Reso. No. _____
RESOLUTION NO. ______
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RICHMOND,
CALIFORNIA, AUTHORIZING ON-CALL FINANCIAL AND ECONOMIC
ANALYSES SERVICES CONTRACTS FOR AN AMOUNT NOT TO EXCEED $500,000 PER VENDOR OVER A THREE-YEAR PERIOD WITH AN OPTIONAL
TWO, ONE YEAR EXTENSIONS
WHEREAS, the Community Development Department and other City Departments anticipates services for Financial and Economic Analysis Services; and
WHEREAS, the project-by-project bidding process for these services can take up to four months and involves significant per-project staff time and costs; and
WHEREAS, the Community Development Department and other City Departments have demonstrated that the use of professionals drawn from a list of service firms that have undergone a competitive process, eliminates much of the delay and costs associated with project -by-project bidding; and
WHEREAS, on August 25 , 2025 , the Community Development Department in collaboration with other C ity Departments issued a Request for Qualifications (RFQ) for on-call Financial and Economic Analyses through the City’s BidsOnLine system; and
WHEREAS, 648 firms were notified, and 40 firms downloaded the RFQ; and
WHEREAS, 13 firms responded to the RFQ , and all were reviewed by a panel consisting of the Community Development Department, Finance, Economic Development, and the Port staff; and
WHEREAS, in evaluating the qualifications, the panel evaluated the responses on the firm’s general experience and past performance, qualifications information, and the cost & hourly rate for all key personnel; and
WHEREAS, the firms recommended for Financial and Economic Analyses on-call list are;
1 RSG, Inc.
2 ECOnorthwest
3 BAE Urban Economics, Inc.
4 The Concourse Group LLC
5 PFM Financial Advisors LLC
6 Economic and Planning System, Inc.
(EPS)
7 Jones Lang LaSalle Americas, Inc.
8 Land Econ Group
9 Infrastructure Advisors LLC
10 Century Urban, LC
11 LeSar Development Consultants
12 NELB Consultants, LLC
13 Hoffman Strategy Group
WHEREAS, each on-call service contract would be for an amount not to exceed $500,000, over a three-year period, with an option to extend for two, one-year extensions; and
WHEREAS, firms will be selected to provide On-Call Financial and Economic Analyses for development project review and evaluation, and advanced planning projects as needed; and
WHEREAS, firms on the on -call list will be selected to perform specific project -related work based on their project-related experience and availability to complete the work; and
Reso. No. _____
WHEREAS, the Community Development and other City Departments will manage their contracts, and the costs of each contract will be paid by the applicant, as well as grants, and/or comprehensive planning fees, and or department budgets based on services contracted.
NOW, THEREFORE, BE IT RESOLVED that the Council of the City of Richmond hereby authorizes the Community Development and other City Departments to enter into Service Contracts for on-call Financial and Economic Analyses with the above-mentioned firms for an amount not to exceed $500,000 per vendor over three years, with an option to extend for two, one-year extensions.
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I certify that the foregoing resolution was passed and adopted by the City Council of the City of Richmond at a regular meeting thereof held on December 16, 2025, by the following vote:
AYES: AYES:
NOES:
ABSTENTIONS:
ABSENT:
CLERK OF THE CITY OF RICHMOND
(SEAL)
Approved:
Mayor
Approved as to form:
City Attorney
State of California }
County of Contra Costa : ss.
City of Richmond }
I certify that the foregoing is a true copy of Resolution No. _____, finally passed and adopted by the City Council of the City of Richmond at a regular meeting held on_________.
_______________________________________
Pamela Christian, Clerk of the City of Richmond