Public-Private Partnership (P3) Financial & Transaction Advisor(s)

Closed State & local contract opportunity

Solicitation number
224-236
State
Texas
Responses due

Opportunity facts

NIGP codes
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Opportunity details come from txsmartbuy.com. Updated .

About this opportunity

The City of San Marcos, Texas, is seeking sealed proposals for a Public-Private Partnership (P3) Financial & Transaction Advisor. The city desires to revitalize the Hopkins Street corridor between IH35 and North CM Allen Parkway, including building a new City Hall complex on city-owned land and potentially redeveloping the site of the existing San Marcos City Hall through a P3 arrangement with a master developer. The selected advisor will provide financial and transactional expertise to facilitate this P3 arrangement. Proposals must be received by August 8, 2024, at 2:00 P.M. local time, and the award is scheduled for the October 2, 2024, City Council meeting, unless the award amount is less than $100,000.00.

The contract opportunity is limited to the City of San Marcos and surrounding Hays County jurisdictions. The RFQ notice does not provide details on pricing terms, set-asides, incumbents, funding requirements or sources, or other salient commercial information. The scope and structure of the desired P3 arrangement for redevelopment of the existing City Hall site is also not clearly defined in the available documentation.

Opportunity text

The City of San Marcos would like to revitalize the Hopkins Street corridor between IH35 and North CM Allen Parkway. This area serves as a primary gateway into San Marcos, and the City desires to refresh the area to better reflect the community and San Marcos' natural beauty. Specifically, the City desires to build a new City Hall complex on City-owned land on the northern side of Hopkins Street next to the Public Library and San Marcos Activity Center. The City is also interested in an eventual public-private partnership (P3) with a master developer to redevelop the site of the existing San Marcos City Hall.

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