The City and County of San Francisco has launched a request for qualification (RFQ) to form a development partnership for the design, build, finance, and maintain (DBFM) the Potrero Yard Modernization Project.
The Project proposes to replace the existing San Francisco Municipal Transportation Agency’s (SFMTA’s) trolley bus Potrero Yard with a modern and efficient battery-electric bus maintenance and storage facility (the Bus Yard Component) jointly developed with a residential project (the Housing and Commercial Component). The Project will increase transit vehicle longevity and safety; it is also a major investment in and commitment to the SFMTA’s biggest asset: its employees.
The City is currently performing California Environmental Quality Act (CEQA) analyses to review the proposed Project concept and inform its decision making. The City would make performance-based Availability Payments for the Bus Yard Component upon its Substantial Completion. The Housing and Commercial Component will be delivered under a private residential/commercial rental revenue model.
Following the Statements of Qualifications (SOQs) received, the City will evaluate them and may select up to three Short-Listed Respondents that would be invited to submit Proposals in response to a Request for Proposals (RFP). Based on the Proposals received, the City may select a Preferred Bidder to enter into a Pre-Development Agreement (PDA) to perform pre-development work for the Project, and potentially, a subsequent Project Agreement (PA) to deliver the Project.
The deadline for the submission of qualifications is on October 16, 2020.
The tender information can be accessed on our business opportunity page here.