title
Resolution authorizing the Mayor, the Office of Management and Budget, and the Department of Public Works to enter into a professional service agreement with Oxford Development Company to serve as property manager for 412 Boulevard of the Allies.
body
WHEREAS, the City of Pittsburgh (City) along with the Urban Redevelopment Authority (URA), and Housing Authority of the City of Pittsburgh (HACP, and together with the City and URA, the Co-Owners) jointly purchased certain real property located at 412 (formerly 420) Boulevard of the Allies (Office Building) in Pittsburgh, Pennsylvania, to be used as administrative office space for the Co-Owners in September of 2018; and
WHEREAS, the Co-Owners have determined that it is prudent to obtain property management services for the Office Building; and
WHEREAS, the HACP on behalf of and in coordination with the Co-Owners advertised a Request for Proposal (RFP) #125-08-19 for property management services for an initial term of three (3) years, with two (2) one (1) year extension options, for a total of five (5) years; and
WHEREAS, as of February 20, 2019, the Co-Owners received six (6) proposals for professional services in response to the RFP; and
WHEREAS, an evaluation committee was assembled representing all three (3) Co-Owners to evaluate the proposals for property management services for the Office Building, and selected Oxford Development Company as the responsive and responsible firm; and
WHEREAS, this procurement was conducted in accordance with applicable federal, state, local, and HACP procurement rules and regulations.
Be it resolved by the Council of the City of Pittsburgh as follows:
Section 1. The Mayor, the Office of Management and Budget, and the Department of Public Works are authorized to enter into a professional service agreement with Oxford Development Company in coordination with the URA and HACP, in the amount of $900,000 to serve as property manager for 412 Boulevard of the Allies, and an additional $4,150,000.00 for the operating expenses of the Office Building. The City, URA, and HACP’s portion of the contract shall be equal to its percentage ownership of the building, with the City’s portion not to exceed $1,841,283.96 over a three (3) year period, with two (2) one (1) year extension options, for a total of five (5) years, chargeable to and payable from the following JD Edwards Accounts:
2019
11101.102200.54.54501.2019
$167,756.72
2020
11101.102200.54.54501.2020
$360,180.24
2021
11101.102200.54.54501.2021
$367,886.99
2022
11101.102200.54.54501.2022
$375,171.87
2023
11101.102200.54.54501.2023
$379,837.61
2024
11101.102200.54.54501.2024
$190,450.55