TO: CRA Board of Commissioners
FROM: Christine Tibbs, Assistant Director
THROUGH: Renée A. Jadusingh, Executive Director
DATE: April 25, 2023
Title
98 NW 5TH AVENUE PROPERTY MANAGEMENT ON BEHALF OF THE DELRAY BEACH CRA - REJECTION OF PROPOSALS SUBMITTED FOR REQUEST FOR PROPOSALS CRA NO. 2023-01 - COMMERCIAL PROPERTY MANAGEMENT SERVICES FOR 98 NW 5th AVENUE; APPROVE RENTAL RATE FOR FIRST FLOOR BAYS; AND APPROVE THE RE-ISSUANCE OF A REQUEST FOR PROPOSALS FOR PROPERTY MANAGEMENT SERVICES
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Recommended Action:
1) Reject all Proposals submitted for the Request for Proposals (RFP) CRA No. 2023-01 Property Management Services for 98 NW 5th Avenue; and
2) Approve rental rate for first floor tenant bays at 98 NW 5th Avenue; and
3) Approve the re-issuance of an RFP for property management services for 98 NW 5th Avenue.
Background:
Request for Proposals (RFP) CRA No. 2023-01 Property Management Services for 98 NW 5th Avenue:
On January 25, 2023, the RFP CRA No. 2023-01 was issued for Property Management Services for 98 NW 5th Avenue. The CRA was seeking an entity experienced in commercial property management to oversee and maintain the building located at 98 NW 5th Avenue and aid in managing the tenants that will be located in the building.
Prior to the extended Proposal Submittal Due Date of March 16, 2023, there were numerous questions submitted seeking clarification and additional information related to the monthly rent expected to be paid by the tenants. At the time of issuing the RFP, the monthly rent was not finalized. As such, on the Proposal Submittal Due Date, only one Proposal was submitted.
On page 18 of the RFP, the CRA “reserves its right to cancel this RFP at any time, and/or reject all submitted Proposals, and/or re-issue the RFP.” To ensure that the CRA contracts with an entity that serves the best interest of the CRA and the CRA District, and the necessary property management services is performed, CRA staff recommends canceli...
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