Loading...
HomeMy WebLinkAbout11/19/1991, C-3 - OPEN SPACE FINANCIAL ANALYSIS REQUEST FOR PROPOSAL AND QUALIFICATIONS (RFQ/RFP) iiie�l�Nu►(�iIIIIIIIIU►'�III I111U City of San LUIS oaISpo NNIMMMMOMM COUNCIL AGENDA REPORT Page 2 -- Open Space Financing FISCAL IMPACT: The budget for the Open Space Element includes $25, 000 for a financial analysis, i.e. , to provide technical data regarding open space financing mechanisms. The attached RFQ/RFP is consistent with the assigned budget.. i OTHER ALTERNATIVES: a. That the City Council: 1. Direct staff to revise the Open Space Financing RFQ/RFP to include additional work items. [If the RFQ/RFP's work scope is expanded, the budget for this item may also need to be increased. ] 3. Have the Finance Department complete the financial analysis. [Due to Finance's current workload the study's completion may be delayed if this option is chosen. ] Attachment: Exhibit 1 - Financial Analysis For Open Space Acquisition RFQ/RFP i I cc.rfp C3-,� IIIIII II III � � IIS ISI � oBsoo 990 Palm Street/Post Office Box 8100 • San Luis Obispo, CA 93403.8100 EXHIBIT 1 November 22, 1991 REQUEST FOR CONSULTANT QUALIFICATIONS AND PROPOSALS FINANCIAL ANALYSIS FOR OPEN SPACE ACQUISITION CONTACT PERSON: Jeanette Di Leo, Long Range Planner (805) 781-7162 C3-3 TABLE OF CONTENTS Page I. INTRODUCTION 1 II. BACKGROUND 1 III. SCOPE OF WORK 2 IV. BUDGET 4 V. QUALIFICATIONS/PROPOSALS EVALUATION AND SELECTION PROCEDURES 4 VI. PROPOSAL REVIEW SCHEDULE 6 VII. SUBMISSION REQUIREMENTS 6 VIII. PRE-PROPOSAL CONFERENCE AND CORRESPONDENCE REGARDING THE RFP/RFQ 8 - i - 054 RFQ/RFP Financial Analysis Open Space Acquisition SUBJECT: Request for Qualifications and Proposals for a financial study which assesses the best way to finance an open space program within the City of San Luis Obispo. I. INTRODUCTION The City of San Luis Obispo requests consultants to submit their qualifications and proposals to conduct a financial study assessing various methods for financing a City Open Space Program. The work covered by this Request for Qualifications and Proposals (RFQ/RFP) will require the consultant to: a. Identify open space funding sources and estimate potential revenues for each source (10-year forecast period). b. Evaluate opportunities and constraints for establishing/using each funding source. c. Review the City's Capital Improvement Plan and evaluate long-term competition for revenue sources identified. d. Estimate the unit cost of commercial, industrial, residential, agricultural, etc. lands within the City and its Planning Area. e. Recommend a ten-year open space funding program which identifies each funding source, its potential revenue, and requisite implementation measures. Consultants with qualifications in finance, economics, and/or economic planning are required. The City prefers an approach with the fewest number of individuals necessary to accomplish this work. II. BACKGROUND The City of San Luis Obispo presently has a population of approximately 42,000, encompassing an area of about 9.5 square miles. The City's Planning Area, located outside the City limits, incorporates an area of roughly 150 square miles. The City of San Luis Obispo is in the process of updating its Open Space Element. This update will identify open space lands within and outside the City (within the Planning Area) which should be preserved and protected as open space. Resources identified as open space within the City will likely include creek corridors, hillsides, and sensitive resource areas (e.g., oak woodlands, etc.). Within the Planning Area, lands that the City will be interested in preserving as open space would include a greenbelt around the City's perimeter, in addition to preservation of important agricultural lands, significant viewsheds, and sensitive or unique resources. - 1 - C3-5 RFQ/RFP Financial Analysis Open Space Acquisition In order protect and preserve open space resources, the City must identify revenue sources. Presently the only revenue source available is monies from the City's general fund. The City has determined that a successful open space program will need alternative funding mechanisms. III. SCOPE OF WORK Phasing of Work The City intends for this work to start in January, 1992. The tentative phasing and schedule is as follows: Task Time KKcy Timin Allowed Participants Kick-off Meeting 1 day C, P, F 01/92 Review Existing Information 2 weeks C, F, A 02/92 Review Funding Options 2 weeks C, P, F 02/92 Meeting to Discuss Alternatives 1 day C, P, F, A 02/92 Draft Report Prepared by Consultant 3 weeks C 03/92 City Review 2 weeks P, F, A 04/92 Final Report Due 2 weeks C 04/92 C = Consultant, P = Community Development Department, F = City Fmmance Department, A = Cay Administration The City reserves the right to revise the sequence of any task or subtask, and/or delete any task or subtask at any time prior to authorizing the consultant to proceed on those tasks and subtasks. The City prefers that the project be completed in a professional and thorough manner, rather than within a specific time frame. Nonetheless,it is expected that final documents will be completed within approximately three months of the award of an agreement for - 2 - 63-4 RFQ/RFP Financial Analysis Open Space Acquisition services so as to permit timely review by the Open