PROFESSIONAL_SERVICESAWARDED

City of Long Beach Awards Professional Services Contract to Kidder Matthews (May 2025)

Long Beach will award Kidder Matthews a contract under RFP ED-23-305 for as-needed real estate broker services, sharing in an aggregate pool up to $600,000 over two years with three optional one-year renewals. The firm may also enter listing agreements for City-owned properties with commissions capped at six percent.

Status
AWARDED
Document date
May 20, 2025
Contract type
PROFESSIONAL_SERVICES
Vendor
Kidder Matthews
Agency
City of Long Beach · CA

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Aggregate amount not to exceed $600,000 (shared across all awarded firms); commissions not to exceed 6% of gross sales price
Contract type
PROFESSIONAL_SERVICES
Contract term
Two years, with option to renew for three additional one-year periods
Renewal
Two-year initial term for broker and listing services with three optional one-year renewals at the City Manager’s discretion.
Document type
Agenda
Source document
city-of-long-beach-city-council-agenda-may-20-2025_f0b.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by City of Long Beach?

Kidder Matthews was awarded this professional services contract by City of Long Beach, as recorded on May 20, 2025. The contract value is Aggregate amount not to exceed $600,000 (shared across all awarded firms); commissions not to exceed 6% of gross sales price.

How much is the Kidder Matthews contract with City of Long Beach worth?

The Kidder Matthews contract with City of Long Beach is valued at Aggregate amount not to exceed $600,000 (shared across all awarded firms); commissions not to exceed 6% of gross sales price, covering professional services work.

What type of contract is this?

This is a Professional Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in city-of-long-beach-city-council-agenda-may-20-2025_f0b.pdf (Agenda), dated May 20, 2025 from City of Long Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Kidder Matthews hold?

Kidder Matthews may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Kidder Matthews's profile

What is City of Long Beach currently buying?

Explore City of Long Beach's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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