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City of Sumter·South Carolina

Development Opportunity

Rolling / TBD close$100k – $200kRequest for Proposal
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Description

The City of Sumter is offering a development opportunity for a parcel of land (2026 project) and is soliciting proposals from nonprofit, private, family, or partnership entities. Applicants may purchase, lease, or arrange alternative acquisition methods and must submit a financial plan, proof of liquid funds, building floor plans, renderings, and a preliminary site layout. Construction must commence within 365 days of deed recording (with a possible 180‑day extension); failure to do so triggers automatic reversion of the property to the City. The award will be based on the completeness of the proposal, financial viability, and alignment with the City’s scope of work. • Eligible applicants: nonprofits, private entities, families, partnerships. • Acquisition options: purchase, lease, lease‑to‑own, trust arrangements. • Required documentation: financial proof, floor plan, rendering, site layout. • Construction start deadline: 365 days (plus one 180‑day extension). • Reversion clause if construction not started on time. • Submission deadline: Tuesday, November 3, 2026, by 2:00 pm.

Attached files

Key dates

Opened
10/22/2026
Closes
Rolling / TBD
Duration
365 days

Last updated

Details

Type
Request for Proposal
Industry
Construction
NAICS
531310
Solicitation №
RFP #3 26/27 Development Opportunity- Addendum #1

Budget estimate

$100,000 – $200,000

The solicitation references a $112,500 amount, which appears to be a baseline figure for the property or project. Considering the need for design work, financing, construction, and potential lease or purchase structures, a typical development of this scope in a small city could range from roughly $100,000 for a modest renovation to $150,000‑$200,000 for a more extensive build‑out. Therefore, the expected contract value is estimated between $100 K and $200 K, depending on the chosen acquisition method and project complexity.

AI estimate from the solicitation

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