Concourse provides a wide range of real estate, studies & analysis, and information technology consulting services to its clients from defining the program requirements through implementation. Select tasks associated with Concourse's services are as follows:
Built-to-Suit / Lease-Construction Projects
The federal government utilizes private sector developers to finance, develop, construct, and manage build to suits that that are occupied by a federal agency (tenant). Concourse provides federal consulting support by drafting the Solicitation for Offers (SFO), analyzing the offeror’s financial strength, reviewing the proposals and assisting with the overall acquisition. Concourse assists its clients in eliminating awards that do not result in construction of a facility, reducing lump sum payments made by the tenant agent, reducing bid protests, exercising greater due diligence throughout the acquisition process, and increasing private sector interest. Concourse assists the government with preparing and executing its acquisitions in accordance with Federal Acquisition Regulations and agency-specific guidelines. Support includes initial planning of an acquisition through contract award, evaluation of proposals, financial analysis and evaluation, milestone/schedule tracking, price and cost estimating, financial status tracking, market assessment, and providing financial analysis reports.
Enhanced Use Leasing
Enhanced Use Leasing (10 USC 2667) refers to the leasing of land and buildings from the government to private developers on a long term basis. The Enhanced Use Leasing Program gives the military and other government agencies the ability to lease government property for use by the private sector for development. Through this public private cooperation, value can be unlocked for both the government and private sector developers. Concourse has positioned itself as a leader in Enhanced Use Leasing representing The Department of Veterans Affairs and the Air Force as well as private sectors clients at EUL projects that include the Redstone Arsenal EUL in Huntsville, Alabama, and the Camp Navajo EUL in Flagstaff, Arizona, and Snake Creek EUL in Miramar, Florida.
Case Study: Enhanced Use Leasing
Military Housing Privatization
In 1996, Congress granted broad authority to the Department of Defense (DoD) to privatize military family housing on active military bases in order to expedite the upgrading of the facilities and increase retention of service personnel. The benefits to the DoD of the program include, improvement of existing housing at lower cost to the Government, construction of more housing built to market standards, leveraging of limited DoD funds with private sector resources, and reduced time and cost to deliver improved housing. Much of the family housing has been successfully privatized, the next wave of housing privatization is the privatization of barracks (Bachelor Enlisted Quarters or unaccompanied personnel housing) to achieve a cost effective means of upgrading these facilities. Because DoD views housing as a key factor affecting quality of life, the services have initiated plans to improve barracks living conditions. The Navy has awarded two PILOT projects and has an immediate goal to provide barracks for approximately 20,000 sailors who currently live aboard ships even when in homeport.
Concourse is a leader in military housing privatization and understands the unique requirements of the military housing privatization program. Our principals and staff have 20 years experience in the military housing privatization and has considerable expertise in creating economic models and feasibility analysis, developing RFQs and RFPs, evaluating developer responses, and structuring the financing and the transaction closing. Concourse has been involved in 32 military housing privatization resulting over a billion dollars worth of successful development.
Case Study: Military Housing Privatization
Real Property Exchanges
The U.S. Army and the U.S. Army Reserves (USAR) have properties that are eligible for exchange under their respective exchange programs. The USAR owns properties throughout the United States that are improved with USAR facilities. As result of new development and changes in land values surrounding the USAR properties, many of these facilities are on land that is better suited for a higher commercial use. The USAR, by offering fee simple interest in these properties to the marketplace in exchange for existing and/or to be constructed facilities, can update its inventory of training facilities without incurring additional cost. This exchange program, known as Real Property Exchange (RPX), is conducted under the legislative authority of 10 USC 18240. As consideration for the property (Exchange Parcel), the Government requires the developer (Exchange Partner) to provide replacement facilities as new construction or construction of additions or alterations of existing facilities on Government property. The Army's exchange program, Milcon Exchange (10 USC 2869), is similar to the Army Reserve's exchange program, and allows for real property assets to be exchanged for Milcon Construction.
Concourse has established itself as a leader in Exchanges. The Air Force recently engaged Concourse to execute its first exchange under this authority at Lynn Haven Florida, near Tyndall AFB. The project entailed transferring 40 acres to a local university to establish a satellite campus and 144 acres to a developer for private development. The award was made in 2008.
Case Study: Real Property Exchange
Project Management
Whether your project is a build-to-suit construction project, Enhanced Use Leasing, Military Exchange or a hybrid solution, Project Management is a key component to ensuring the project is completed on time and on budget. Concourse has managed over $2 billion in government real estate transaction for a diverse group of federal agencies. We have proven methods, yet are flexible enough to meet any agency's unique real estate project requirements.
Case Study: Project Management
Asset Management
The Federal Government manages a diverse real property inventory, broken down into three asset types: buildings, structures, and land. The Federal Government's FY 2008 real property portfolio consists of almost 896,000 buildings and structures with a total area of 3.29 billion square feet and more than 41 million acres of land.
Our solution leverages the power of the web. Using a simple web browser organizations are able to collaborate across the entire enterprise. Our solution is designed to help organizations cost-effectively maintain and distribute accurate facilities and infrastructure management information across the enterprise. A flexible suite of activities lets organizations easily grant access to end-users based on their specific needs and workflow. Role based security keeps everyone's data securely partitioned, while consolidated reports and personalized dashboards let authorized users flag exceptions, monitor progress, and manage to results.
Case Study: Asset Management
