REPORT TO COUNCIL
SUBJECT
Title
Action on Amendment No. 5 to the Agreement with Hulberg and Associates, Inc., DBA Valbridge Property Advisors for consulting services associated with the Related Santa Clara Development Project
Report
COUNCIL PILLAR
Promote and Enhance Economic, Housing and Transportation Development
BACKGROUND
In April 2018, the City entered into an agreement with Hulberg and Associates, Inc., DBA Valbridge Property Advisors (Valbridge) to provide appraisal services and trial support for potentially two separate eminent domain actions associated with the relocation of Stars and Stripes Drive as necessary to facilitate the construction of the Related Santa Clara project. Valbridge was selected in coordination with outside legal counsel because of their vast trial and expert witness experience on valuation and with eminent domain cases.
Since that time several amendments have been executed as follows:
* Amendment No.1 was executed October 29, 2018 to increase the total contract amount by $9,000 for a total not to exceed contract amount of $99,000.
* Amendment No. 2 was executed on July 30, 2019 to extend the contract term to July 31, 2020.
* Amendment No. 3 was executed on October 21, 2019 to increase the total contract amount by $70,000 for a total not to exceed contract amount of $169,000.
* Amendment No. 4 was executed on January 20, 2021 to extend the term of the agreement from July 31, 2020 to July 31, 2021.
Valbridge is one of the largest independent commercial property valuation and advisory services firms in the United States. Norm Hulberg, principal in Valbridge's San Jose office, has been providing commercial appraisal services in Northern California since 1976.
DISCUSSION
The City's Purchasing Manager reviewed this recommendation and concurs that a competitive solicitation is not required at this time because the original scope of services has not changed, and external factors are resulting in an extended timeline for ...
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