Real_Estate_Development_Consultant.pdf

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City of Sarasota

SOLICITATION

26-17HR

REAL ESTATE DEVELOPMENT CONSULTANT

RELEASE DATE: January 27, 2026

RESPONSE DEADLINE: March 3, 2026, 2:30 pm

Please refer to the project timeline in this document for all important deadlines.

Solicitation #26-17HR Title: Real Estate Development Consultant

Table Of Contents

1. Introduction

2. Project Details

3. Evaluation Phases

4. Vendor Questionnaire

5. Attachments

Attachments:

A - 26-17HR-Exhibit A -Required_Forms

B - 26-17HR Exhibit B Scope of Services -Project Description

C - 26-17HR Exhibit C- Proposal Requirements

D - 26-17HR Exhibit D Scoring Criteria

E - 26-17HR GTC RFP Local Pref and Ties

1. Introduction

1.1. Summary

Workforce (Attainable) Housing Project – 1st Street

Sarasota continues to experience a critical shortage of affordable and attainable workforce housing, placing increasing pressure on working individuals and families, affecting local businesses, and threatening the community’s long-term vitality. In response, the City has identified and secured a key downtown site capable of supporting workforce rental housing within walking distance of Main Street and is actively pursuing an additional parcel to complete the land assembly needed for the project.

The City has also initiated outreach to philanthropic, community, and government partners, with strong preliminary interest in collaboration. Recent changes in both City and State housing policy create a timely opportunity for Sarasota to move forward with meaningful action. This initiative is envisioned as a long-term, sustainable workforce housing solution in downtown Sarasota, delivered through a community-driven partnership approach.

****Please Note: The selected vendor would be prohibited from competing for the eventual development project.****

1.2. Timeline

Solicitation Release Date: January 27, 2026

Question Submission Deadline: February 20, 2026, 4:00pm

Question Response Deadline: February 25, 2026, 4:00pm

Solicitation Opening: March 3, 2026, 2:30pm

1.3. Procurement Contact

Helen Reed

Consulting Purchasing Professional

1565 1st Street

Sarsasota, FL 34236

Email: helen.reed@sarasotafl.gov

Phone: (941) 263-6443

2. Project Details

2.1. Important Instructions for Electronic Submittals

The City of Sarasota is accepting electronic bid submissions. Bidders shall create a FREE account with OpenGov

Procurement by signing up at https://procurement.opengov.com/signup. Once you have completed account registration, browse back to this page, click on "Draft Response", and follow the instructions to submit the electronic bid.

2.2. Scope of Work or Project Details

Please see the Attachments section for specifications and attachments.

https://procurement.opengov.com/signup

3. Evaluation Phases

Phase 1

No. Evaluation Criteria Scoring Method Weight (Points)

1. Relevant Project Experience

Evaluators will score three to five projects on relevance, scope, outcomes, and alignment with City objectives, with public-sector or municipal experience given preference.

0-100 Points 5 (5% of Total)

2. Key Personnel & Team Structure

Evaluators will assess the team structure, identification of Project Manager and Principal-in-Charge, individual roles, licenses/certifications, and confirmed availability. Focus is on who is on the team and their commitment

0-100 Points 10 (10% of Total)

3. Demonstrated Core Competencies

Evaluators will assess the team’s capability in each required functional area Section II including responsible personnel, relevant experience, and examples of successfully completed projects. Focus is on what the team can do.

0-100 Points 30 (30% of Total)

4. Understanding of the Project & Solicitation

Objective

Evaluators will assess the proposer’s understanding of the City’s objectives, the 1st

Street Workforce Housing Project, downtown

Sarasota context, workforce housing goals, mixed-use development considerations, and applicable statutes, regulations, and policy frameworks.

0-100 Points 15 (15% of Total)

5. Project Approach & Technical Methodology

Evaluators will assess the proposer’s approach to delivering real estate development consulting services, including support for City staff, Procurement, and Legal Counsel, financial modeling and feasibility analysis, stakeholder engagement, procurement and solicitation support, and identification of risks with mitigation strategies.

0-100 Points 25 (25% of Total)

6. Pricing

Evaluators will assess the reasonableness, transparency, and completeness of the proposed pricing.

0-100 Points 5 (5% of Total)

7. Local Preference

Calculation of points based on the local preference described in the Terms and

Conditions.

0-100 Points 10 (10% of Total)

Phase 2

No. Evaluation Criteria Scoring Method Weight (Points)

1. 1. Interviews

Top-ranked consultants may be shortlisted for interviews. If interviews are requested the interview stage and final ranking are conducted in the second phase of the process.

N/A N/A

4. Vendor Questionnaire

1. I certify that I have read, understood and agree to the terms in this solicitation, and that I am authorized to submit this response on behalf of my company.*

☐ Please confirm

*Response required

2. Separate Cost Proposal*

Confirm that your fee proposal is not attached in your Proposal and is attached separately here.

*Response required