1-RFP0742-092626 Development of ROW off the Veterans Memorial Parkway.pdf

Request for Proposals

For Development of Right of Way Located off of the Veterans Memorial Parkway

Nashua NH 03064

RFP0742-092926

September 2026

Overview

The City of Nashua (the “City”) is seeking Request for Proposals (“RFP”) from Real Estate Developers to purchase and develop Right of Way off the Veterans Memorial Parkway, Nashua, NH 03064. The property is undefined at the moment, but is anticipated to be approximately land between the parcel lines of L Fairmont and L Hutchinson Streets or 3 parcel IDs of 62-100, 127-131 and 62-102, respectfully. This land area is generally understood to be the land shown in Attachment A (“the property”). The property is currently in use as Right of Way and the selected Developer will need to go through the process to appropriately change its classification and use along with seeking the proper approvals to be able to achieve the permits and entitlements needed to be able to develop the land.

The Right of Way currently is used for drainage and stormwater retention for the Veterans Memorial

Parkway along with being along with other appropriate public use needed to accommodate the newly developed parkway.

Currently, the property is zoned C Urban Residence and was raw unimproved land prior to the parkway’s development. To the North is a rail line and this land acted as a buffer between the freight rail and the residential neighborhood to the South. The City considers this property to be in a premium location that offers unique residential, mixed-use or commercial development opportunities because of its close proximity to the Everett Turnpike and the City’s Main Street in downtown Nashua and being situated close to the mill yard.

Local Context and Market:

The property, located within approximately 1 - 2 mile(s) of Exit 6 (Broad Street) off the Everett Turnpike, a thriving restaurant scene, large recreational amenities such as Mine Falls Park, the Historic mill yard and relatively new completed Veterans Memorial Parkway surround the land area. The site is close to a new market-rate multi-family housing development on Franklin Street, known as Loft 34. The property itself is burdened with being right of way to support the veterans memorial parkway, which includes assisting with drainage, vegetation management controls, and other ancillary uses. It is further surrounded by environmentally contaminated land of approximately 40 acres to its North known as the Mohawk

Tannery site. These 40 acres housed the Mohawk Tannery and Fimbel door companies. The land is slated to become approximately 550 units of differing types of residential development.

In a larger context the land area is part of a redevelopment strategy where the City is in the process of developing the Nashua River waterfront and the Performing Arts Center under three miles of said property. The City of Nashua also boasts of five Business Districts comprising of professional services, retail and high tech manufacturing industries. These employers attract a vast majority of talents that live or work in the City. Nashua also has a public transit system that is easily accessible across the City. In

2022, the City earned Money Magazine’s designation as one of the Best Places to Live because of employment, dining, entertainment and educational opportunities.

The selected Developer will demonstrate its experience in developing similar properties, which they have acquired. The Developer should have familiarity with laws and practices applicable to municipal real estate matters including relevant local land use and zoning.

The City is willing to work with a prospective Developer of the property to develop a mutually suitable vision and proposal. The City, however, will closely look at submitted proposals and prioritize them according to their potential to improve or remediate the environmentally contaminated land area surrounding the property, offer the highest and best use for the subject property itself along with a vision that will continue to add monetary value and enhance the City overall. The City will expect that the potential development creatively assists the city to ensure what public value being provided now by the subject property is continued or carried through in the redevelopment of the land. The city recognizes that the subject property is have some contributory value and or some other value that is worth exploring for the Nashua taxpayer’s benefit.

The land has been deemed surplus by the City of Nashua due to the lack of need for the entirety of the approximate land area, but the City also wants to make explicit that the land area could be used together with private investment to achieve not only the previously named public accommodations, but the City of

Nashua seeks to put in a multi-purpose pathway along the Veterans Memorial Parkway and some of this land could contribute to achieve this goal. The City would expect a prospective Developer to incorporate this vision into their development plan.

Description of Property

Please see Attachment A of the general locus of the subject land. There is no property description at this time due to the land being used as Right of Way. The selected Developer would need to undertake a survey and develop a legal description. It is generally understood to be approximate land between the roadway/sidewalk and the parcel lines previously named above for L Fairmont and L Hutchinson Streets.

