Adequacy of proposed development budget based on current cost and market conditions Pro forma operating budget includes rents that are appropriate in relation to market as well as reasonable assumptions management, administrative costs, maintenance and utility costs Highly Unacceptable Advantageous Advantageous Site And Building Design Proposal fails to The proposal The proposal Creative, thoughtful and either present and meets all design exceeds the design efficient site design concept support the requirements of the requirements of the that is cost-effective and high feasibility of an RFP or outlines in RFP or outlines in quality, creates density within attractive viable reasonable detail reasonable detail the the context of its surroundings proposed design, or the methodology methodology and Site plan creates community describe in detail the and criteria to be criteria to be applied while maintaining tenant methodology and applied in in developing a privacy criteria to be applied developing a design that exceeds Plan reflects local design in developing an design that meets the design vernacular attractive and viable all design requirements. Plan provides adequate parking design proposal. requirements. and adequate recreation space Design concept for market units is thoughtfully tailored to maximize the value of the units. References, site visits & Interview Highly Unacceptable Advantageous Advantageous References a minimum of Minimum of 3 Strong references Strong references – three references, include references not reflecting projects reflecting timely references from all projects supplied, or came in on time completion & undertaken in the last 10 years and within budget, excellent developer’s
Adequacy of proposed development budget based on current cost and market conditions Pro forma operating budget includes rents that are appropriate in relation to market as well as reasonable assumptions management, administrative costs, maintenance and utility costs Site And Building Design Unacceptable Advantageous Highly Advantageous Creative, thoughtful and efficient site design concept that is cost-effective and high quality, creates density within the context of its surroundings Site plan creates community while maintaining tenant privacy Plan reflects local design vernacular Plan provides adequate parking and adequate recreation space Design concept for market units is thoughtfully tailored to maximize the value of the units. Proposal fails to either present and support the feasibility of an attractive viable proposed design, or describe in detail the methodology and criteria to be applied in developing an attractive and viable design proposal. The proposal meets all design requirements of the RFP or outlines in reasonable detail the methodology and criteria to be applied in developing a design that meets all design requirements. The proposal exceeds the design requirements of the RFP or outlines in reasonable detail the methodology and criteria to be applied in developing a design that exceeds the design requirements. References, site visits & Interview Unacceptable Advantageous Highly Advantageous References – a minimum of three references, include references from all projects undertaken in the last 10 years Minimum of 3 references not supplied, or Strong references reflecting projects came in on time and within budget, Strong references reflecting timely completion & developer’s excellent