SPI Insights

California – Looking toward future opportunities for public-private partnerships (P3s), California State University, Long Beach (CSULB) pushed back several dates for its request for qualifications (RFQ)

The university will host a mandatory informational meeting at 2 p.m. local time July 27 via teleconference for potential P3 advisers. The revised deadline for receipt of qualifications is 2 p.m. September 16.

CSULB is searching for P3 advisory firms that can integrate economic, technical, and contractual expertise across all asset classes and P3 markets.

The advisory firm should have technical expertise, engineering expertise related to energy and utilities, and experience in revenue forecasting, insights into sociopolitical and legislative trends, assistance in the delivery of P3 bids, and other alternative procurement methods, refinancing, and development activities.

CSULB’s capital development aspirations aim to support the future of university growth and strategic planning as defined in Beach 2030. This entails advancing the university’s strategic initiatives, meeting future programmatic goals, building community partnerships, fulfilling sustainability goals, and revitalizing its operation model.

Ideal opportunities for P3 development will leverage CSULB’s real estate, customer base, state-backed resources, campus auxiliaries and enterprise programs, utility and infrastructure, and state-supported resources.

Anticipated project duration is November 2021 through December 2023.

The campus is working on a draft master plan that is projected to be complete fall 2021 and adopted by the CSU board of trustees in December 2022 after completion of the document’s Environmental Impact Report.