PRESENTED BY

Florida Agricultural and Mechanical University

Public Private Partnership (P3) – Invitation To Negotiate (ITN)

Preproposal Meeting

July 29, 20161

Chief of Staff , Jimmy MillerActing Vice President, Angela Poole

Associate General Counsel, David SelfExecutive Director for Facilities, Avinash Rahurkar

Director and Chief Procurement Officer, Stephany Fall

Public Private Partnership (P3) - ITN

MAIN STREET CORRIDOR PUBLIC PRIVATE PARTNERSHIP PROJECT

ITN Number 0001-2017

Stage 1 Site Visit and Conference

Location: Office of Procurement Service

2380 Wahnish Way, Suite 214

Tallahassee, FL 32307

Date and Time: July 29, 2016 at 11:00 AM.

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Agenda

• Overview of Procurement Process

– ITN Stage 1

• Timeline

• Evaluation Criteria

– ITN Stage 2

• Timeline

• Evaluation Criteria

– Timeline for Questions

– Addendum to ITN

– Bid Protest Period (If any)

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Agenda (continued)

• Objectives of the P3

– P3 Guidelines

– Master Plan Overview

– P3 Relationship to Master Plan

• Project Scope

– Phase 1

– Phase 2

• Site Visit – Facilities Planning

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Overview of Procurement Process

Systematic Approach to Selection of Private Partner

Request for Qualifications to qualify Partner

Two Stage ITN process

Evaluation Committee to evaluate responses from Qualified Respondents to develop a short list of up to four Qualified Respondents to continue the ITN process

Negotiation Committee will negotiate terms and conditions of P3 with one or more Qualified Respondents

Each project phase will be evaluated and negotiated separately

Best and Final Offer from short listed Qualified Respondents

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Overview of Procurement Process

STAGE I SCHEDULERelease of ITN July 18, 2016Stage I Site Visit July 29, 2016Deadline to receive Respondent questions/Inquiry August 5, 2016Addendum posted with answers August 12, 2016 Stage I ITN responses due August 29, 2016

@2:00PMShort listing and posting of Qualified Respondents September 9, 2016

STAGE II SCHEDULEStage II documents to be issued to Qualified Respondents September 14, 2016 Qualified Respondents meeting on site September 19, 2016 Stage II responses due October 19, 2016 Presentations and Discussions with Qualified Respondents October 24, 2016 Negotiations with Qualified Proposers October 31, 2016 Best and Final Offer (“BAFO”) responses due November 4, 2016 BAFO Evaluations and Ranking November 14, 2016

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Overview of Procurement Process

STAGE I Evaluation CriteriaDesign Narrative and Project Planning 10Respondent Experience and Qualifications 35Team 25Financial Terms 30Stage I Response Point Total 100

STAGE II Evaluation CriteriaDesign and Construction 30Respondent Experience and Qualifications 10Team 25Financial Terms 35Stage II Best and Final Offer Point Total 100

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Objectives of the P3 Initiative

The development strategy will be consistent with the goalscontained in the proposed FAMU Strategic Plan and Master Plan, including:

FAMU is poised to serve as a catalyst for the revitalization of the Monroe-Adams Corridor and the “main street” of campus.

We envision a transformational development that will help to make FAMU a best in class, land grant doctoral research university with an international impact.

This catalyst project will resolve critical housing and aesthetic concerns, and simultaneously enhance our overall student experience.

One of the University’s long-term strategic initiatives is to develop communities that promote a 21st century living and learning environment.

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Goals & Objectives

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Modernize the campus with amenities that students demand

Focus institutional investment on state-of-the art facilities for instruction and research rather than amenities

Keep new construction projects credit rating neutral

Generate revenue

P3 Advantages

Access to Additional Financial

Resources and Delivery

Structures

Risk Allocation &

Mitigation

Operational Efficiencies

and Life-Cycle Savings

Monetization of Existing

Assets

BOG -P3 Guidelines

Section 1013.171(1), Florida Statutes authorizes each university board of trustees to negotiate and enter into agreements to lease real property under its jurisdiction to non-profit and for-profit corporations registered by the Secretary of State to do business in this state, for the purposes of erecting thereon facilities and accommodations necessary and desirable to serve the needs and purposes of the university, as determined by the system-wide strategic plan adopted by the Board of Governors.

• The purpose of these guidelines is to provide (i) a structure for the universities and university DSO to use in evaluating certain transactions with private third parties that will result in the construction of facilities for the use and/or benefit of a university, its students, faculty or staff, and (ii) the process for approval of such transactions.

• http://www.flbog.edu/documents_regulations/guidelines/Public-Private%20Partnership%20Guidelines.pdf 10

“Facility” means abuilding or other facility and related improvements(but not landscaping or appurtenances alone) that: (i) is for purposes related to the housing, transportation(including parking) health care, research or research-related activities, food service, retail sales or student activities of the university or, if authorized by specific legislation, hotels, convention centers, stadiums or other facilities; (ii) is being constructed primarily for use by the university and/or its students, faculty, or staff; and (iii) is located on land under the jurisdiction of a state university, including property leased from the Board of Trustees of the Internal Improvement Trust Fund.

“Project” means a Private Party’s construction and capital financing of a Facility on the campus of a state university or on other real property directly owned by or under the jurisdiction of, the university or by the state and leased to the university accomplished through a Public Private Partnership, with the Project costs being paid for, whether up front or over time, with revenues generated by the Projector other university or DSO revenues allowable for such purpose pursuant to section 1010.62, Florida Statues. Project costs shall include construction and financing and may also include design and/or operational costs of the Facility.

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BOG -P3 Guidelines (cont’d)

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Master Plan

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Project Scope

Phase 1: Student Housing: Redevelopment of Cropper Hall, Wheatley Hall, and Jackson-Davis, Truth Hall Building – Completion before July 15, 2018

Phase 2: Development of a Mixed-Use Town Center: North side of campus near Old Developmental Research School (DRS) Completion before July 15, 2019

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Project Sites

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Old Developmental Research School (DRS)

Pentaplex Complex (Wheatley, Cropper, and Truth Halls)

Not in Project Scope

– Center for Access and Student Success building, located at McGuinn and Diamond Halls, is being funded with PECO funds

– Athletics Facility – this project will be addressed at a later phase

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Questions?

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Thank you

Site Visit

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Thank you