Neighborhood Characteristics

The neighborhood of the property is located in the north western area of the downtown district in the City along Veterans Memorial Parkway. The neighborhood to the south is mainly single family homes and is known as the “Little Florida Neighborhood” and zoning is classified as residential to the south of the property. The property itself is zoned “General Industrial” which allows for commercial and heavy industrial development and use programming. More importantly, the property near the Everett Turnpike making it an attractive development site. The land has the potential of being the beginning of a master planned development and the city would welcome an opportunity to explore improvements that would improve the specific subject land and the surrounding land area. The property’s neighborhood life cycle is unstable due to the environmental challenges that abut the property.

Ownership

The property is currently owned in fee by the City. The property will be transferred by the City via a quit claim deed to the prospective Developer.

Land Tour and Briefing

It is strongly suggested that interested Developers have a representative present at a briefing session/site visit on the date and time cited herein. Failure to attend the briefing will not be an excuse for not submitting all of the required information.

Zoning and Permitting

The property is located in the C Urban Residential zone, which allows for residential development conditions. Further information about applicable zoning requirements can be found at https://www.nashuanh.gov/296/Land-Use-Code. Prospective Developers are responsible for examining all aspects of the property themselves, including applicable federal, state, and local zoning regulations.

Prospective Developers are responsible for determining zoning permitted uses and restrictions affecting the property.

Available Utilities, Environmental and Subsurface Conditions

Prospective Developers are responsible for determining the adequacy and availability of utilities which exist within or serve the property, subsurface conditions that exist on the property (including active and inactive utilities whether documented or not), and environmental conditions or hazardous materials.

https://www.nashuanh.gov/296/Land-Use-Code

Title Information, Easements, Encumbrances, and Restrictions

Developers are responsible for examining the title to the property at their own expense and prior to submitting a response. Prospective Developers are responsible for determining the existence of any encumbrances affecting the property.

Condition of the Property

The property is being sold in “as is where is” condition. It is the Selected Developer’s responsibility to identify, assess, and remediate any contamination as necessary for its proposed development project and otherwise as required by applicable laws, ordinances, codes, orders, rules and regulations, and the

Selected Developer’s will be required to indemnify and hold the City harmless, from and against any and all environmental liabilities arising from its failure to perform such remediation and other environmental matters.

Prospective Developers need to make arrangements and work with the City and if necessary the State of

New Hampshire to ensure the stormwater and drainage containment occurring on the property is mitigated to the satisfaction of all parties that have jurisdiction.

Prospective Developers may do limited inspection and investigation of the property; to the extent it does not cause material damage to the land/property. Any such inspection of the property shall be subject to one (1) or more access agreements to be negotiated by the City and the potential Developer, which shall contain provisions, among others, specifying the scope of permitted investigations, establishing procedures for notice prior to entry upon the property, and providing for insurance and indemnification requirements while also returning the land back to its current state. Invasive testing of the property shall be subject to City prior written consent, in its sole and absolute discretion.

If not conducted prior to the submittal of a proposal, the Prospective Developer, at the Developer’s expense, may complete an investigation of the property, including environmental investigation. Any site investigation, including without limitation, environmental investigation, if conducted, must be completed within the Due Diligence Period. The Selected Respondent shall waive its rights to conduct or complete such investigation if it is not completed within the Due Diligence Period. If requested to do so in writing, the Selected Respondent shall submit all investigatory test results and reports obtained to the City and/or its consultants.

Representations

The City makes all of the above information available to prospective developers solely to facilitate interested Developer’s independent investigations, examinations, due diligence reviews and analyses of the property. The City makes no representation or warranty as to the accuracy, completeness, currency, and/or correctness of any of the information contained in or furnished pursuant to this RFP.

Minimum Proposal Price

The minimum price has not been set. The current land will need to be appraised and it is the City’s expectation that said agreed upon appraisal will represent a market-based price, which the selected

Developer will be required to use as the purchase price. The City will work cooperatively with the selected Developer to the appraiser and appraisal methodology will need to be approved by the City.

The City will consider other factors that provide value to the City, such as a development that clearly demonstrates the ability to create a uniform approach across adjacent parcels in a manner that facilitates an optimum value to the City.

A letter contained in the sealed envelope, outlining and committing to the above is required. Said letter should also outline any off-site mitigation that may be necessary due to conceptual planning efforts made.

