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  5. ›2023 RFP Lease of Town-Owned Land for the Purpose of Design, Constr…

Awarded contract·Town of Southampton·New York

2023 RFP Lease of Town-Owned Land for the Purpose of Design, Construction, and Management of Wireless Communications Structures

Won by Towerpoint Capital, LLC$1.2MAwarded 10/11/2023Single Award
Contract source

Awarded vendors

  • Towerpoint Capital, LLC

Description

The Town of Southampton awarded a contract to Towerpoint Capital, LLC for the full‑service delivery of a wireless communications tower on municipal land at the Shinnecock Commercial Fishing Dock. The scope covers engineering design, construction of the tower structure, and ongoing management—including operation, maintenance, and regulatory compliance—once erected. The award followed a competitive Request for Proposals issued in early 2023, with four bidders responding; Towerpoint Capital’s proposal met all requirements and was selected by the Town Board. The contract becomes effective once a fully executed agreement is received, and the town anticipates that the vendor will assume all costs associated with the project. • Scope = design, build, and post‑construction management of a telecom tower on town‑owned land. • Procurement = full and open competition (RFP) with a single award. • Vendor = Towerpoint Capital, LLC (no contact details disclosed).

Attached files

Key dates

Bids closed
2/23/2023
Intent to award
10/11/2023
Awarded
10/11/2023
Contract modified
4/24/2024

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Telecommunications
NAICS
237130
Solicitation №
BP2023-0004

Contract value

$1,200,000

No monetary figures are disclosed in the public documents. Typical costs for a new telecom tower—including site preparation, foundation, tower erection, and initial equipment—range from $800 k to $1.5 M, while lease payments for municipal land can add $50 k–$150 k annually. Assuming a mid‑range construction cost of $1 M and a modest lease arrangement, the total contract value likely falls around $1.2 million. This estimate accounts for the vendor bearing all construction costs (as stated) and the town receiving lease revenue rather than paying the vendor, suggesting the “value” to the town is primarily the lease income, which would be roughly $100 k per year over a multi‑year term, plus any ancillary fees.

AI estimate from the award documents

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