NBG – One-On-One Meetings Criteria
NJ TRANSIT sought constructive input from industry participants that met the criteria outlined in any of the categories below.
P3 Developers and/or Investors
Developers or equity investors with experience as a member of a project team or joint venture with experience in:
- Completing construction or entering operations for developing at least two P3 infrastructure projects owned by government agencies of over $300 million in the last 10 years, and
- Leading and closing equity investments of $50 million or more for at least two infrastructure projects delivered under a P3 delivery model in the last 5 years
Preference will be given to those firms with experience in developing facilities similar to the NBG and experience with the full project lifecycle including design, construction, financing, and maintenance of such facilities.
Contractors
Contractors shall have experience as a prime contractor or member of a construction joint venture responsible for the delivery of maintenance facilities similar to the NBG with a construction contract price of over $200 million and reaching substantial completion within the past 5 years.
Preference will be given to those contractors who can demonstrate the most experience and to those who have additional experience in providing long-term, lifecycle maintenance services for such facilities.
ZEV Bus and Infrastructure Manufacturers
Manufacturers of ZEV buses and related equipment or charging infrastructure with at least five years of experience in manufacturing and delivering fleets of ZEV buses or designing, manufacturing, and installing ZEV charging infrastructure.
Commercial Real Estate Developers
Commercial real estate developers with at least ten years of experience in:
- Developing, permitting, constructing, financing, and leasing of property for commercial, retail, office, industrial, or residential use.
- Executing lease agreements or joint-development agreements with transit, government or state agencies, with at least one such agreement in the past five years.
Preference will be given to real estate developers with experience in New Jersey, New York, or Northeast and Mid-Atlantic real estate markets.
Firms interested in participating in the one-on-one meetings registered by identifying their interest in one of the above categories and described their capabilities and experience in meeting the criteria. Due to time restrictions, NJ TRANSIT limited one-on-one meetings to a maximum of five per category. NJ TRANSIT offered the first two one-on-one meetings per category on a first-come first-served basis. For the remaining three one-on-one meetings in each category, NJ TRANSIT determined which additional participants would be offered meetings to gain a diversity of perspectives from industry.
DISCLAIMER: THE ONE-ON-ONE MEETINGS DID NOT CONSTITUTE THE START OF A FORMAL PROCUREMENT PROCESS AND PARTICIPATION IN THE ONE-ON-ONE MEETINGS WERE NOT A PREREQUISITE TO PARTICIPATE IN ANY FUTURE PROCUREMENT OF THE PROJECT. NO FIRM WILL BE ADVANTAGED OR DISADVANTAGED IN SUBSEQUENT SOLICITATION(S) BY EITHER PARTICIPATING OR PARTICIPATING IN THE ONE-ON-ONE MEETINGS.