Tier 2 Bid : Real Estate Consulting for School Campus

2026-11-03

The Michigan Department of Technology , Management & Budget ( the “ Department ”), on behalf of the Michigan Department of Education ( MDE ), is seeking to engage a qualified and experienced Respondent to provide financial and real estate consulting services in partnership with the Department ’ s Real Estate Division . The purpose of this engagement is to support the development of a new lease agreement for a school campus which includes a student residential component , including new construction and long - term occupancy planning . The selected firm will assist in evaluating financial feasibility , market conditions , and lease structuring strategies to ensure the State receives high - quality services at fair market rates , while aligning with the State ’ s operational , educational , and fiscal goals . REQUIREMENTS Financial & Real Estate Data Analysis Advisory Services – Lease Development Partner with the Real Estate Division and its other internal and external stakeholders to develop a comprehensive lease strategy for a multiple building school campus , including student residential and new construction components . Provide financial modeling and scenario testing to evaluate lease vs . build options , long - term cost implications , and funding strategies . Analyze market data and comparable lease rates to ensure alignment with fair market value . Analyze school campus market data for direct building operational expenses to ensure alignment with fair market value . Support the development of defining quality maintenance and operations standards relevant to a new school campus . Offer strategic recommendations on lease terms , escalation clauses , tenant improvement allowances , capital improvements , and risk mitigation . Support negotiation strategy development and assist in drafting key lease provisions . Identify opportunities for cost savings , operational efficiency , and long - term value . Ensure compliance with applicable State policies , procurement requirements , and budgetary constraints . Service Levels and Requirements The selected firm must : Be available to kick off the project immediately . Respond to all State inquiries within 2 business days . Provide monthly progress reports summarizing findings , milestones , and next steps . Attend bi - weekly project meetings ( virtually , via Microsoft Teams ). Deliver all draft and final reports in editable digital formats ( e . g ., Word , Excel , PowerPoint ). Maintain confidentiality and data security in accordance with State standards . General Requirements The Contractor will be responsible for complying with all the original Contract Requirements and for providing all Deliverables , Services and Staff to perform the work as indicated below . The Contractor must : Guide the State through the planning , analysis , and negotiation of a new lease for a school campus , ensuring that the resulting agreement is financially sound , market - aligned , and strategically advantageous , including the following Deliverables : Project Work Plan with deliverables schedule – within 15 business days after kick - off meeting . Market and Financial Analysis Report – including lease vs . build scenarios . Draft Lease Strategy and Term Sheet – with annotated recommendations . Final Lease Development Report – incorporating feedback from stakeholders . Implementation Roadmap – outlining next steps , timelines , and responsible parties .

MITN

2026-04-29