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COMMERCE BUSINESS DAILY ISSUE OF JANUARY 13,1998 PSA#2010

Department of Veterans Affairs Central Office, Office of Facilities Management, (182C), 810 Vermont Avenue, N.W., Washington, D.C. 20420

X -- ENHANCED-USE LEASE PUBLIC/PRIVATE VENTURE DEVELOPMENT, SALT LAKE CITY VA MEDICAL CENTER, SALT LAKE CITY, UT SOL 660-89-03-8 DUE 021898 POC Contact:Brian McDaniel (Senior Portfolio Manager), 202-565-4307; Fax; 202-565-5115 The Department of Veterans Affairs (VA) through a Request for Qualifications Proposals (RFQ), is soliciting offers to obtain comprehensive asset management and Enhanced-Use development for VA-owned property at the Salt Lake City VA Medical Center (VAMC), located on Foothill Boulevard adjacent to the University of Utah campus in Salt Lake City, UT. -- Using the Enhanced-Use, VA's creative real estate asset management program the Department is seeking development entities with the qualifications and experience necessary to assist VA in its on-going efforts to improve veteran services, reduce costs, and generate new sources of revenues. The selected asset manager must possess the qualities needed to provide VA with a long-term Enhanced-Use development perspective; meaningful transaction experience, strong knowledge of local market conditions; and a clear understanding of VA business and financial objectives. -- The asset manager, in cooperation with VA, will be responsible for assembling all the components needed to plan, develop, and manage a successful public/private partnership and Enhanced-Use project in Salt Lake City. The asset manager will play a key role in supporting VA's efforts to structure a development program that insures that reuse of VA land is the best interests of the Department and the community, and meets the requirements of VA's enhanced-Use leasing authority (38 U.S.C. Sec. 8161 et seq.). -- The purpose of this request is to inform the development community: 1) VA's intent to expeditiously redevelop underused portions of its Salt Lake City campus through a public/private venture; 2) VA's intent to use its enhanced-Use authority to create a relationship with an asset amanager that will be one of mutual cooperation and benefit, a relationship sometimes now commonly refred to as a "public/private partnership"; 3) VA's desire to solicit interest in, and guidance about the types and characteristics of feasible development; and 4) VA's commitment to use a high-level VA management teamto move quickly with Enhanced-Use development of VA property in Salt Lake City. -- The project envisions the public/private development of VA land to provide space or services needed to improve Va activities and Enhance VA's mission as well as other compatible non-VA uses. In addition to the Enhanced-Use project creating opportunities for non-VA activities, VA is considering the advantages of relocating off-campus activities to space developed at the Medical Center as a result of the public/private venture. Office space developed as a part of the enhanced-Use project could provide needed space for a number of important VA offices currently located in leased-space in the Salt Lake city metro area. -- If your organization is interested in this public/private development opportunity, please furnish a letter requesting that your firm be included on the mailing list. The letter should contain your company name, company address, point-of-contact, phone number, facsimile number, and e-mail address. The lettercan be mailed to the address shown above, marked attention Brain McDaniel, or sent by facsimile to (202) 565-5115. The RFQ is expected to be available for distribution on, or about January 13, 1998. Your response to the RFQ will be due by February 18, 1998, at 4:00 P.M. (EST). (0009)

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