28/2026
- Deadline for Submitting Questions to DOB
- 11/5/2026
- Agencies Official Response to Questions
- 11/12/2026
- Proposals due
- 11/19/2026 3:00 pm (CT)
- Evaluation, Process, Oral Presentations (if requested)
- 11/26/2026
- Estimated Contract Award Date
- 12/1/2026
How to submit
- Method
- Sealed hard copy via U.S. Postal Service, Overnight/Express Mail, or hand delivery
- Instructions
- Submit one original and three (3) copies of the proposal in a separate envelope or package clearly marked RFP 451-27-038 to Texas Department of Banking, 2601 North Lamar Boulevard, Austin, Texas 78705.
Contract details
- Term
- Original term of one year with the option to renew for up to three one-year renewal terms.
- Place of performance
- 2601 North Lamar Boulevard, Austin, Texas 78705
- Insurance and bonding
- Standard Workers Compensation Insurance with statutory limits; Professional Liability insurance with minimum limits of $500,000 per claim and $1,000,000 annual aggregate.
- Funding
- Texas Finance Code Chapter 16