The award of Solicitation 2025-0031R Real Estate Appraisal Services - Airport to the following suppliers: 1) CBRE, Inc., 2) Steve R. Gragg dba Gragg Risk Management, LLC, 3) Lowery Property Advisors, LLC and 4) Wilkinson, Pendergras & Associates, LP, for a total estimated amount of $500,000.00. This contract will implement on-call professional appraisal services to assist the El Paso International Airport department with expediting and completing tasks for real estate transactions. Contract Variance: N/A Department: El Paso International Airport Award to Supplier 1: CBRE, Inc. City & State: Atlanta, GA Total Annual Estimated Award: $25,000.00 Total Initial Term Estimated Award: $75,000.00 Total Option Term Estimated Award: $50,000.00 Award to Supplier 2: Steve R. Gragg dba Gragg Risk Management, LLC City & State: El Paso, TX Total Annual Estimated Award: $25,000.00 Total Initial Term Estimated Award: $75,000.00 Total Option Term Estimated Award: $50,000.00 Award to Supplier 3: Lowery Property Advisors, LLC City & State: Irving, TX Total Annual Estimated Award: $25,000.00 Total Initial Term Estimated Award: $75,000.00 Total Option Term Estimated Award: $50,000.00 Award to Supplier 4: Wilkinson, Pendergras & Associates, LP City & State: El Paso, TX Total Annual Estimated Award: $25,000.00 Total Initial Term Estimated Award: $75,000.00 Total Option Term Estimated Award: $50,000.00 Initial Term: 3 Years Option Terms: 2 Two (1) Year Options Total Contract Time: 5 Years Total Annual Estimated Award: $100,000.00 Total Initial Term Estimated Award: $300,000.00 Total Option Term Estimated Award: $200,000.00 Total Estimated Award: $500,000.00 Account(s) 562-3000-62030-521020-P6202 Funding Source(s): Airport Enterprise District(s): 3 This was a Request for Qualifications Procurement service contract. The Purchasing & Strategic Sourcing and El Paso International Airport Departments recommend award as indicated to 1) CBRE, Inc., 2) Steve R. Gragg dba Gragg Risk Management, LLC, 3) Lowery Property Advisors, LLC and 4) Wilkinson, Pendergras & Associates, LP the highest ranked offerors based on the evaluation factors established in the evaluation criteria for this procurement. It is requested that the City Manager be authorized to establish the funding sources and make any necessary budget transfers and execute any and all documents necessary for execution of this award. In accordance with this award, the City Manager or designee is authorized to exercise future options if needed. Additionally, it is requested that the City Attorney's Office review and that the City Manager or designee be authorized to execute any related contract documents and agreements necessary to effectuate this award.

Request for Proposals Agenda Ready Introduced December 2, 2025

What this record is

Held by: Gragg Risk Management, LLC
Runs until: December 2, 2027 1 years away calculated from the contract term stated in the record
Type: rfp
Field: Professional services

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