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SummitRed Risk

ClosedPublic Works & Infrastructure

Notice of RFQ - Summit Broad St West Redevelopment - Receipt of Proposals 7/26/18

BID #: 47

ISSUED: 6/28/2018

DUE: 7/26/2018

VALUE: TBD

Rating

Risk Rank

Red Risk

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Executive Summary

The City of Summit is seeking a qualified developer for the redevelopment of the Broad Street West Redevelopment Area. The goal is to create a well-integrated, mixed-use area linked to the downtown and key city assets through multi-modal transportation networks. The project aims to foster urban growth adjacent to the Central Retail Business District (CRBD) and the train station through a public-private partnership. Proposals must be delivered to Summit City Hall by July 26, 2018, at 4:00 PM.

Detailed Risk Breakdown

local preference

Evidence Detected

4 CLAUSES FOUND

"...port the Department of Community Programs in developing and implementing a comprehensive permanent or temporary concession strategy that promotes local business and generates revenue that supports Village Green maintenance. Î Î Continue to support the programming of the Village Green that includes events..."

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performance bond

No Flags Found

liquidated damages

Evidence Detected

2 CLAUSES FOUND

"...olled for use by downtown employees or commuters who must purchase a pre-paid permit (and not pay the meter) or a general permit (and pay the meter $4 per day). The on-street parking time limit in the CBD core is mostly 90 minutes however, there are quite a few 3-hour and 5-hour limit on-street spaces co..."

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