General Conditions

A. The City reserves the right to reject any and all proposals when, in its sole opinion, it is in the best interest of the City to do so. The City also reserves the right to waive minor discrepancies, to permit a

Proposer to clarify such discrepancies, and to conduct interviews with all qualified Developers in any manner necessary to serve the best interests of the City. The City further reserves the right to designate a Developer of Record based on written proposals received, without interviews, and to reject any and all proposals if deemed in the City’s best interest to do so.

B. Any fees or other expenses associated with the RFP process are solely the responsibility of

Developers.

C. The City makes no representations or warranties, expressed or implied, as to the accuracy and/or completeness of the information provided in this RFP.

D. Each Proposer shall be responsible for investigating the condition of the property and the City’s title.

The Mayor, Board of Aldermen, , and the City’s employees, agents, representatives and contractors make no warranty or representation whatsoever as to the condition of the property or its suitability for any particular purpose, or the title thereto.

E. Proposals shall be deemed to be public records as determined by the City under RSA 91-A, the state’s

“Right to Know” law. .

Communications

All inquiries about this RFP, including requests for clarification or any additional information, must be submitted in writing to the email address and contact as cited below.

No requests or questions will be accepted after the deadline as cited below. The Proposer must provide the name, address, telephone number, and email address of the person to whom such additional information should be sent.

Responses to questions shall be issued in writing as an Addendum(s) to this RFP. No oral communications may be relied upon. Please note, if a Proposer does not sign the appropriate and applicable addenda there proposals will be disqualified.

Access to City Records

Developers seeking a copy of the Nashua Zoning Ordinance may obtain it at the City of Nashua’s official municipal website at this link: https://www.nashuanh.gov/296/Land-Use-Code

Requests for specific information about the property should be directed in writing to the below email address for questions not to individual City departments. The City does not attest or certify to the accuracy of available data.

Project and Development Objectives

The property is frontage to a major new roadway that brings you to the historic millyard and allows you to enter the downtown. The City views this land as a key welcoming opportunity to the city’s inner-core economy critical for the region and municipality’s success. Specifically, the City views the land as a location for uses that support mixed-use development and economic ripple effects toward expanding the https://www.nashuanh.gov/296/Land-Use-Code economic vibrancy of the downtown and millyard. Economic ripple effects should not be overlooked. As economic ripple impact is crucial, so is the ability to generate tax revenue from the highest and best use of the site. Proposals which expand taxation opportunities are considered more favorable. Proposals that assist in the remediation of the plagued abutting land while also incorporating a master planned development into their proposals will be looked upon more favorably. Partnerships with Federal, State and City governments, in this regard, are considered as supportive of this objective.

A proposal must be supported by a company that has proven experience to proceed to completion of a viable project. Projects which create housing and/or mixed use programming are considered favorable.

Programming that does not generate housing and/or mixed use programming along with a lack of new visitors nor investment in the community, are not considered as positive for this site. If a proposal does not offer future property tax revenue and the highest and best use of the land is not achieved the proposal will not be viewed as favorable.

While the revenue associated with a sale of the Land is important, more important is the long term viability of the site to support the local economy; therefore, the City favors proposals that meet the above guidance and long‐term economic benefits versus the high‐bidder proposal. Selected proposals will also offer drainage and stormwater mitigation.

Acceptable Project Types

The City has a strong preference for development proposals that exceed the requirements below:

A) Development of the land, and, if possible, adjacent parcels, to form an economic gateway to the

City in a form and manner that meets new urbanism principles and the below objectives.

B) A Project that maximizes density and tax revenue.

C) Cleans-up the environmentally sensitive land both on the subject land and abutting properties

D) Mitigates Stormwater/Drainage issues with the subject land

Development Objectives

The prevailing proposal must take into consideration the City’s development objectives, which include:

1. Maximize Development Potential

The Prospective Developer shall make all efforts to expand development beyond the subject parcel by including neighboring properties to expand the favorable economic impacts of the proposal to the greatest extent possible. Proposals which incorporate abutting parcels and have agreements with those land owners for a complete development of the area, are more favorable.

