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City of Tulsa·Oklahoma

Real Estate Development

Closes 5/15/2024$5M – $15MRequest for Proposal
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Description

The City of Tulsa seeks a qualified firm to design, finance, and implement a mixed‑use public park on a 56.8‑acre site, integrating revenue‑generating amenities such as a wilderness‑themed lodge, refreshment facilities, and equipment rentals. The selected respondent will develop a comprehensive master plan, produce conceptual drawings, secure floodplain compliance, and present a five‑year financial pro‑forma that demonstrates self‑funding of construction and ongoing park maintenance. The contract is a one‑year term with four optional one‑year renewals, and the firm must assume full financing risk while delivering a sustainable, destination‑grade park. • Scope includes site planning, engineering (including floodplain and hydrologic analysis), environmental compliance, and financing strategy. • Deliverables: case statement, conceptual/site plans, partner list, 5‑year pro‑forma, all within a 25‑page limit. • Evaluation emphasizes regional destination design (30 points), development funding (20 points), and maintenance funding strategy (10 points), plus experience and alignment with city ordinances.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Donny Tiemann(Project Buyer)

[email protected]

Key dates

Opened
3/18/2024
Questions due
4/22/2024
Pre-bid meeting
4/4/2024
Closes
5/15/2024
Projected award
6/26/2024
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Property Development
NAICS
541310
Solicitation №
RFP 24-922

Budget estimate

$5,000,000 – $15,000,000

No contract value is disclosed, but a development of this scale (56.8 acres, park plus hospitality amenities, floodplain engineering, and a five‑year financial model) typically commands a professional‑services contract ranging from several million to low‑double‑digit millions of dollars. Assuming a 1‑year term with extensive design, engineering, and financing work, a reasonable estimate would be between $5 million and $15 million, contingent on the complexity of the financing model and the level of detailed design required.

AI estimate from the solicitation

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