Call For Tenders
Tender No. RQQ-2021-REPC-624
Metrolinx is issuing this Request to Qualify and Quote (RQQ) to retain the services of Vendor(s) and establish a Vendor of Record (“VOR”) Agreement to provide the goods and/or services described herein.
Metrolinx is accepting Submissions for the provision of Realty Business Valuation Services for Property Acquisition to be delivered on as needed basis for Request No. RQQ-2021-REPC-624.
Metrolinx is a crown agency of the Government of Ontario under the Metrolinx Act, 2006, reporting to the Ministry of Transportation. It was created to improve the coordination and integration of all modes of transportation in the Greater Toronto and Hamilton Area (GTHA). The Metrolinx mandate includes delivering the best possible transportation services today while leading the way to an even better, more convenient service tomorrow; making the best possible use of public transportation investment dollars; and measurably improving the quality of life in the region.
Metrolinx is embarking on several capital programs including the Go Rail Expansion, Rapid Transit (RT), and Subway Expansions (and other Metrolinx Programs) to provide faster, more convenient ways to transport people in the Greater Toronto Area (GTA). The infrastructure works planned under these and other programs (e.g. electrification, new tracks, grade separations, construction staging etc.) will require realty business valuation services of properties identified as municipal/private/conservation authority (CA) lands. There is a need to quantify the extent of business operational impact resulting from acquisition and construction activities to reduce legal, financial and reputational risks to Metrolinx.
The objective of this Request to Qualify and Quote (RQQ) is to solicit proposals from Proponents for the provision of Realty Business Valuation Services for Property Acquisition Programs on an emergent basis over a two-year term, with three additional option years which will be exercisable at Metrolinx’s sole discretion. The requirements are more particularly described in Scope of Work of this Request Document.
ELECTRONIC BID SUBMISSION will be accepted until 3:00 p.m. on July 8, 2022.
***NOTE: ELECTRONIC BID SUBMISSION
Your Submission for this opportunity must be sent to Metrolinx through the use of MetrolinxMERX EBS. Bidders shall be solely responsible for the delivery of their Submission using MetrolinxMERX EBS by the Closing, in accordance with the Instructions to Bidders.
Only Consultant who possess the following experience and qualifications will be considered for award of this Contract:
(A) Ten (10) years of experience with realty Business Valuation services.
(B) Ten (10) years of experience in real estate brokerage, valuation or consulting services.
(C) Ten (10) years of experience in public real estate, corporate real estate, or public infrastructure projects infrastructure projects.
Metrolinx reserves the right to reject any or all Submissions at its sole discretion.
