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Pennsauken board authorizes RFP for real estate broker to locate new bus depot

Pennsauken Township Board of Education · November 18, 2025

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Summary

The board authorized the School Business Administrator to advertise a Request for Proposals for professional real estate broker services to identify and negotiate acquisition or lease options for relocating the district Transportation Department (bus depot).

The Pennsauken Township Board of Education voted on Nov. 18 to authorize the School Business Administrator/Board Secretary to prepare and publicly advertise a Request for Proposals for Professional Real Estate Broker Services. The RFP will seek brokers to identify, evaluate and negotiate potential properties for relocation of the district Transportation Department (bus depot) and may include acquisition, lease or other real estate transactions.

The resolution cites N.J.S.A. 18A:18A-5(a)(1) on procurement and requires the fair-and-open process under N.J.S.A. 19:44A-20.4 et seq.; the board reserved the right to reject any or all bids and to waive non-material informalities. The motion was part of the consent agenda and was approved as presented.

The board said the broker services will include market analyses, valuation advice and negotiation support. The School Business Administrator/Board Secretary is authorized to implement the procurement process and ensure compliance with applicable state laws and regulations.