egress

CBRE selected to manage B.C. government portfolio

Wednesday, July 10, 2019

CBRE has been selected to provide facilities and project management and related services across the Province of British Columbia’s 17-million-square-foot real estate portfolio.

Managed through the Province’s Ministry of Citizens’ Services (Ministry), the portfolio contains a mix of leased, owned and managed assets. Under the five-year contract, the company will provide repairs, maintenance, landscaping, janitorial and construction services at government facilities, such as courthouses, warehouses, correctional centres and government office buildings.

The Ministry’s Real Property Division is responsible for providing innovative, responsive and cost-effective real property services to the public sector. Through a fair, open and collaborative procurement process, the Ministry identified CBRE as the service provider that would deliver maximum value to the Province through high service quality, innovation and a broad range of experience in implementing industry-leading best practices.

“The goal of our bid process was to identify a service provider to deliver services that align with our key government priorities, like our Clean BC Government Buildings Program,” said Sunny Dhaliwal, Assistant Deputy Minister, Real Property Division, Ministry of Citizens’ Services.

“This new agreement will ensure British Columbians get the best value for money, provides social benefits to people and businesses, and creates good-paying jobs while improving the condition and performance of our buildings. We’re confident we’ve found a strong partner with CBRE.”

Werner Dietl, President and CEO of CBRE Limited said, “We’re excited to support the Ministry in its mission of delivering efficient and effective services. We also are eager to implement the solutions we’ve developed from managing 6.1 billion square feet of facilities globally and from managing other large, prominent, public portfolios in Canada.”

The five-year contract, which starts in April 2020, will earn the firm $190 million a year. It also allows for two optional five-year renewals.

 

 

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