2. Development of a Multi-purpose Path

The City expects the Prospective Developer to provide a Multi-purpose Path. The vision has always been to have a multi-purpose path run the length of the corridor from Broad Street to Pine

Street and the city wants to utilize this opportunity to achieve this community goal

3. Coordination with Public Properties

The City will work with the proposer to facilitate access to adjoining parcels for any properties that are within the public domain. Proposals that clearly articulate the requirements for additional properties within the public domain, shall be considered more favorable.

4. Taxation Return to City

The City favors uses that provide the greatest return for real estate taxes. Proposals that maximize the development potential as cited above and create a high value taxable project, while providing additional taxation benefits, are more favorable.

5. Community Entrance Identity, i.e. “Gateway”

The City views the site as a key welcoming opportunity to the economy of the downtown, and municipality as a whole. The location of the site as gateway to the downtown is a focal point, which warrants a proposal that takes full advantage of this locational benefit. Proposals which provide the highest economic benefit to meet this objective are more favorable.

6. Environmental Clean-up

The City favors proposals that cleans up the environmental contamination on the land and adjacent property. Proposals that outline a vision to clean-up these negative environmental impacts of the area will be looked upon more favorable.

7. Mitigate Impacts

Proposals which demonstrate an effort to fit into the current built environment and do not overburden the existing infrastructure that service the site including, but not limited to proposals that do not substantially generate new traffic movements, predominantly within peak AM and PM periods, are considered more favorable.

8. Complement & Enhance neighborhood Architecture

Proposals which complement or enhance the neighborhood architecture will be considered more favorable.

9. Schedule

Proposals which demonstrate a development schedule which facilitates an expeditious development and a history of on-schedule projects are considered more favorable. Consideration shall be given to the scale and complexity of the development proposals, when compared to each other, and the above criteria.

10. Financial Capacity

Proposals for uses that a Prospective Developer can demonstrate capacity to execute will be viewed more favorable

Instructions to Developers

Proposal Submission Requirements

Developers must submit a complete proposal in order to be considered responsive to this RFP. Failure to complete the enclosed forms, to answer any questions, or to provide the required documentation will be deemed non‐responsive, and will result in rejection of the proposal, unless the City determines that such failure constitutes a minor informality.

A complete proposal shall include all of the following documents and shall be organized in the following manner:

Tab dividers must match the tab letter designations in the RFP, and should appear in the order given in the RFP.

Proposal Format

Cover Letter with the following tabbed exhibits:

If the development proposed is by a separate developer then attached to the cover letter shall be a letter from the prospective developer indicating that there is an agreement in place to facilitate the use of the property in a larger development proposal than the property itself.

Cover Letter Outlining Development Proposal: Stating project goals, approach to meeting development objectives.

Tab A. Proposal Form (Form 1)

Tab B. Price Proposal Form (Form 2) (In a Separate Sealed Envelope) As indicated above, the proposer may provide an alternate means for alternate valuation, based on criteria above and should enumerate a commitment to pay the appraised market value

Tab C. Comparable Experience Form (Form 3)

Tab D. Proposer’s Qualifications Statement

• A summary of the Developer’s organization and experience; resumes of principals; a list of references for o at least three recently completed projects;

o a financial statement; and a disclosure of any liens, foreclosures, bankruptcies, or other actions that would interfere with construction financing or delay the timely progress of the project.

o Developers with prior experience acquiring and redeveloping Land must identify the project(s) and provide one or more references from the city or town from which the Land was purchased.

o A written narrative should be provided to demonstrate the ability to perform as proposed along with prior experience relevant to the proposal. The resumes and relevant experience of the development team members for similar projects should also be included.

Tab E. Technical Proposal

• A conceptual site plan and building elevations of the Project proposed by the Developer, including preliminary specifications, amenities and finishes, landscaping plans, and parking plans, project amenities, and other planned improvements to the Land, sufficient to clearly communicate the development proposal. The proposal should be sufficiently detailed to enable the City to understand the Proposer’s plan for the property.

o A narrative should be included describing any proposed improvements that are not easily depicted on drawings. Sufficient information should be presented on the volume and type of traffic generated and any off‐site improvements needed within public streets.

