TO: CRA Board of Commissioners
FROM: Krista Walker, Contract Manager
THROUGH: Jeff Costello, CRA Executive Director
DATE: July 12, 2018
Title
THIRD AMENDMENT TO DEVELOPMENT SERVICES CONTINUING CONTRACT AGREEMENTS - PMG ASSOCIATES, INC., REDEVELOPMENT MANAGEMENT ASSOCIATES, LLC, IBI GROUP FLORIDA, INC., AND WTL+A
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Recommended Action:
Recommendation
By separate motions:
1. Approve the Third Amendment to the Agreement with PMG Associates, Inc. to provide for Project Development, Financial, and Real Estate Management Analysis and Services, and extend the term for a period of twelve (12) months, expiring on August 13, 2019.
2. Approve the Third Amendment to the Agreement with Redevelopment Management Associates, LLC to provide for Project Development, Financial, and Real Estate Management Analysis and Services, and extend the term for a period of twelve (12) months, expiring on August 13, 2019.
3. Approve the Third Amendment to the Agreement with IBI Group Florida, Inc. to provide for Project Development, Financial, and Real Estate Management Analysis and Services, and extend the term for a period of twelve (12) months, expiring on August 13, 2019.
4. Approve the Third Amendment to the Agreement with WTL+a to provide for Project Development, Financial, and Real Estate Management Analysis and Services, and extend the term for a period of twelve (12) months, expiring on August 13, 2019.
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Background:
At the May 9, 2013 CRA Board Meeting, a Request for Qualifications was issued to provide services associated with redevelopment projects including fiscal analysis, market analysis, preparation of pro formas, and other planning and real estate related services to be performed on a continuing contract basis.
On June 27, 2013 the CRA Board directed Staff to enter into contract negotiations with the following four (4) firms:
1. PMG Associates, Inc. (“PMG”)
2. Redevelopment Management Associates, LLC (“RMA”)
3. IBI Group Florida, Inc. (“IBI Group”)...
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