A. Design: Working with CMS, the Respondent will be responsible for the design of the entire Project with CMS’s input and approval. The design will address unit size, design and materials used. The design must comply with all applicable codes and regulations. B. Professional Services: The Respondent will provide (or contract to provide) all professional services necessary to the Project, to be more fully defined in the Agreement. Although not required, consideration will be given to Respondents who maintain professional licenses in one or more of the disciplines of real estate, architecture, construction or finance (in particular municipal finance, or public-private finance). C. Construction: The Respondent will be solely responsible for completion of the on-site construction of the Project, and all required (if any) off-site construction. CMS will require Performance and Payment bonding from the Respondent’s construction firm. Bonding requirements are attached hereto. D. Finance: The Respondent will be responsible for the complete financing of the project. E. Operation: The Respondent will be solely responsible for the operation of the Project, with a negotiated, contractual agreement of how the finished property will be managed.
