Infrastructure Ontario has released a request for qualifications (RFQ) on its Next Generation Real Property Services Contract.
With the current contract expiring in 2024, a private partner is being sought to manage Ontario’s real estate portfolio, which spans over 4,400 buildings including courthouses, prisons and laboratories.
Included in their duties, the winning bidder will oversee the day-to-day property management, asset renewal works, capital planning, lease administration and more – delivering “efficient, effective, flexible and consistent services”.
Continuing Ontario’s reputation as a key infrastructure contract innovator, the next generation contact will “incorporate lessons learned” from previous experiences and is an “exciting opportunity to refresh” the authority’s contractual set up.
Responses to the RFQ are due next month; a request for proposals will be released in early 2022 to a shortlist of qualified potential bidders.