GRC I & II Redevelopment Request for Proposals RFP #6329697JC RFP Issue Date: January 12, 2015 Proposals Due: 2:00 PM (EST) February 6, 2015 TABLE OF CONTENTS Contents 1. OVERVIEW OF THE OPPORTUNITY AND RFP PROCESS ........................................................... 2 1.1. Overview of the Opportunity and RFP Process ................................................................... 2 2. HIGHLIGHTS OF VCU & DESCRIPTION OF THE OPPORTUNITY ................................................. 2 2.1. Overview of Virginia Commonwealth University (VCU) .................................................... 3 2.2. 2020 Master Plan .................................................................................................................. 3 2.3. Housing Master Plan ............................................................................................................ 4 2.4. VCU Opportunity .................................................................................................................. 5 2.5. Current Housing System ...................................................................................................... 6 2.6. 2013-2014 Housing Rates and 2014-2015 Housing Rates .................................................. 7 2.7. VCU’s Goals and Objectives ................................................................................................ 8 2.8. Proposed Development Sites ................................................................................................. 9 3. REQUEST FOR PROPOSALS (RFP) PROCESS ............................................................................ 9 3.1. Estimated Solicitation Schedule. .......................................................................................... 9 3.2. Pre-Proposal Conference ................................................................................................... 10 3.3. Communications. ................................................................................................................ 10 3.4. Explanations and Clarifications. ....................................................................................... 11 3.5. Modification/Acknowledgement of Solicitation Addenda. ................................................ 12 3.6. Preparation of Proposals, General. .................................................................................... 12 3.7. Proposal Content. ............................................................................................................... 15 3.8. Submission of Proposals..................................................................................................... 19 3.9. Proposal Materials – Property of VCU. ............................................................................. 20 3.10. Confidential Data. .............................................................................................................. 20 3.11. Late Submission and Modifications of Proposals. ............................................................ 21 3.12. Withdrawal of Proposals. ................................................................................................... 21 3.13. Proposal Evaluation. .......................................................................................................... 21 3.14. Award of Contact. ............................................................................................................... 24 3.15. Cancellation of Solicitation. ................................................................................................ 25 3.16. Ethics in Public Contracting. ............................................................................................... 26 3.17. Debarment Status. .............................................................................................................. 26 3.18. Protests. .............................................................................................................................. 26 3.19. Required Form(s) to include Any Addenda: ....................................................................... 27 APPENDIX A ............................................................................................................................... 29 1. OVERVIEW OF THE OPPORTUNITY AND RFP PROCESS 1.1. Overview of the Opportunity and RFP Process A. Located in downtown Richmond, Virginia Commonwealth University (“VCU” or “the University”) is issuing this Request for Proposals (“RFP”) to solicit proposals from interested parties to enter into a public-private partnership (“P3”) agreement with VCU to develop the “first phase” of VCU’s current Housing Master Plan (“HMP”). VCU is open to evaluating all proposed options for the redevelopment of Gladding Residence Center (“GRC”) I and II that is expected to house 1,470 new beds. B. VCU is soliciting proposals for a P3 with a partner to potentially design, build, finance, operate and/or maintain GRC I and II in a way that is consistent with VCU’s objectives and maximizes the value and utility of the development. C. Through this solicitation process, VCU will determine if there is a feasible approach to engaging a private partner to assist VCU in developing the HMP. The private partner must demonstrate the appropriate experience, financial capacity, and proven track record of successfully executing projects similar in size and scope. D. If VCU decides to pursue a P3, VCU reserves the right to commence negotiations with some or all of the responders to this RFP or otherwise determine the appropriate next steps to pursue a P3. Response to this RFP is a pre-requisite to participate in subsequent steps regarding the development of the HMP development. E. Two or more entities may collaborate in submitting a response to this RFP, but a single entity must be designated to contract with VCU and be responsible for performance under any future contract. F. Responses to this RFP must do so no later than 2:00 PM Eastern Standard Time (EST) on February 6, 2015. VCU may postpone the date on which responses are to be submitted by issuing an addendum or take any other action that it deems to be in its best interest. G. Proposers should be prepared to respond to subsequent communications on an accelerated schedule. 2. HIGHLIGHTS OF VCU & DESCRIPTION OF THE OPPORTUNITY Virginia Commonwealth University – Request for Proposals #6329697JC Page 2 2.1. Overview of Virginia Commonwealth University (VCU) A. Virginia Commonwealth University (“VCU”) was founded in 1838 as the medical department of Hampden–Sydney College, later becoming the Medical College of Virginia (“MCV”) in 1854. In 1968, the Virginia General Assembly merged MCV with the Richmond Professional Institute, founded in 1917, to create Virginia Commonwealth University. B. VCU’s enrollment growth has been excellent in recent years. In 1997, VCU enrolled roughly 21,000 students and today more than 31,000 students attend VCU's 13 schools and one college. The VCU Health System supports VCU's health care education, research and patient care mission. C. With a record $256 million in sponsored research funding in the fiscal year 2011, VCU is designated as a research university with very high research activity by the Carnegie Classification of Institutions of Higher Education. A broad array of University-approved centers and institutes of excellence, involving faculty from multiple disciplines in public policy, biotechnology and health care discoveries, supports VCU's research mission. Twenty-eight graduate and first- professional programs are ranked by U.S. News and World Report as among the best in the country. D. As the premier urban, public research university in Virginia, VCU’s mission is to advance knowledge and student success through its commitments to: An engaged, learner-centered environment that fosters inquiry, discovery and innovation in a global setting Research that expands the boundaries of new knowledge and creative expression and promotes translational applications to improve human health Interdisciplinary collaborations that bring new perspectives to complex problems and mobilize creative energies that advance innovation and solve global challenges Health care that strives to preserve and restore health for all people, to seek the cause and cure of diseases through groundbreaking research and to educate those who serve humanity Diversity that provides a climate of inclusion, a dedication to addressing disparities wherever they exist and an opportunity to explore and create in an environment of trust Sustainable, university-community partnerships that enhance the educational, economic and cultural vitality of the communities VCU serves in Virginia and around the world. 2.2. 2020 Master Plan Virginia Commonwealth University – Request for Proposals #6329697JC Page 3 A. VCU is currently in the middle of its strategic plan, Quest for Distinction (“Quest”). The guiding principles of Quest have been an abiding focus on student success at all levels, unparalleled innovation through research, a University wide commitment to human health, and engagement and empowerment in the communities VCU serves. B. Since 2011, Quest has moved from announcement into implementation to further fortify VCU’s vision as the nation’s premier urban, public research university focused on student success. It does so with a renewed focus on how VCU will pursue excellence at every level even in the face of dwindling resources and increasing calls for accountability and demonstrable value for higher