• The technical proposal shall account for the Proposal’s Evaluation Criteria and all applicable provisions of this RFP that apply to the Development Team and the responsibilities of the Developer of Record.

o The plan may include parcels outside of the subject property. If additional properties are intended to become part of the proposals, then a letter certifying that there is a valid agreement between the land owner and proposer for the sale of the Land must be included. For developments/improvements that are within the public domain, a letter to the City requesting access to the Land must be included.

Tab F. Proposed Project Schedule & Project Budget including Sources and Uses of funds The

Proposer shall submit a Project Schedule that accounts for all major milestones for the

Project, e.g., execution of Disposition Agreement, financing, permitting, design, closing, construction, marketing and sales, so that the Project shall be commenced and completed, and the use occupied as soon as possible.

Tab G. Financial Qualifications Form (Form 4)

Which may include the following:

◼ Balance Sheet or Personal Financial Statement for the company or principals.

◼ Copy of 2017 and/or 2018 Tax Return

◼ Copy of bank or brokerage statement for company or principals

◼ Commitment letter or line of credit from a lender

Tab H. Certification as to Payment of Taxes (Form 7)

Tab K. Corporate Resolution, if a Corporation Or Authorization to Submit Proposal (Form 8)

Expectation Proposed Owner/Developer upon Selection

Purchase and Sale Agreement

Not later than sixty (60) days from the date that the selected Proposer receives notice from the City that the proposal has been accepted, the Proposer must execute a Purchase and Sale with the City. At the time the Purchase and Sale Agreement is executed, a non-refundable deposit of a percentage of the purchase price, in the form of a certified check or money order, shall be payable to the City.

The Purchase and Sale Agreement shall incorporate, at minimum, the terms and conditions cited in the document provided and any items negotiated by the successful Proposer and the City’s designated representative, provided such negotiated items are not inconsistent with this RFP. If the parties fail to execute a Purchase and Sale Agreement within sixty (60) days of notice of award, the City may select the next most beneficial offer. However, for good cause and when it is in the City’s best interests to do so, the

60‐day period for executing the Purchase and Sale Agreement may be extended, subject to written approval by the City. Closing shall occur within thirty (30) days of receipt of all permits, including the expiration of any associated appeal periods. However, the closing shall not occur unless and until the

Proposer has obtained suitable financing, in an amount and form adequate, in the City’s judgment, to complete the Project.

Proposal Evaluation Process & Review Criteria

All proposals received by the deadline will be considered in accordance with this RFP and City purchasing ordinances and policies by the City. Only those proposals which satisfy the minimum criteria will be reviewed and ranked under the “Competitive Evaluation Criteria” below.

Final designation of the Prospective Developer of Record will be made by the City, considering the criteria set forth below. Interviews with Developers meeting the minimum evaluation criteria (or some subset of such Developers selected by the Mayor and/or the Disposition Committee) may be conducted at the discretion of the City, and the City reserves the right to retain any consultants to assist with reviewing the proposals.

Following the proposal review process, interviews and reference checks and receipt of any additional information requested of the Developers, the City will identify the most beneficial proposal from submitted proposals. The City will notify all Developers in writing of the decision.

Minimum Criteria for Responsible and Responsive Proposals

Proposals must meet the following minimum criteria to be considered responsible and responsive to this

RFP:

The Proposal must be complete and conform to all submission requirements set forth in this RFP and any

Addendum to this RFP issued before the submission deadline. Failure to provide the requested information in the proposal will result in the determination that the proposal does not meet the minimum criteria.

Competitive Evaluation Criteria

Proposals meeting the minimum criteria for submission will be judged on the following competitive evaluation criteria:

A. Concurrence with Development Objectives (as outlined above)

1. Highly Acceptable: A proposal that in the judgment of the evaluators meets and exceeds all of the development objectives, as cited and provides specific verifiable information that demonstrates a consistency with those objectives in a manner that is supported by the proposed use and detailed supporting documentation.

2. Acceptable Rating: A proposal that in the judgment of the evaluators meets the majority of the development objectives as cited and provides information that demonstrates a consistency with those objectives in a manner that is supported by the proposed use and supporting documentation.

3. Unacceptable Rating: A proposal that in the judgment of the evaluators does not meet the majority of the development objectives as cited and lacks information that demonstrates a consistency with those objectives in a manner that is supported by the proposed use.

