RFB03092026 For License Waterfall Viewing Concession

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Title:  

RFB03092026 For License Waterfall Viewing Concession

Agency:  

Commonwealth of Kentucky, Finance and Administration Cabinet, Division of Real Properties

State:  

Kentucky

NAICS Code:  

713910

Industry:  

Hospitality and Tourism

Solicitation Type:  

Invitation for Bid

Solicitation ID:  

RFB-785-2600000412-2

Open Date:  

2/25/2026

Close Date:  

3/9/2026

Project Duration:  

1 year, with option to renew for 5 additional 1-year periods

Last Updated:  

Description:
The Commonwealth of Kentucky is seeking bids for the operation of a waterfall viewing concession and ancillary supporting facilities at Cumberland Falls State Resort Park. The concession will operate multiple rafting trips daily, and the successful bidder will be responsible for all costs involved in the operation and maintenance of the concession. The initial license period will be for one year, with the option to renew for five additional one-year periods. The bidder must demonstrate the necessary capability to finance, design, and construct the concession, as well as maintain and operate it. • The concession will operate from Wednesday to Sunday, with extended hours possible during peak season. • The bidder must acquire any necessary permits from the United States Forest Service and notify the Office of Kentucky Nature Preserves. • The bidder must maintain adequate records and accounts, and provide annual audits. • The bidder must carry public liability insurance with a minimum coverage of $300,000 per person and $1,000,000 per accident. • The bidder must comply with all applicable state and federal statutes and regulations.
Attached Files:

Please visit the bid source via the “Link to Bid Source” button below for documentation.

Contact Information:

Jamie Bryant(Buyer)

Jamie.Bryant@Ky.Gov

(502) 782-0360

Budget Estimate (AI):

$50,000 – $200,000

The budget for this opportunity is likely to be a percentage of the gross receipts derived from the operation of the concession, with a minimum acceptable monthly bid amount of 10% of gross receipts. The total budget will depend on the number of rafting trips and other services sold, as well as the prices charged. A rough estimate for the annual budget could be in the range of $50,000 to $200,000, assuming an average monthly budget of $4,000 to $16,000. However, this is highly speculative and depends on various factors such as the number of visitors, pricing, and operating costs.

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