7-Attachment C - Financial Capital Improvement Plan.docx

This attachment to a Request for Qualifications (RFQ) from the City of Detroit Office of Contracting and Procurement (OCP), General Services-Parks and Recreation Division, outlines the financial and development plan requirements for the operation and development of Riverside Marina and Erma Henderson Marina. Respondents must submit a comprehensive financial plan consisting of a five-year proforma that projects revenues and operating expenses, along with a development plan that includes a twenty-year capital investment plan with projected expenditures and return on investment (ROI). Additionally, respondents are required to provide a proposed construction timeline to demonstrate their capacity to revitalize these historic riverfront assets and serve the Detroit River boating community.

The pricing submission requires detailed financial modeling and long-term strategic planning to evaluate each respondent's financial viability and development capabilities. The twenty-year capital investment plan is critical to assess the sustainability and profitability of marina operations, while the five-year proforma provides near-term financial projections necessary for contract administration purposes. The construction timeline requirement ensures that respondents present realistic and achievable schedules for implementing proposed improvements and enhancements to the facilities.