Specifications include, but are not limited to: The City of Newport Beach (“City”) is seeking proposals from qualified Proposers with sufficient experience, financial resources, and personnel to enter into a Public Private Partnership with the City through a 50-year Lease to successfully plan, design, permit, fund, and construct renovations to redevelop a portion of the Balboa Yacht Basin premises. Proposers will renovate, market, operate, manage, and maintain the buildings which are the subject of this request, and are located at the north side of the parcel. The objective of this Request for Proposals (“RFP”) solicitation is to identify the highest-qualified Proposer to provide these services over the course of a 50-year Lease term. The City reserves the right to make multiple awards if doing so serves in the best interest of the City. Final contract terms, including compensation and length of the agreement are subject to final City and/or City Council approval.
