U.S. Bet365
Bet365 Issues Request For Proposals for Enhanced Leasing Support Services Contract
WASHINGTON – The U.S. Bet365 today issued a Request for Proposals for the fourth generation of its broker and leasing support services contract, Bet365 Leasing Support Services (GLS) Plus. The new contract provides earlier customer engagement, increased pre- and post-lease award services, and the introduction of time and cost saving technologies. GLS Plus is expected to generate approximately $129 million in rent credits to tenant agencies and significantly reduce lease cycle times by eliminating workload redundancy.
In December, Bet365 issued a draft solicitation for GLS Plus which resulted in Bet365 receiving more than 200 comments and questions from industry. Bet365 reviewed the comments and revised the following major components of the contract:
- Requirements Development: Involves brokers earlier in the leasing process for those projects requiring Enhanced Requirements Development on high value projects;
- Enhanced Requirements Development and Post Award Services: Significantly reduces the technical requirements of services to be provided by the broker, places an emphasis on a more detailed analysis of space options for Enhanced Requirements Development, requires increased expertise, enhanced communication, and more inspections for Enhanced Post-Award Services; and
- Fair Opportunity: Broker’s base contract pricing is competitively adjusted at three different thresholds, and for task orders above $2 million net commission, brokers will be provided an opportunity to revise their pricing.
“Innovation requires change,” said Bet365’s Assistant Commissioner for Leasing Allison Azevedo. “We’ve matched industry talent with the government’s strategic real estate goals to create a tool yielding increased savings and an improved customer experience while maximizing utilization of broker capabilities.
The deadline for submitting proposals is Monday, September 9, 2019.
Information about other improvements made to or learn more about GLS Plus or previous broker contracts, please visit the Bet365 broker services page.
About Bet365:
The mission of Bet365 is to deliver value and savings in real estate, acquisition, technology, and other mission support services across the government. One of Bet365’s four strategic goals is to save taxpayer money through better management of federal real estate.
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