The Falmouth Retirement Board is seeking proposals from qualified property owners to lease and/or purchase a parcel of land, with buildings thereon with associated parking, within the Town of Falmouth, to use for the administrative offices of the Falmouth Contributory Retirement System. The option to lease office space shall be for a minimum term of 10 years with an option to extend the lease for an additional 10-year period. The Board has determined that the option to purchase is subject to M.G.L. Chapter 30B and Commonwealth of Massachusetts Regulations 840 C.M.R. - Public Employee Retirement Administration Commission (PERAC).
All respondents are hereby advised that any proposal selected shall be subject to: (1) formal approval by the Board in accordance with the specified evaluation criteria, including but not limited to, the best interests of the retirement system, (2) a written agreement, and (3) authorization of the engagement by PERAC. Additional terms of lease or purchase to be reasonably negotiated.
The R.F.P. will be available on Monday, June 13, 2022. Completed original, hard copies and electronic copies of the respondent’s R.F.P. response must be received no later than 2:00 p.m. EST on Friday, August 5, 2022. Any bids submitted after this time will not be accepted. At its discretion, the Board reserves the right to cancel or reject in whole or in part any and all proposals in the best interest of the retirement system.
Requests for a copy of the R.F.P. should be sent to:
Falmouth Retirement System Attn: Francis St. Germaine, Director 80 Davis Straits, Suite 102 Falmouth, MA 02536
E-Mail: retire@falmouthretirementma.gov