On Tuesday of this week, the Sacramento City Council voted to suspend the traditional competitive bidding process for the planned construction of a new stadium for the Sacramento Kings. The push will allow the bidding process to move forward at an accelerated pace as the team will not be required to comply with the traditional formal bidding process in place for public-private projects.
Proponents of the decision have argued that a competitive bid process will continue to exist, even in the absence of a formalized process and that the move was necessary to meet the time table for the planned construction.
“In order for the Kings to meet the aggressive schedule and to have flexibility in selecting contractors on a best value basis ... rather than on a low bid basis, staff is recommending the suspension of formal competitive bidding. Again, there will still be rigorous outreach and competitive bidding,” said Assistant City Manager, John Dangberg.
City officials further emphasized that the move held no risk of cost overruns for the City, whose contribution to the project is fixed at $258 million. The Kings will bear any additional cost associated with the selection of higher priced bids.
The construction of the new stadium is part of a larger campaign to keep the Kings in Sacramento, rather than relocating to Seattle. A 1.5 million square foot mixed use development project is planned around the new stadium site, which could include a hotel, apartment building, retail, and office space.
The City Council will meet again in April to approve the project after reviewing the project’s environmental impact report.
To read other posts on arena development, click here. To see the initial draft site plan for the proposed Kings arena at Downtown Plaza, click here.
- See more at: http://www.goodwinsustainabledevelopment.com/blog/brandt/bidding-process-for-construction-of-sacramento-kings-stadium-streamlined-by-city-council#sthash.eUZT7Ozc.dpuf
On Tuesday of this week, the Sacramento City Council voted to suspend the traditional competitive bidding process for the planned construction of a new stadium for the Sacramento Kings. The push will allow the bidding process to move forward at an accelerated pace as the team will not be required to comply with the traditional formal bidding process in place for public-private projects.
Proponents of the decision have argued that a competitive bid process will continue to exist, even in the absence of a formalized process and that the move was necessary to meet the time table for the planned construction.
“In order for the Kings to meet the aggressive schedule and to have flexibility in selecting contractors on a best value basis ... rather than on a low bid basis, staff is recommending the suspension of formal competitive bidding. Again, there will still be rigorous outreach and competitive bidding,” said Assistant City Manager, John Dangberg.
City officials further emphasized that the move held no risk of cost overruns for the City, whose contribution to the project is fixed at $258 million. The Kings will bear any additional cost associated with the selection of higher priced bids.
The construction of the new stadium is part of a larger campaign to keep the Kings in Sacramento, rather than relocating to Seattle. A 1.5 million square foot mixed use development project is planned around the new stadium site, which could include a hotel, apartment building, retail, and office space.
The City Council will meet again in April to approve the project after reviewing the project’s environmental impact report.
To see the initial draft site plan for the proposed Kings arena at Downtown Plaza, click here.
