Department
Real Estate and Asset Management
Requested Action
title
Request approval to renew an existing contract - Department of Real Estate and Asset Management, RFP#22RFP136202K-DB, Real Estate Development Consultant Services, in an amount not to exceed $150,000.00 with BAE Urban Economics, Inc. (Atlanta, GA), to continue providing real estate development, planning and consultant services including evaluation, procurement, and technical advisory services for the County as needed. This action exercises the first of one renewal option. No renewal options remain. Effective upon BOC Approval through August 19, 2027.
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Requirement for Board Action
In accordance with Purchasing Code Section 102-394(6), the Purchasing Department shall present all renewal requests to the Board of Commissioners at least 90 days prior to the contract renewal date or 60 days if the contract term is six (6) months or less.
Strategic Priority Area related to this item
Open and Responsible Government
Commission Districts Affected
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All Districts |
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District 1 |
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District 2 |
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District 3 |
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District 4 |
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District 5 |
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District 6 |
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Is this a purchasing item?
Yes
Summary & Background: The BOC Approved the current contract, Item #23-0311 on May 3, 2023 for the Real Estate Development Consultant, BAE Urban Economics, Inc. who has served as a Technical Advisor for the County working in partnership with DREAM’s Land Division, Community Development, and Select Fulton as needed. Currently, BAE supports the redevelopment of six (6) properties owned by Fulton County along Fulton Industrial Boulevard (FIB), totaling approximately 15.2 (+/-) acres.
BAE Urban Economics, Inc. continues to work in partnership with DREAM’s Land Division, Community Development, and Select Fulton to identify projects that would broaden and diversify the economic base for FIB, the Executive Airport, and the surrounding areas. They have proven to be a partner who can help responsibly develop the County owned land/sites; and meaningfully contribute to redevelopment efforts for County owned properties around Fulton Industrial and Interstate 20, in addition to the Fulton County Executive Airport, which are critical anchors to the modernization and rejuvenation of the FIB Corridor.
Scope of Work: This contract will support the redevelopment of six (6) properties owned by Fulton County along Fulton Industrial Boulevard (FIB), totaling approximately 15.2 (+/-) acres.
The Real Estate Development services shall consist of, but not be limited to:
• Serving as a technical advisor to the County
• Supporting County agencies during the evaluation of proposals
• Urban Planning
• Market Research
• Real Estate Development Feasibility Analysis
• Public, private, partnerships and associated deal structuring
Community Impact: This effort will help facilitate the necessary public-private partnerships with interested developer(s) to stimulate new investment and services on FIB, by revitalizing the strategically acquired County properties with quality commercial development.
Department Recommendation: The Department of Real Estate and Asset Management recommends approval.
The consulting firm will continue to work in collaboration with the Department of Real Estate and Asset Management, Land Division, Community Development, and Select Fulton.
Project Implications: BAE’s work assists the County in selecting developers to revitalize the FIB corridor.
Community Issues/Concerns: None of which the Department is aware.
Department Issues/Concerns: If this proposal is not approved, there will be a delay in providing the real estate development, planning and consultant services that will continue to provide strategies and analysis for redevelopment of acquired properties along the FIB corridor.
Contract Modification
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Current Contract History |
BOC Item |
Date |
Dollar Amount |
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Original Award Amount |
23-0311 |
5-03-23 |
$150,000.00 |
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90-Day Extension #1 |
102-364(e) |
5-23-26 |
$0.00 |
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1st Renewal |
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$150,000.00 |
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Total Revised Amount |
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$300,000.00 |
Contract & Compliance Information (Provide Contractor and Subcontractor details.)
CONTRACT VALUE: $150,000.00
Contract Value: $150,000.00
Prime Vendor: BAE Urban Economics, Inc.
Prime Status: Non-Minority
Location: Roswell, GA
County: Fulton County
Prime Value: $150,000.00 or 100.00%
Total Contract Value: $150,000.00 or 100.00%
Total Certified Value: $0.00 or 0.00%
Exhibits Attached
Exhibit 1: Contract Renewal Agreement
Exhibit 2: Performance Evaluation
Exhibit 3: Contract Renewal Evaluation Form
Contact Information
title
Joseph N. Davis, Director, Department of Real Estate and Asset Management, (404) 612-3772
Contract Attached
title
Yes
Previous Contracts
title
Yes
Total Contract Value
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Original Approved Amount: |
$150,000.00 |
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Previous Adjustments: |
$0.00 |
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This Request: |
$150,000.00 |
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TOTAL: |
$300,000.00 |
Fiscal Impact / Funding Source
Funding Line 1:
301-999-FIBC-1160: South Fulton Sub-District, Non-Agency, Professional Services- $150,000.00
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Key Contract Terms |
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Start Date: 8/21/2026 |
End Date: 8/19/2027 |
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Cost Adjustment: $150,000.00 |
Renewal/Extension Terms: No renewals remain. |
Overall Contractor Performance Rating: 82
Would you select/recommend this vendor again?
Yes
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Report Period Start: |
Report Period End: |
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3/23/2026 |
6/22/2026 |