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Proposal - Hotel Valuation Services 2023-03-16 NO response received
Monika Radeva From: Monika Radeva Sent: Monday, March 16, 2026 8:01 AM To: Marcus Lee Cc: Monika Radeva Subject: City of La Quinta Real Estate Economic Development Follow Up Flag: Follow up Flag Status: Flagged Good morning Marcus, the City's responses to your questions regarding the City's Request for Qualifications (RFQ) are listed below: 1. Is the City seeking to establish a prequalified pool of consultants for future assignments, or is this solicitation related to a specific upcoming project or initiative? The City does not aim to establish a prequalified pool of consultants for future assignments, this RFQ is for a specific project. 2. Could you please clarify the anticipated scope of services the City expects consultants to assist with (e.g., Hotel feasibility analyses, Hotel development advisory, public -private partnership structuring, Hotel market studies, etc.)? There isn't any additional information that can be provided at this time, the scope of work is generally described in the RFQ, email included below for your use and reference. Thank you for your interest in this RFQ and we look forward to receiving your proposal. Thank you. Monika Radeva, MMC I City Clerk City of La Quinta 78495 Calle Tampico, La Quinta, CA 92253 Tel: (760) 777-7035 MRadevalaquintaca.gov From: Marcus Lee <mlee@hvs.com> Sent: Thursday, March 12, 2026 4:58 PM To: Monika Radeva <mradeva@laquintaca.gov> Subject: City of La Quinta Real Estate Economic Development Dear Ms. Radeva, Thank you for circulating the request for Statements of Qualifications for Economic Development, Real Estate, and Financial Analysis consulting services via HVS.com. Before preparing a submission, I wanted to confirm a few details regarding the City's request: 1. Is the City seeking to establish a prequalified pool of consultants for future assignments, or is this solicitation related to a specific upcoming project or initiative? 2. Could you please clarify the anticipated scope of services the City expects consultants to assist with (e.g., Hotel feasibility analyses, Hotel development advisory, public -private partnership structuring, Hotel market studies, etc.)? 1 Thank you in advance for your guidance! Marcus R. Lee Executive Vice President, Development HVS 140 South Lake Avenue, Suite 300 Pasadena, CA 91101, United States Tel: +1 (310) 614-9945 My Profile Follow us on Linkedln I Twitter For our latest articles & publications on the hospitality industry, please visit HVS.com Superior Results through Unrivalled Hospitality Intelligence. Everywhere Asset Management & Advisory Providing a comprehensive array of Asset Management services and solutions to optimize your property's market position, operations, and financial potential From: Monika Radeva mradeva@laquintaca.gov Sent: Friday, March 6, 2026 4:58 PM To: Cc: Monika Radeva mradeva@laquintaca.gov Subject: City of La Quinta - Request for Qualifications To Whom It May Concern, Learn More The City of La Quinta seeks Statements of Qualifications from Professional Economic Development, Real Estate, and Financial Analysis firms with proven municipal experience to provide the services detailed below: Economic Development: • Real Estate Evaluation and Transaction Services • Economic development opportunities analysis and related strategies • Market opportunities and constraints • Strategic Planning (what exactly does this mean?) • Real estate analysis • Financial analysis • Property acquisition and disposition services • Project(s) proposal and pro -forma analysis • Developer negotiations • Agreement terms and structure • Other related services as needed. The Statement of Qualifications shall include a fee schedule of all positions that may work on this analysis. 2 Consultants are encouraged to keep their qualifications brief and relevant to the specific scope of work required. (1) Statement of Qualifications a. A list of proposed project personnel, including resumes. b. Experience with similar work, including specific project(s) names and related references. c. Experience with municipal governmental agencies (2) Fee Schedule a. Consultant shall submit a fee schedule for all positions anticipated to work on this analysis. b. Consultant shall identify potential non -personnel expenses for reimbursement. Statements of Qualifications are due by 5 p.m. on Monday, March 16, 2026, and are to be submitted as a single .PDF document to ivikaaevapiaquIntaca.go\ Please contact me should you have any questions. Thank you. CALIFORNIA - Monika Radeva, MMC 1 City Clerk City of La Quinta 78495 Calle Tampico, La Quinta, CA 92253 Tel: (760) 777-7035 MRadeva©laquintaca.gov 3