Posted Date : September 27,2022
Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : ESTATE-6202
Government Authority located in Providence, Rhode Island; USA based organization looking for expert vendor for real estate and economic analysis consulting services.
[A] Budget: Looking for Proposals
[B] Scope of Service:
(1) Vendor needs to provide real estate and economic analysis consulting services include economic and fiscal impact analysis, market analysis, and real estate financial feasibility analysis to the government authority located in Providence, RI.
1. Economic and Fiscal Impact Analysis
- Using an industry-approved model such as REMI, IMPLAN or RIMS II, or another model approved by the district, to quantify the direct and indirect economic impacts of projects, including:
a. Jobs created during construction and permanent jobs created during operations
b. Earnings, wages and salaries, or income received
c. Consumer spending
d. Supplier impacts of businesses or related local industries
- Quantify fiscal impacts on state taxes as a whole and by each source of tax, including sales, personal income, and corporate tax.
- Determine return on public investment.
2. Market Analysis
- Evaluate market assumptions for proposed projects of all asset classes, including rents and sale prices, operating expenses, financing terms, and return expectations.
- Confirm or determine highest and best use.
- Identify market risks and opportunities.
3. Real Estate Financial Analysis
- Evaluate project pro formas, including all assumptions.
- Calculate or verify investment returns using financial metrics such as return on cost, cash-on-cash return, IRR, or other financial metrics.
- Evaluate financial feasibility of proposed projects and determine level of public subsidy required, if any.
- Evaluate developer assumptions related to real estate taxes, including modeling of any tax stabilization agreement.
- Recommend a financial structure that optimizes the public investment.
- Evaluate the level of public sector risk in a proposed transaction and suggest methods to improve its proposed structure to reduce the public sector risk.
(2) All questions must be submitted no later than October 4, 2022.
[C] Eligibility:
- Onshore (USA Organization Only);
[D] Work Performance:
NA
Budget :
Deadline to Submit Proposals: October 12,2022
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$
Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : ESTATE-6202
Government Authority located in Providence, Rhode Island; USA based organization looking for expert vendor for real estate and economic analysis consulting services.
[A] Budget: Looking for Proposals
[B] Scope of Service:
(1) Vendor needs to provide real estate and economic analysis consulting services include economic and fiscal impact analysis, market analysis, and real estate financial feasibility analysis to the government authority located in Providence, RI.
1. Economic and Fiscal Impact Analysis
- Using an industry-approved model such as REMI, IMPLAN or RIMS II, or another model approved by the district, to quantify the direct and indirect economic impacts of projects, including:
a. Jobs created during construction and permanent jobs created during operations
b. Earnings, wages and salaries, or income received
c. Consumer spending
d. Supplier impacts of businesses or related local industries
- Quantify fiscal impacts on state taxes as a whole and by each source of tax, including sales, personal income, and corporate tax.
- Determine return on public investment.
2. Market Analysis
- Evaluate market assumptions for proposed projects of all asset classes, including rents and sale prices, operating expenses, financing terms, and return expectations.
- Confirm or determine highest and best use.
- Identify market risks and opportunities.
3. Real Estate Financial Analysis
- Evaluate project pro formas, including all assumptions.
- Calculate or verify investment returns using financial metrics such as return on cost, cash-on-cash return, IRR, or other financial metrics.
- Evaluate financial feasibility of proposed projects and determine level of public subsidy required, if any.
- Evaluate developer assumptions related to real estate taxes, including modeling of any tax stabilization agreement.
- Recommend a financial structure that optimizes the public investment.
- Evaluate the level of public sector risk in a proposed transaction and suggest methods to improve its proposed structure to reduce the public sector risk.
(2) All questions must be submitted no later than October 4, 2022.
[C] Eligibility:
- Onshore (USA Organization Only);
[D] Work Performance:
NA
Budget :
Deadline to Submit Proposals: October 12,2022
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$