Request For Application

ITO PS20191328 - PURCHASE AS FREEHOLD OR LONG-TERM LEASE - MOUNT PLEASANT INDUSTRIAL AREA DEVELOPMENT SITE

LAST UPDATED:

Addendum

November 5, 2019

Amendment

No updates

Questions & Answers

November 1, 2019

CONTACT

All queries related to this ITO shall be submitted in writing to the attention of:

Donabella Bersabal, Contracting Specialist
E-mail: donabella.bersabal@vancouver.ca

PHONE NUMBER

604.829.2081

FAX NUMBER

604.873.7057

ENQUIRIES

donabella.bersabal@vancouver.ca

[Please specify bid number, bid title and purchasing agent's name when sending email.]

Questions will be accepted, and answers posted, ONLY IF they are submitted in writing five working days prior to the bid closing date

CLOSING DATE & TIME

3:00:00 pm (Local Vancouver Time), Thursday, November 28, 2019

CLOSING LOCATION

Offers to Purchase or Lease (herein called “Offers”) are to be addressed and delivered to the Supply Chain Management Office, 4th Floor, City of Vancouver, 453 West 12th Avenue, Vancouver, British Columbia, Canada, V5Y 1V4, and must be received in the drop box at the Supply Chain Management Office prior to 3:00pm, Vancouver Time (as defined in Note 2 ), on Thursday, November 28, 2019 (the “Closing Time”).

The Offers will not be opened publicly.

PLEASE DO NOT SUBMIT OFFERS BY FAX OR EMAIL.

Request for Application received after the closing time may be returned unopened.

Fax Request for Application will not be accepted.

Please visit our Bidding Procedures page for additional information.

General Description of Requirement

The City of Vancouver (the “City”) is inviting offers to purchase as freehold or enter into a long-term lease (102 years: 99 years operating plus 3 years development time) for land and an existing building located at 123 E. 6th Avenue, Vancouver (“Property”) in the City’s burgeoning Mount Pleasant Industrial Area. The salient information for the Property is summarized in this Invitation to Offer (the “ITO”).

Interested Offerors are required to sign a Non-Disclosure Agreement (NDA) attached as Schedule E in the ITO and return it to the Contact Person to obtain access to all documents. Offers will only be accepted from Offerors who signed the NDA.

The City invites offers to purchase or lease the Property (“Offers”) from prospective purchasers or lessees (“Offerors”) in accordance with the terms and conditions provided in this ITO, subject always to the condition that the City assumes no legal duty or obligation in doing so unless and until the City accepts a valid offer by resolution of Vancouver City Council and enters into a binding contract of purchase and sale or a binding lease with the successful Offeror. In all cases, Offerors are to submit all offers knowing that the Property is to be sold or leased on an as-is, where-is basis.

The ITO process is expected to unfold as per the schedule below, though the dates provided are subject to change. The City reserves the right to modify these milestones and timelines at its sole discretion. For more detail, refer to Schedule J.

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Information Meeting

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Downloading the Document

Applicants must not electronically alter any portion of downloaded documents with the exception of adding the information requested. To do so will invalidate your bid.

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PS20191328 1,921 KB