B. Proposer’s Experience and Competency

1. Highly Acceptable: A proposal that identifies a Project Team with five (5) years or more experience in development consistent with the nature of the proposed Project, and, capable of completing the Project successfully and expeditiously, as demonstrated by the Proposer’s track record in developing several high‐quality developments, including but not limited to, properties of similar scope and size; possess the necessary licenses and qualifications to perform the work; highly favorable references for the Proposer and all members of the Project Team; and established working relationships between the Proposer and other members of the Project Team.

2. Acceptable Rating: A proposal that identifies a Project Team capable of completing the Project successfully and in a timely manner, as evidenced by the Proposer’s previous experience and strength of the Proposer’s references; demonstrates successful experience new construction for projects of a similar scope and size; and evidence of working relationships between the Proposer and other members of the

Project Team.

3. Unacceptable Rating: A proposal with insufficient evidence of a Project Team with capacity to complete the Project successfully and in a timely manner, in the opinion of the evaluators; no experience with similar projects; or a proposal that does not include enough information for the evaluators to make a rating decision.

C. Financial Capacity

1. Highly Acceptable: A proposal that in the judgment of the evaluators identifies a Project Team with exceptional financial capacity to undertake the Project, proven by prior experience financing real estate development, including securing any necessary interim financing, ability to provide equity contribution, and ability to secure financing as evidenced by letter(s) from prospective lender(s) and other supporting material and provides a financial Pro forma outlining the total development costs, cash flow, sources of financing in sufficient detail to demonstrate the feasibility of the proposal.

2. Acceptable Rating: A proposal that in the judgment of the evaluators identifies a Project Team with reasonable financial capacity to undertake the Project.

3. Unacceptable Rating: A proposal that in the judgment of the evaluators fails to identify a Project Team with reasonable financial capacity to undertake the Project; or a proposal that does not include enough information for the evaluators to make a rating decision.

D. Proposed Development Schedule

1. Highly Acceptable: A proposal that in the judgment of the evaluators identifies a Project Team with very detailed, short and achievable development schedule identifying all milestones, including but not limited to, pre‐development assessment, permitting, construction phase, and final completion of the

Project in 3 years or less from the date of award.

2. Acceptable Rating: A proposal that in the judgment of the evaluators identifies a Project Team with reasonably achievable development schedule and includes all of the major milestones such that the

Project is completed within 4 years from the date of award.

3. Unacceptable Rating: A proposal that in the judgment of the evaluators fails to identify a Project

Team with a reasonable understanding of the various key milestones from start to finish; a Project

Schedule that is in excess of 4 years from date of award or an impractical development schedule.

E. Proposed Price/Tax Revenue Generation

1. Highly Acceptable: A proposal that in the judgment of the evaluators identifies a Project with the most beneficial technical proposal and a price proposal that meets the City’s expectations which generates the maximum tax revenue for the City.

2. Acceptable Rating: A proposal that provides market based price and in the judgment of the evaluators will generate tax revenue for the City.

3. Unacceptable Rating: A proposal that in the judgment of the evaluators fails to generate any increased tax revenue for the City

*If being used as a contributory the larger valuation in its entirety will be evaluated and an equalized valuation will be developed using a unit of metric by the City to provide fairness to all proposals.

Overall Rating

After evaluating a proposal using the above criteria, the evaluators will provide an overall ranking for the proposal, as compared to other proposals. The evaluators will consider the Price Proposal in determining the reasonableness and advantageousness of the Proposer’s offer.

However, it is possible that a Proposer with a highly beneficial technical proposal will be designated the

Developer of Record even if the Proposer’s price proposal/tax revenue is not the highest bid received. A proposal that achieves “Highly Acceptable ” and/or “Acceptable” ratings in most categories will not necessarily be disqualified simply because it received an “Unacceptable” rating in one category if, in the judgment of the evaluators, the proposal on the whole warrants a “Highly Acceptable” or “Acceptable” rating.

However, any notice of award will be contingent upon the project proponent curing any “Unacceptable” rating prior to execution of the Purchase and Sale Agreement.

INSTRUCTION FOR SUBMISSION OF PROPOSALS:

The City is now accepting proposals electronically via Bonfire. For more information, see the

Bonfire Vendor Registration and Bonfire Vendor Submission. If you choose to submit a paper proposal you must be submit one (1) copy and one digital copy on a USB drive in sealed envelopes clearly marked “RFP0742-092926 ROW Land Sale Veterans Memorial Parkway”. The Price

Proposal should be in a separate sealed envelope marked, clearly labeled “RFP0742-092626 Price

Proposal.”

