At the January 2017 Sustainability and Resiliency Committee, during the Resilience Strategy Work Plan monthly update, Commissioner Arriola and the other the four additional Commissioners present discussed the need for and requested a data-based business case study of our resilience program. Staff consulted with the 100 Resilient Cities network who were quite intrigued with our complex request.   It was concluded that through the competitive process we can assess the market, different scenarios and seek the best product for the City of Miami Beach. 

The City is soliciting proposals from qualified firms that can provide the City with business case analysis(es) of the City’s stormwater infrastructure program upgrades, other resiliency measures, or adaptation strategies (the “Work”). Through this RFQ, the City intends to select one or more firms that can provide the City with resiliency related business case analysis(es) as required. The business case study(ies) requested include economic analysis(es) of the value of our risk reduction investments to address flooding and sea level rise.  This analysis should explain the risk cost of inaction (in dollar terms) and the extent to which the risk cost is likely to be reduced as a result of the city’s infrastructure investments (also in dollar terms).  The Work may consider the complex relationship and impact(s) among City investments (that reduce risk to flooding and sea level rise) to the City’s property tax base, flood insurance, real estate market and financial mortgage cycles, and City credit ratings, land use issues, or any other factor that may be pertinent to the Work.

• MINIMUM QUALIFICATIONS.  Please Reference, Appendix C, Page 25, RFQ 2017-300-KB for Business Case Analysis of the City of Miami Beach Resiliency Program Update (attached).

   

• SUBMITTAL REQUIREMENTS.  Please Reference Section 0300, Page 12, RFQ 2017-300-KB for Business Case Analysis of the City of Miami Beach Resiliency Program Update (attached).

   

• CRITERIA FOR EVALUATION.  Please Reference Section 0400, Page 14, RFQ 2017-300-KB for Business Case Analysis of the City of Miami Beach Resiliency Program Update (attached).

The Administration recommends that the Mayor and Commission authorize the issuance of the RFQ 2017-300-KB for Business Case Analysis of the City of Miami Beach Resiliency Program.

Grant funding will not be utilized for this project.