...title
ITEM: AUTHORIZATION TO AWARD A CONTRACT TO PROVIDE A HOUSING AND ECONOMIC IMPACT STUDY
REQUEST: Authorization to award a contract to Strategic Planning Group, Inc., to provide the Village with a housing and economic impact study, in the amount of $103,000.
...body
EXPLANATION: On November 7, 2016, the Village released RFP# 027-16/ED, seeking qualified firms interested in providing the Village with a housing and economic impact study. The study will become the backbone to a strategic plan for the Village; providing future development and redevelopment projections, as well as a basis for policymaking decisions that will guide housing approvals, community redevelopment, and strategic planning for the next thirty years.
The evaluation committee for RFP# 027-16/ED selected Strategic Planning Group, Inc., as the highest ranked proposer and subsequently recommended negotiations with the firm.
On April 12, 2017, the Village Council authorized staff to negotiate a contract with Strategic Planning Group, Inc., to provide the Village with a housing and economic impact study.
As part of Strategic Planning Group's initial proposal, they provided a flat fee of $36,236 for the housing study and $71,474 for the economic impact study. The total cost of both studies was $107,710.
After continuous communication between the Village and Strategic Planning Group, Inc., both parties have agreed to the terms and pricing of an agreement (attached), in the amount of $103,000 total for both studies ($32,000 - housing and $71,000 - economic impact), pending Council approval. Such agreement would reduce the initial fee by $4,710 or approximately five percent. In addition, Strategic Planning Group, Inc., has agreed to scope clarification questions and comments as described in Exhibit B of the attached agreement, including a completion of both studies by early 2018.
Staff recommends awarding a contract to Strategic Planning Group, Inc., in the amount of $103,000, t...
Click here for full text