Space Element Advisory Committee and incorporation into the Open Space Element. TASK 1: Review Information The consultant would review present land use criteria and existing city finances to determine what level of open space could be acquired through present regulations and revenues. This would include a review of the City's Capital Improvement Plan and funding forecasts. TASK 2: Funding Mechanisms The consultant would review funding sources in terms of current and future potential revenue generation, and ability of the city to borrow against these funds for immediate open space purchases. The city, with input from the consultant, shall determine what financing mechanisms will be evaluated. The following are examples of funding mechanisms that would be evaluated: a. County sales tax increase; b. City impact fees; c. City property transfer tax; d. City Assessment District; e. A bond measure; and/or L Other options or combinations of financing methods. TASK 3: QUportunities and Constraints The consultant would assess benefits and constraints for establishing/using each funding source or combination of sources (including, but not limited to the amount of revenue generated). Benefits would include ease of implementation, ease of administration, etc.; constraints would include such aspects as unreliability of funds, 2/3 voter approval, etc. TASK 4: Evaluate Land Costs In the Area The consultant shall evaluate what land area could be purchased under various scenarios based on current residential, agricultural, commercial, industrial, etc. land prices. General figures would be used considering various land cost components. - 3 - 63-7 RFQ/RFP Financial Analysis Open Space Acquisition TASK 5: ReDOrt Subtask 1: Draft Report A draft report shall be submitted to the City for review prior to proceeding to the final report. The consultant shall submit 5 (five) copies of the report in draft form for City staff review and comment. The consultant shall amend the draft report as may be necessitated. The draft report shall include, but is not limited to those components discussed under Tasks 2 through 4. In addition, the report shall contain recommendations regarding what funding sources should be employed, and when implementation should occur. Subtask 2: Final Rem One camera-ready, fully reproducible copy of the final approved report shall be submitted within 10 (ten) working days of the consultant receiving the city's comments on the draft report TASK 6: OPTIONAL TASK: Participation in Advisory Forums After completion of the study, the consultant may be required to present aspects of the report to the Open Space Element Advisory Committee, the Planning Commission, the Parks and Recreation Commission, and/or the City Council. At the City's option and direction, on a time and materials basis, the consultant would participate in these meetings. Topics would be relevant to the financial analysis. Although this is identified as an optional task, consultant proposals should include cost estimates for at least two public meetings. IV. BUDGET Services will be billed on the basis of actual time and materials expended. In no event shall the maximum total charges exceed $25,000. The consultant shall submit invoices monthly and inform the City's Project Manager when 75 percent of the maximum total charges are reached in order to give the City advance notice prior to approaching the mxitn„m budget A maximum of seventy-five percent of the maximum charges shall be payable upon delivery of the draft report, the remaining 25 percent of the maximum charges shall not be payable until a final report has been delivered to the City. V. QUALIFICATION&ROPOSALS EVALUATION AND SELECTION PROCEDURES Initial Screening To be eligible for further consideration, consultant's qualifications and proposals must meet the following criteria upon submission. Failure to meet these will result in - 4 - C3-8 RFQ/RFP Financial Analysis Open Space Acquisition disqualification. a. Qualifications/Proposals must comply with the submission requirements set forth in Section VII of this RFQ/RFP. b. At least one principal member of the consultant team must have finance, economics, and/or economic planning experience. Evaluation of Oualifications/Proposals Qualifications/Proposals which pass the foregoing initial review will be evaluated by a panel consisting of City staff. Each member of the panel will score each of the consultant's qualifications, the scores of the panel will then be totaled. The panel will assess consultant's qualifications based on the following: Distribution of Points a) Proposal Quality & Responsiveness to RFP 20 b) Consultant Team Experience 20 c) Team's Ability to Carry Out Required Work 20 d) Understanding of the Project 20 e) Project Approach and Organization 20 f) Contract Cost =2 TotalPoints..........................................................._................120 Contract Award Based on the ranking noted above, the City anticipates negotiating a time and materials contract with the consultant obtaining the highest score. If the City and the first ranked consultant cannot reach an agreement regarding the terms of the contract, the City will negotiate with the second highest scoring consultant, and may proceed in succession to the third finalist on the same basis. - 