Authorize staff to enter negotiations with the highest ranked respondent, Coral Reef General Contracting, pursuant to the review of proposals associated with RFP 2022-031 for the redevelopment of 301 S. Ocean Drive and 306 Hernando Street.

RFP 2022-031 for the Redevelopment of 301 S. Ocean Drive and 306 Hernando Street was issued on September 23, 2022. Two (2) proposals were received by the deadline of January 11, 2023.

The evaluation committee met to evaluate the proposals in accordance with the information detailed in Section IV – Specifications, pg. 14, RFP Evaluation Criteria. The committee reviewed and scored the responses with respect to Preliminary Development Plan, Meeting CRA/Project Goals, Public Benefit, Economic Feasibility, Acquisition/Financing, Schedule, and Qualifications/Experience of Proposer.
 
The cumulative scores are listed below:

Coral Reef General Contracting	242
HST Devco	175

Maximum points possible: 300

Authorize staff to enter negotiations with the highest ranked proposer.

Staff will proceed as directed by the FPRA Board.

Economic Development Manager

CRA Advisory Committee
Purchasing Division
Evaluation Committee Members:
     Jack Andrews, City Engineer
     Kev Freeman, Planning Director
     Thondra Lanese, St. Lucie County Business Navigator