Regardless of the method of submission the proposal must be received prior to 3:00 pm on

September 29, 2026 Central Purchasing, 229 Main Street, Nashua, Room 11, NH 03060.

Postmarks or other timestamps will not be accepted in lieu of actual delivery. The firm can use whatever delivery mechanism it chooses as long as it remains clear that the firm is responsible for submissions prior to the date and time.

Proposals must be submitted in the format provided and address the items specified in this request for proposals. The City of Nashua may reject any or all of the proposals on any basis and without disclosure of a reason. The failure to make such a disclosure shall not result in accrual of any right, claim or cause of action by any unsuccessful proposal against the City of Nashua. The City of

Nashua reserves the right to waive any irregularities when the public interest will be served thereby. The City of Nashua also reserves the right to negotiate any change or amendment in any proposal without soliciting further requests for proposals if the action is necessary for the best interest of the City of Nashua.

Beginning September 4 2026, RFP documents will be available electronically from the City of

Nashua website: www.nashuanh.gov, under Services, Bid Opportunities; Current Bids and on the

Bonfire website; (Refer to Document RFP0742-092926).

Please note paper copies will not be available.

No RFP documents are available at the Central Purchasing Office.

Delivery of the Proposals shall be at the developer’s/builder’s expense. The time of receipt shall be considered when a proposal has been officially documented by the Department, in accordance with its established policies, as having been received at the location designated above or the time of submission on Bonfire. The City of Nashua accepts no responsibility for mislabeled mail. Any and all damage that may occur due to shipping shall be the Developer/builder’s responsibility.

Postmarks or other timestamps will not be accepted in lieu of actual delivery. The firm can use whatever delivery mechanism it chooses as long as it remains clear that the firm is responsible for submissions prior to the date and time.

The City of Nashua assumes no liability for the payment of costs and expenses incurred by any developer/builder in responding to this request for proposals. All proposals become the sole https://www.nashuanh.gov/1619/Bonfire#docaccess-fab8e68682565b453230c369a88cf67e02ccf0abbfa0d1bbffcfe66c5c29086c https://www.nashuanh.gov/1619/Bonfire#docaccess-1e48903c308afd95dd859400e1e436992dbb0bbfab54aeb5502b25bcc0c29e9c http://www.nashuanh.gov/ property of the City of Nashua. This request for proposals is not a contract and alone shall not be interpreted as such but rather serves as an instrument through which proposals are solicited

The project timeline is as follows:

Projected Timeline Date

Optional Pre-Proposal

Meeting

September 17, 2026 , 1:00 pm via Zoom

Deadline for Questions to be submitted in writing Monday, September 21, 2026, 10:00 am

Answers/clarifications posted Wednesday, September 23, 2026, 3:00 pm

Proposals Due Tuesday, September 29, 2026, 3:00 pm

There will be an optional virtual pre-proposal meeting on 9/17/2026, at 1:00 pm via Zoom log on Info:

Join Zoom Meeting https://us02web.zoom.us/j/6035893330?pwd=YjZ5ZUtSMURySmdBRms1bXBLQ1NUdz09&omn=854931 56295

Meeting chat link https://us02web.zoom.us/launch/jc/85493156295

Meeting ID: 603 589 3330 Passcode: 5893333

Attendance to this meeting is recommended for all wishing to submit a proposal for this project however, Developers who do not attend may submit questions in writing per the dates specified in this RFP.

