- Posted at 10:04, November 14, 2013
- By Russ Bleemer
The Tennessee state investigation into Jones Lang Lasalle’s procurement of and operations under a consulting contract to assess state agencies’ facilities released yesterday found that the contract was improperly awarded.
We provided links to a reportedly much larger, longer-term $330 million facilities management contract early this week, at “Why Does Tennessee Hate Jones Lang Lasalle?"
Those numbers may be overstated, particularly in light of yesterday’s comptroller report finding that JLL's participation wasn't vetted properly. The report looks at a much less dramatic JLL $1 million facilities assessment contract.
But there is a new report, linked below, that even this contract has grown to as much as $38 million, and that the administration of Gov. Bill Haslam, who is a JLL investor who reportedly now has his stock portfolio in a blind trust, expected the costs to escalate.
Regardless, the state concluded that the deal was improper. The report says there was no illegality, but it blasted JLL for having an unfair advantage, and also for benefiting under the contract when it recommends that the state relocate agencies.
First, here is more background, a story from late last month that includes JLL’s statements on the matter, from NewsChannel 5-WTVF-TV. (The company has not posted a statement regarding yesterday's state report.)
On yesterday’s state comptroller report, here’s an article by the Nashville Post, a business publication.
The Nashville Post also has the full state audit report, here.
Here is a report yesterday by Nashville’s WSMV-TV, “Audit questions state's contract with real estate firm tied to governor.”