New Hampshire Code of Administrative Rules
Tra - Commissioner, Department of Transportation
Chapter Tra 1000 - PROCESS FOR MARKETING AND SALE OF STATE OWNED PROPERTY UTILIZING REAL ESTATE PROFESSIONALS
Part Tra 1003 - PROCESS FOR PRE-QUALIFICATION AND SELECTION OF REAL ESTATE PROFESSIONALS AND SALE OF STATE-OWNED PROPERTY
Section Tra 1003.01 - Pre-Qualification Process

Universal Citation: NH Admin Rules Tra 1003.01

Current through Register No. 12, March 21, 2024

(a) Every 3 years the department shall solicit interest by advertisement in newspapers and written contact to professional real estate organizations.

(b) When the department receives notice that a real estate professional is interested in pre-qualification, the department shall send the interested real estate professional a list of the pre-qualification criteria appearing below at Tra 1003.01(d).

(d) The real estate professional shall submit a proposal to the department containing the following:

(1) Qualifications and experience of key personnel;

(2) Staffing capacity and personnel coverage within the region;

(3) Sample market analyses;

(4) The real estate professional's field of expertise, whether it is residential property, commercial/industrial property or vacant land;

(5) Past experience and success selling properties in the real estate professional's field of expertise;

(6) Which region(s) of the state they are willing to accept work in.

(7) Name of the real estate professional submitting proposal;

(8) Complete address;

(9) Date of submission; and

(10) Telephone number.

(e) Every 3 years the pre-qualification committee shall review the proposals submitted to the department and determine whether the real estate professional has submitted information required in Tra 1003.01(d) and demonstrated competence and qualifications based on experience in the appropriate real estate specialty to market and sell state-owned property advertised by the department. Once pre-qualified, the real estate professional shall be placed on the pre-qualified list and assigned to one or more regions, as requested by the real estate professional pursuant to Tra 1003.01(d) (6).

(f) Once the pre-qualification committee determines which real estate professionals shall be pre-qualified, all real estate professionals who submitted a proposal shall be notified of the pre-qualification committee's determination and that the department shall contact them once property has been deemed surplus and is to be sold by a real estate professional. Pre-qualified real estate professionals shall be placed on the pre-qualified list. They shall remain on the list for a period of 3 years, unless the real estate professional fails to continue to meet the pre-qualification requirements. Real estate professionals who are not pre-qualified shall be notified of their right to appeal pursuant to Tra 1003.05.

#8536, INTERIM, eff 1-6-06, EXPIRED: 7-5-06

New. #10209, eff 10-23-12

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