Loren Data Corp.

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COMMERCE BUSINESS DAILY ISSUE OF MAY 15,1995 PSA#1346

Commanding Officer, Southern Division Naval Facilities Engineering Command, P.O. Box 190010, North Charleston, SC 29419-9010

Y -- PRIVATE SECTOR APPROACHES FOR MILITARY FAMILY HOUSING, TX SOL N62467-95-R-0985. POC is Larry Millhouse, Supervisory Contract Specialist, phone 803/743-0903, FAX 803/743-0853. Mervin F. Shreve is the Contracting Officer. Navy Housing Development Program. The Navy is seeking a general partner for the development of private-sector housing that is attractive and affordable to military personnel in the Corpus Christi/Kingsville and Ingleside areas in Texas. Section 2837 of Title 10 USC authorized the Secretary of the Navy to invest as a limited partner to stimulate the availability of private-sector housing as an alternative to military construction. The Navy may invest up to 35% of the total development costs depending on the terms which the general partner offers in collateral incentive agreements that will ensure sustained availability of housing for military personnel. The general partner will be responsible for acquiring and developing property per local planning considerations and building codes. The Navy desires an incentive agreement for the rental of, at least, 200 3 and 4 bedroom, 2 to 2-1/2 bath homes. Incentive agreements involving both rental and sale units may be considered. Multiple awards for smaller quantities are feasible. Developers are encouraged to offer floor plans and features normally found in their regular portfolio of housing designs. First, interested developers will submit a statement of qualifications to be evaluated on the basis of criteria such as the following: Experience in developing, managing and maintaining similar projects, including the ability to perform within budget and on schedule; financial capability; financial performance of completed projects; and design quality of recently completed projects. Second, qualified developers will be invited to submit proposals to be evaluated on the basis of certain factors, which may include: Long-term value of the Navy's partnership interest as compared to the initial investment in the limited partnership; proposed mix of units within the proposed project and the number of units available to Navy personnel on a preferential basis at affordable rates; quality and life-cycle costs of proposed development; quality of design; and proposal risk assessment. After evaluation, the Navy will select that proposal which is most advantageous to the Navy. The successful partnership documents, acquire the necessary real estate interests, and obtain appropriate financing commitments. Copies of the RFP will be available by written requests only on or about June 12, 1995. Navy Industry Forum. Target sites for Navy housing development projects include, but are not limited to, Southern California, Florida, Mississippi, Texas, Virginia, and Washington. An industry forum will be held on May 25, 1995, at Embassy Suites Hotel, Alexandria, VA, from 9:00 am to 1:00 pm for the purpose of discussing Navy initiatives regarding limited partnerships and industry approaches. Reservations may be made by contacting Jane M. Colyn, Code 53JC, Naval Facilities Engineering Command, 200 Stovall Street, Alexandria, VA 22332-2300, Phone 703/325-6752 (weekdays 9:00 am to 4:00 pm EST); FAX 703/325-0555; or Internet jmcolyn@hq.navfac.navy.mil. Please provide the name and title of attendee, name of firm, mailing address, and phone and FAX numbers. Reservations must be received by 4:00 pm EST, May 22, 1995. (131)

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