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  5. ›REQUEST FOR PROPOSALS (RFP) LEASE OF CITY OF EDINBURG PROPERTY AND…

City of Edinburg·Texas

REQUEST FOR PROPOSALS (RFP) LEASE OF CITY OF EDINBURG PROPERTY AND OPERATION OF ITS DRAGSTRIP (RACETRACK) AT SOUTH TEXAS INTERNATIONAL AIRPORT AT EDINBURG

Closes 7/28/2026$500k – $2MRequest for Proposal
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Description

The City of Edinburg is seeking proposals from qualified organizations or individuals to lease and operate a 147-acre dragstrip at the South Texas International Airport. The selected proposer will be responsible for maintaining the premises, operating the dragstrip, and providing revenue to the Airport's fund. The proposer must be an active member in good standing with a recognized drag racing sanctioning body and have the necessary experience, qualifications, and financial resources to operate the dragstrip. Key aspects of the proposal include the plan for operation and maintenance, qualifications and experience, revenue sharing, financial plan, relocation plan, and insurance. • The lease term is not specified, but the contract can be terminated by the City with a 30-day notice. • The proposer must provide a plan for relocation of the dragstrip off Airport property. • The proposer must have the necessary experience and qualifications to operate the dragstrip. • The proposer must provide a financial plan for operation and maintenance of the dragstrip. • The proposer must provide insurance that meets the City's requirements.

Attached files

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

Contact

Tomas Reyna(Assistant City Manager)

[email protected]

(956) 388-8207

Key dates

Opened
7/8/2026
Questions due
7/22/2026
Closes
7/28/2026

Last updated

Details

Type
Request for Proposal
Industry
Sports and Recreation
NAICS
713910
Solicitation №
RFP 2026-015

Budget estimate

$500,000 – $2,000,000

The budget for this opportunity is likely to be substantial, given the scope of the project and the potential revenue generated by the dragstrip. However, without more specific information on the expected revenue and the City's requirements for the proposal, it is difficult to provide a precise estimate. Assuming the proposer will need to invest in infrastructure, staffing, and marketing, a rough estimate for the annual budget could be in the range of $500,000 to $2,000,000. This estimate is based on the potential revenue from events, sponsorships, and advertising, as well as the costs associated with maintaining and operating the dragstrip.

AI estimate from the solicitation

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