Developers are encouraged to submit questions via email or via Bonfire; however, the City of

Nashua assumes no liability for assuring accurate/complete email transmission/receipt and is not responsible to acknowledge receipt. Inquiries must be submitted in writing, citing the RFP title, RFP number, Page, Section, and received no later than Monday, September 21, 2026 at 10:00 am to:

City of Nashua

229 Main Street, Nashua NH 03060

Amy Girard

Email: purchasing@nashuanh.gov

Tim Cummings, Email: Cummingst@nashuanh.gov

OR

Via Bonfire https://us02web.zoom.us/j/6035893330?pwd=YjZ5ZUtSMURySmdBRms1bXBLQ1NUdz09&omn=85493156295 https://us02web.zoom.us/j/6035893330?pwd=YjZ5ZUtSMURySmdBRms1bXBLQ1NUdz09&omn=85493156295 https://us02web.zoom.us/launch/jc/85493156295 mailto:purchasing@nashuanh.gov

The City of Nashua will consider all timely-received questions and requests for change and, if reasonable and appropriate, will issue an addendum to clarify or modify this RFP. Answers to submitted questions and other addenda will be posted under document RFP0742-092926 the City of Nashua website;

www.nashuanh.gov, under Services; Bid Opportunities; Current Bids and to Bonfire (Refer to Document

RFP0742-092926) no later than Wednesday, September 23, 2026, at 3:00 pm.

The successful proposal must maintain the following lines of coverage and policy limits for the duration of any due diligence period prior to the execution of a deposition for development agreement. Any subcontractors used by the successful developer/builder are subject to the same coverage and limits and is a subcontractor of the successful developer/builder and not the City of Nashua. It is the responsibility of the successful developer/builder to update Certificates of Insurance during the term of the contract.

Liability limits are as follows:

General Liability:$1,000,000 per Occurrence & $2,000,000 Aggregate

Motor Vehicle Liability: $1,000,000 Combined Single Limit

*Insurance coverage must include all owned, non-owned and hired vehicles.

➢ Workers’ Compensation Coverage according to Statute of the State of New Hampshire:

$100,000 / $500,000 / $100,000

The City of Nashua must be named as an additional insured on all liability certificates.

All developer/builders and subcontractors at every tier under the developer/builder will fully comply with

NH RSA Chapter 281-A, “Workers’ Compensation”.

It is the responsibility of the Contractor to submit to the City of Nashua certificates of insurance for the

Contractor and all other subcontractors prior to the start of the project. It is the responsibility of the

Contractor to provide the City of Nashua with updated certificates of insurance for the Contractor and all subcontractors 10 days prior to the expiration of coverage. The City of Nashua may, at any time, order the

Contractor to stop work, suspend the contract or terminate the contract for non-compliance. All subcontractors are subject to the same insurance requirements as the Contractor.

The City of Nashua is exempt of all taxes. All proposals must be F.O.B Nashua, NH. All developer/builders must comply with all applicable Equal Employment Opportunity laws and regulations.

Pursuant to NRO 5-78 (F), the Purchasing Manager shall not solicit a bid from a contractor who is in default on the payment of taxes, licenses or other monies due the City. Therefore, this Request for Proposal is void as to anyone who is in default on said payments.

Respectfully, Amy Girard

City of Nashua

Purchasing Manager girarda@nashuanh.gov http://www.nashuanh.gov/

ATTACHMENT A

General Land Area To Be Disposed The Below Graphic Shows is an

Approximation

R-26-046

RESOLUTION

AUTHORIZING THE SALE OF SURPLUS PROPERTY

CITY OF NASHUA

In the Year Two Thousand and Twenty-Six

WHEREAS, the City is the owner of the land constituting the Veterans Memorial

Parkway Right-of-Way (f/k/a Broad Street Parkway), situated in Nashua, Hillsborough

County, New Hampshire (the “Parkway”);

WHEREAS, a portion of the Parkway adjacent to Map 127, Lot 131 and Map 62, Lot 102 (which lots are shown on the City of Nashua Assessors’ Maps), which portion of the Parkway contains approximately 4.020 acres and is shown as Parcel ‘A’ on a plan titled

“Exhibit Plan Surplus Right-of-Way Parcel Portion of Veterans Memorial Parkway Nashua, New Hampshire” prepared by IMEG, Inc. dated June 12, 2026 (the “Surplus ROW Parcel”), a copy of which plan is attached hereto as Exhibit A, is not needed for the layout, travel surface, and related improvements of the Parkway, as constructed, and should be declared surplus and disposed of by the City; and

WHEREAS, the City desires to market and sell the Surplus ROW Parcel.

NOW, THEREFORE, BE IT RESOLVED by the Board of Aldermen of the City of

Nashua that the Surplus ROW Parcel is surplus property and shall be transferred or sold in accordance with any applicable ordinances and law.