Loren Data Corp.

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COMMERCE BUSINESS DAILY ISSUE OF FEBRUARY 11,1997 PSA#1780

Commanding Officer, USCG Civil Engineering Unit Cleveland, 1240 East 9th St., Room 2179, Cleveland, OH 44199-2060

R -- FURNISH MARKET ANALYSIS SOL DTCG83-97-Q-3WF204 DUE 032597 POC P. J. Korenchen, 216-522-3954 ext. 567 Provide all services required to produce a marketing analysis of Coast Guard property on the Cleveland, Ohio waterfront. The marketing analysis shall include all development alternatives that would be available to a private developer within local zoning, FAA clear zone regulations, and land use regulations. The possibility of changes in local regulations as well as use of variances to provide for higher intensity development shall be incuded where appropriate. The Coast Guard property shall be evaluated for its own development potential as well as its development potential as part of an assembled parcel that includes the Naval Reserve Center and the Army Corps of Engineers property. This analysis will be used to establish a value for the property and for a comparison with the City of Cleveland's marketing analysis. This work will include the following items: Affect on the value of the existing Coast Guard /Navy/Army sites by adjacent development project/proposals, all feasible development alternatives for the Coast Guard/Navy/Army sites based on differing land uses and land use mixtures, the assumptions made for each alternative, the valuation of the Coast Guard property for each development alternative, both individually and as part of an assembled parcel as described above, potential city tax revenues based on current tax rates for the development alternatives identified based on no abated taxes, and potential returns to a developer based on the above development alternatives using prevailing interest rates. The work shall be required in two phases. Phase I shall consist of data collection about the site(s), prevailing development trends in Downtown Cleveland that might affect site(s) development and value, and concept land use alternatives for all sites/combination of sites. Phase II shall include development of land use alternative concepts identified in Phase I. Alternatives shall be ranked according to feasibility of accomplishment. Supporting graphics and calculations shall be provided. Potential revenues, as discussed above shall be included in this phase. A conclusion of the most likely alternative shall be made. A value of the Coast Guard site shall be calculated for each alternative and compared to existing value information from both the Coast Guard and City of Cleveland. Deliverables shall include two bound booklets describing the identified alternatives with supporting graphics, all calculations in support of identified development alternatives, and computer disks containing files of all of the the above development alternatives. Performance period for Phase I is 21 days after Notice to Proceed and 50 days for Phase II. Coast Guard review will occur between phases and after receipt of Phase II. Quotes close on/or about 25 March 1997. NO TELEPHONE REQUESTS. Written requests will be accepted until supply is exhausted. All responsible sources may submit a quote which will be considered by the agency. (0038)

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