Exhibit_A-Financial_Summary.pdf

Exhibit A is a Financial Summary document for Pierce County Parks and Recreation's golf course management services opportunity in Washington State. The document supports the County's request for proposals to operate, maintain, market, and enhance Chambers Bay Golf Course and Lake Spanaway Golf Course. Pierce County seeks a qualified golf management organization to increase rounds and local participation, secure regional, national, and international tournaments, maximize sustainable revenues and operating efficiencies, and maintain high-quality course conditions and customer service. The long-term operating partnership is intended to bring operational expertise, innovation, financial strength, and investment capacity to support the County's golf facilities. The current management contract is expiring, and Pierce County is conducting a fair and competitive procurement process open to all qualified parties.

The Financial Summary outlines the financial parameters and performance metrics expected from potential operators. This document details revenue projections, operational cost structures, capital investment requirements, and profitability targets for both golf courses. The summary establishes the financial baseline and benchmarks against which proposals will be evaluated, including expectations for operator-funded, jointly funded, or other innovative capital investment strategies. Pricing terms and financial performance are critical components of the proposal evaluation, with the County prioritizing both sustainable revenue generation and operational efficiency to ensure the golf facilities remain financially viable public assets while delivering quality service to Pierce County citizens.