RFP 112122 paintsville lake marina

The Commonwealth of Kentucky, through its Finance and Administration Cabinet, Department for Facilities and Support Services, Division of Real Properties, is seeking proposals for the operation of the Paintsville Lake Marina at Paintsville Lake State Park in Staffordsville, Kentucky. The successful offeror will be required to furnish a high-quality marina operation, either by utilizing and rehabilitating the existing marina structures or installing a new marina of at least the minimum size of the existing marina, with pertinent amenities. The marina must provide at least 52 open slips and 116 covered slips, a restaurant, store, boat and fishing supplies, and boat rentals. Proposals are due by November 21, 2022 at 4:00 PM EST. The initial sublease term is approximately 11 years, with the opportunity to renew for an additional 10 years. Proposals will be evaluated based on the marina operational plan, financial background and financing method, background and experience, revenue payable to the Commonwealth, and past performance operating a marina of similar size.

The RFP requires bidders to make a good faith effort to meet a 10% Disadvantaged Business Enterprise (DBE) participation goal on the total estimated cost of the contract. The current incumbent contractor is not identified. The funding for the project is to be provided through a combination of state and local sources, though the specific amounts and sources are not disclosed. The RFP also outlines required insurance coverage, bonding, and other administrative requirements for the selected contractor.