Proposal Form (Attachment A to Versailles Entertainment Complex RFP).pdf

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Attached to
For Information Purposes Only P3 Versailles EntertainmentCom
Solicitation number
RFP 785 2200000076 2
Issued by
Webster County, Kentucky

About this file

This is a Proposal Form (Attachment A) for a Request for Proposals issued by a city for the development and operation of the Versailles Entertainment Complex. The RFP seeks proposals for entertainment attractions, food and beverage services, and facility operations at the complex. Respondents are required to provide detailed information regarding proposed entertainment attractions, menu offerings, days and hours of operation, and the estimated timeline for initial fit-up of the facility. Proposals must include a comprehensive term structure, including the initial lease or Public-Private Partnership (P3) agreement duration and any renewal options. Respondents must also demonstrate their capacity to serve the Versailles community and surrounding areas, provide preliminary renderings and diagrams of proposed attractions, and describe interior and exterior design plans.

Pricing proposals may be structured as either annual lease arrangements with potential percentage rent payments and escalation terms, or as lump sum P3 agreement costs with revenue sharing arrangements. Respondents must specify their proposed allocation of additional rent obligations or confirm acceptance of triple net lease terms. Additional evaluation criteria include the estimated investment amount for facility fit-up, the number of new jobs created and existing jobs supported by the project, any guarantees or warranties offered to the city, and proposed value-added terms such as purchase options or rights of first refusal. Proposals should also include a creative description of a proposed "Versailles Day" event concept to demonstrate community engagement and added value.

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Attachment A

Versailles Entertainment Complex Proposal Form

1. Name, address, phone number, and email address of person with authority to negotiate on behalf of Respondent:

2. If proposing a lease arrangement, proposed annual rent to City with escalations during the initial Term and any renewals: $____________.

3. If proposing a lease arrangement and proposing a “percentage rent” payment, describe the proposed percentage rent payments, including (i) frequency, (ii) percentage, (iii) any revenue “floors” or “ceiling,” and (iv) any additional terms.

4. If proposing a lease arrangement, proposed allocation of “additional rent” if Respondent proposes any allocation other than a “triple net” lease arrangement; otherwise, indicate that respondent agrees to enter into a “triple net” lease arrangement with the City.

5. If proposing a P3 Agreement, lump sum cost to City: $____________. Indicate any revenue sharing arrangement:

6. Proposed time allowed for initial fit-up: _____________

7. Proposed entertainment attractions:

8. Proposed menu:

9. Proposed days and hours of operation:

10. Describe the proposed Term for the lease, including renewal terms; i.e. five years with option to renew for additional five years.

11. Describe your ability to provide this service for Versailles and surrounding communities.

12. Describe the estimated amount of investment into any fit-up. In addition to the preliminary renderings and diagram of attractions, describe your plans for the interior and exterior of the building.

13. Proposed number of new jobs created by Project: ________

14. Proposed number of existing jobs supported by Project: ________

15. Explain any guarantees or warranties you can provide the City.

16. Describe any other key contract terms or value-adds you can provide, such as a purchase option or a right of first refusal or first offer. Describe what “Versailles Day” could look like.

0143600.0737283 4810-4223-4360v2 9/16/2021 9:29 pm

File details come from the government source that posted it. Updated .