Agency Administration Dept

Contractor Lake State Realty Services, Inc

SWIFT Contract Number 259661

Project Name 02Hp0016 Appraisal Chilled Wtr

Project Number (if applicable) 02HP0016

Summarize purpose of the contract, including why it was necessary: Evaluation of real property and infrastructure related to the Capitol chilled water loop as part of negotiations to convey to District Energy

Project Duration

Start Date Tue, 11/05/2024 - 00:00

Original end date Mon, 06/30/2025 - 00:00

Actual end date Wed, 04/30/2025 - 00:00

Did project finish on time? Yes

Total billable hours utilized (if applicable) {Empty}

Contract Amounts

Original contract: $60000

Amendments {Empty}

Contract total $60000

Did project finish within budget? Yes

What was the funding source? FMD operating budget

Is this a sole source contract? Yes

If this was a single source contract, explain why the agency determined there was only a single source for the services (if applicable) Equity Select - (Woman owned); Appraisal firm also had experience valuing infrastructure, which is fairly specialized.

Evaluator Name Greg Ewig

Evaluator Email Address greg.ewig@state.mn.us

Evaluate the contractor's timeliness Very responsive

Evaluate the contractor's quality Appraiser was an excellent partner and helped navigate and frame the valuation issues appropriately

Evaluate the contractor's cost Very appropriate

Evaluate the contractor's overall performance Contractor coordinated subconsultant (engineering) firm to assist in the effort

Would you engage the contractor's services again? Yes

Describe any negative action taken during the duration of this contract (i.e., termination, pursuit of suspension, etc.): None

Please rate the overall experience with the contractor 5 - very satisfied