5 - C3-9 RFQ/RFP Financial Analysis Open Space Acquisition VI. PROPOSAL REVIEW SCHEDULE Task Date Issuance of RFQ/RFP 11/22/91 Pre-Proposal Conference 12/11/91 Proposal submission deadline - 5 pm 12/23/91 Panel Review of Consultant Qualifications 01/02/92 Consultant Selection (By Panel) 01/03/92 City Council Review and Approval Of Consultant and Contract 01/92 Consultant Start Work 01/92 VII. SUBMISSION REQUIREMENTS Qualification/Proposals should be mailed to: City Clerk's Office City of San Luis Obispo P.O. Box 8100 San Luis Obispo, CA 93403-8100 Or, hand delivered to: City Clerk's Office City of San Luis Obispo 990 Palm Street San Luis Obispo, CA Submission Deadline In order to be considered, qualifications and proposals must be received by the San Luis Obispo City Clerk's Office by December 23. 1991, 5:00 pm. Number of Collies Required Five copies, numbered from 1 to 5 on cover. - 6 - C3-1d RFQ/RFP Financial Analysis Open Space Acquisition Format An 8-1/2" x 11" format is preferred and should not be greatly exceeded in any case. Letter format is quite acceptable. Elaborate brochures are not encouraged. Where readability dictates, diagrams such as organization charts, work schedules, and flow charts may be larger, but they should be submitted as fold-outs not exceeding 11" x 17". Clarity and conciseness are desired and will be considered in evaluating submissions. Materials should be in the order set below for the inclusions, the first page of each section being titled ("Item A", "Item B", etc.) at the top center. Documents should either: (1) be fully paginated with a table of contents that identifies the location of each inclusion, or (2) be tab-indexed by the corresponding letters used below ("A", 'B", etc.). Inclusions Qualifications/Proposals must include the following: A. A complete list of the firms and individuals comprising the team, with the prime consultant listed first, and the balance of team members listed by discipline. Each entry should name the firm or individuals as they exist as legal business entities, the business address where the work would be done, name and phone number of a contact person, and the relevant credentials held by the firm or individual. B. A summary of the team's capabilities, including specifically stating the size of each firm on the team and listing the services that each member provides that may be needed for this project C. A comparison of final cost estimates and actual completion costs (amount billed to the relevant agency) for projects similar to the proposed project in which the prime consultant had primary or significant responsibility. D. A team organization chart for the proposed work and a list of the individuals proposed to carry out the work, their titles, specific roles, and time availability during the work. E. A description of the experience of the key individuals proposed to do the work for each team firm on the tasks and subtasks. Identify the project manager's experience and interaction with advisory groups (resumes may be included, but should follow this focused description). F. A list of the related projects cited in Item E, above, identifying the client, naming a reference for each project, and stating the phone number and address of the person named as the reference. G. A work plan and schedule for providing the services called for in the Scope of Work. These should be based on the tentative schedule stated in the Scope of Work This - 7 - C3lI RFQ/RFP Financial Analysis Open Space Acquisition G. A work plan and schedule for providing the services called for in the Scope of Work. These should be based on the tentative schedule stated in the Scope of Work. This item should also describe work plan adjustments that would be required if the City changes the work phasing. H. A general estimate of person-hours, correlated to discipline, general activities identified in your proposed work plan, and job classification for each task and subtask in the Scope of Work. L Fee schedules for each firm on the team and all job classes proposed to be involved in the work. J. Since the City is not sure how many meetings the consultant will need to attend, a separate cost estimate should be provided which indicates the expected cost for the primary consultant to attend public meetings. It is expected that the consultant will need to attend at least two public meetings. K A budget which itemizes fee schedules and expected hours of work for each project task. VIII. PRE-PROPOSAL CONFERENCE AND CORRESPONDENCE REGARDING THE RFP/RFQ The Pre-Proposal Conference will be conducted on December 11, 1991, at 2:00 pm, in the Community Development Department, 990 Palm Street, San Luis Obispo, CA. All questions or requests for information submitted in writing will receive a written response from the City. All written requests should be sent to: Jeanette Di Leo, Community Development Department, City of San Luis Obispo, P.O. Box 8100, San Luis Obispo,CA 93403-8100. Telephone communications with City staff are not encouraged, but will be permitted in the interest of timely response. However, it is an explicit provision of this RFP that any oral communication is not binding on the City's proposal process or award of bid. Telephone questions should be directed to Jeanette Di Leo at (805) 781-7162. - 8 - 03-12