Summary On October 8, 2015, the City solicited formal proposals from qualified vendors to retain professional services to provide a comprehensive market study/economic analysis for the Community Redevelopment Area's existing economic base; the market for potential for future/new businesses; opportunities and activities that would draw visitors; a branding component; and recommendations for implementation of the findings of the study.
The Request for Proposals closed on October 29, 2015 at 3:00 P.M.
The City received three (3) proposals. All proposals qualified. The proposals were received from Catalyst with a proposal cost of $42,525.00, Urbanomics with a proposal cost of $24,500 and from Redevelopment Management Associates (RMA) with a proposal cost of $60,630.00.
A Ranking Committee was formed to review, evaluate and rank the proposals. The Committee Rankings are as follows:
1st Ranked - Redevelopment Management Associates (RMA)
2nd Ranked - Urbanomics
3rd Ranked - Catalyst
Staff held negotiations with top-ranked RMA that resulted in a revised cost for the services totaling $50,000. Staff recommends to proceed with awarding RFP 2016-01 to Redevelopment Management Associates (RMA). |