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A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE NEWPORT
NEWS REDEVELOPMENT AND HOUSING AUTHORITY AUTHORIZING THE
EXECUTIVE DIRECTOR TO EXECUTE A CONTRACT FOR PUBLIC
HOUSING ASSET REPOSITIONING ADVISOR SERVICES
WHEREAS, The Newport News Redevelopment and Housing Authority
(NNRHA) seeks a consultant to analyze the repositioning options of its public
housing portfolio consisting of four developments of 711 public housing units:
Marshall Courts (259 units), Aqueduct Apartments (262 units), Pinecroft
Apartments (140 units), and Ashe Manor (50 units); and
WHEREAS, from the analysis, the Repositioning Advisors will develop a
mid-to long-term asset repositioning strategic plan that will also assist with
prioritizing the capital needs of each development during that period; and
WHEREAS, the Request for Bid (RFB) was released February 3 and closed
February 19; and
WHEREAS, the proposal review committee evaluated and ranked the two
proposals received, and AH Forward LLC received the highest score from the
committee and recommends that NNRHA contract with AH Forward LLC for Asset
Repositioning Advisor Services for a firm-fixed price of Nine thousand and Six-
hundred dollars ($9,600).
NOW, THEREFORE, BE IT RESOLVED by the Commissioners of the
Newport News Redevelopment and Housing Authority that the Executive Director
is authorized to execute contracts for services between AH Forward, LLC and the
Newport News Redevelopment and Housing Authority for its Public Housing Asset
Repositioning Advisor Services for a firm-fixed price of Nine thousand and Six-
hundred dollars ($9,600).Jump to an indexed page (65 of 65)