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HomeMy WebLinkAboutCRA-R-16-0055 Backup part 2MICHELLE SPENCE-JONES Board Chair CLARENCE E. WOODS, III Executive Director SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY REQUEST FOR PROPOSALS (RFP #13-003) BLOCK 55 Plat Book "B" Page 41 249 NW 6th Street Miami, Florida ADDENDUM #1 - July 11, 2013 This addendum should be considered a supplement to the original RFP that shall provide clarifications to the questions and/or comments posed during the additional information and clarification period. 1. EVALUATION CRITERIA Responses shall be evaluated according to the following criteria and respective weight: Rating Factor Maximum Points • Proposer's Experience and Qualifications, overall capability of the development team, specifically as it pertains to the proposed development • Proposer's Team Experience (incl. Project Manager) • Proposer's organization structure and financial strength including: o Financing Capabilities o Demonstration of additional funding sources o Balance Sheet o Ability to Indemnify • Development Concept including: o Overall Compatibility with Redevelopment Plan o Live/Work/Play concept SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI 1490 N.W. 3rd Avenue, Ste. 105. Miami, FL 33166 Tel (305-679-6800. (305)-679-6835 10 10 25 20 • Economic viability of the project and evaluation of market and cash flow analyses, pro forma, including evaluation of market and financial assumptions and their reasonableness based on current market conditions • Economic return to the CRA to be measured in terms of lease payments, property taxes, CRA's tax increment, and any other financial returns benefiting the CRA • Project schedule and timelines 2. AUDITED FINANCIAL STATEMENTS 20 10 5 The selected proposer shall be required to provide audited financial statements supporting the proposer's representations in the response SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI 1490 N.W. 3rd Avenue, Ste. 105. Miami, FL 33166 Tel (305-679-6800. (305)-679-6835