Lease Group 3 CEP Evaluation Form Please - Port of Seattle 2018-03-13آ  Lease Group 3 CEP Evaluation

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  • Lease Group 3 CEP Evaluation Form

    Please: Input the Package Name exactly as it appears on its Share Point folder Input Respondent Name as the Respondent Company not Name of Concept Fill in all possible fields Please add "none" or "nothing" so it is understood when there are no comments

    Many thanks for your efforts.

  • • Identify and substantiate the sources and amounts of funding to be used for tenant improvements and working capital.

    • Indicate the number of full-time and part-time employees, if applicable, both currently and over the past twelve months. If this is a new entity, please provide employee information for the current operations of the owners/ partners.

    • Include a brief history of the business.

    • Note any changes in company name(s) and ownership structure(s) and any other names under which the company has been doing business.

    • List any judgments or lawsuits currently pending or any lawsuit filed against or judgment offered against you or the company within the last ten (10) years.

    • List any lawsuits filed by you or the company in the last ten (10) years.

    • Note if you have ever declared bankruptcy, filed a petition in any bankruptcy court, filed for protection from creditors in bankruptcy court, been named as a defendant in any legal proceedings, or had involuntary proceedings filed in bankruptcy court and the status of each occurrence.

    • Whether you currently operate a business covered by City of SeaTac Proposition 1 (Prop 1). (Yes or No).

    1. If the answer to the prior question is “Yes”, please state whether you have provided your employees with wages and benefits that met or exceeded the requirements of Prop 1 since January 1, 2014.

    2. If the answer to the prior question is “No”, please state whether you have addressed or otherwise reserved for such amounts extending back to January 1, 2014.

    3. If the answer to the prior question is “Yes”, please explain how. If you have not addressed or otherwise reserved for such amounts extending back to January, 2014, please explain why you do not expect to be liable for those amounts.

    • Explain in detail the company’s food service, retail and/or service operating experience.

    1. Number of years of relevant experience operating in a mall, downtown, airport, or other high-traffic location.

    Evaluation Criteria I. Background, Experience and Financial Capability (20 points) – When evaluating the background, experience and financial capability portion of the response, the following information should be considered:

    A maximum of five pages is allowed for this section, not including financial statements noted below.

    The company must demonstrate stability, experience and expertise in operating a business similar to that proposed in a challenging environment. The company must demonstrate that it has the financial capacity to fulfill the commitments of an Agreement with the Port. Information submitted in response to this section must include a narrative for each of the following items:

    Evaluation Form for Seattle-Tacoma International Airport Airport Dining and Retail Program

    Competitive Evaluation Process – Lease Group Three Package:

    Page2

    Name of Respondent Company Name of Evaluator

  • 2. Number of locations currently in operation and specific experience with the offered concept, if any. Number of Locations:

    3. Descriptions of up to three (3) current operations most relevant to those included in this submittal. For these relevant operations, list the square footage, gross sales for the last three years, sales per square foot, Enplanements for those years (if an airport property), average sales per transaction, guaranteed rent or base rent (if applicable), percentage rent (if applicable), actual rent paid, term of lease (including commencement and expiration dates), capital investment (broken down into initial build-out and refurbishments, if applicable) and photographs (if available). Include a description of any operational challenges, including logistics, seasonal business swings, employee retention and any others deemed appropriate.

    • Names, addresses and telephone numbers of the current landlords or property managers for each of these operations who will be familiar with the day-to-day operations.

    • Provide balance sheet and income statements for the last three (3) fiscal years prepared in accordance with generally accepted accounting principles (GAAP). If the company is a newly- formed organization, the respondent company must include a certified statement of the names of the officers of the organization to be formed, the principal occupation of all members of the new organization’s Board, and certified statements of the net worth of the prime participants in the organization.

    To assist with your evaluation of financial capability, a summary of key financial ratios for the respondent company has been prepared by the Port’s concession consultant and will be provided to you.

    Information Missing from the Proposal for the Background, Experience and Financial Capability Section

    Evaluation Form for Seattle-Tacoma International Airport Airport Dining and Retail Program

    Competitive Evaluation Process – Lease Group Three Package:

    Page3

  • Evaluation of Background, Experience and Financial Capability Section

    Evaluator’s Score = (Maximum 20 Points)

    Outstanding (meets all requirements and exceeds many) 17-20 points Very Good (meets most or all requirements and exceeds some) 13-16 points Good (meets most or all requirements) 9-12 points Fair (meets some requirements) 5-8 points Poor (fails to meet most requirements) 0-4 points

    Detailed Notes Regarding Strengths of the Background, Experience and Financial Capability Section Supporting Scoring

    Detailed Notes Regarding Weaknesses of the Background, Experience and Financial Capability Section Supporting Scoring

    Questions

    Evaluation Form for Seattle-Tacoma International Airport Airport Dining and Retail Program

    Competitive Evaluation Process – Lease Group Three Package:

    Page4

  • II. Concept Development (25 Points) – When evaluating the concept development portion of the response, the following information should be considered:

    A maximum of five pages per concept is allowed for this section, not including menus.

    The response should demonstrate the ability of the concept (or concepts) proposed to meet or exceed the expectations described for the unit or units. The Airport is a competitive environment for customer spending; therefore, the ability to attract business hinges on developing a concept with broad and lasting customer appeal.

    Information submitted in response to this section must include a narrative description of the following:

    1. Provide details of the restaurant or retail concept proposed, including the name of the proposed store name/ concept, whether it would be a franchised/licensed operation, and the rationale for its selection for the Seattle-area market. Fully explain why you believe this concept will be successful at Sea-Tac. Provide this information for every location, if concepts differ.

    2. Provide a merchandise/menu/services list, including proposed pricing. All prices must adhere to the airport’s Pricing Policy, which is referenced as Exhibit D of the draft lease document. Submittals should also include selections specifically oriented to and priced for children. Please include menu items to address dietary restrictions, which may include gluten-free, vegetarian, and vegan. In developing menus, a majority of the selections should be able to be prepared in a short amount of time to accommodate the traveling customers.

    3. Provide franchise and/or license authorization letters for any franchised or licensed concepts in the submittal. (Not included in the five page limit.)

    Information Missing from the Proposal for the Concept Development Section

    Evaluation Form for Seattle-Tacoma International Airport Airport Dining and Retail Program

    Competitive Evaluation Process – Lease Group Three Package:

    Page5

  • Evaluation of Concept Development Section

    Evaluator’s Score = (Maximum 25 Points)

    Outstanding (meets all requirements and exceeds many) 21-25 points Very Good (meets most or all requirements and exceeds some) 16-20 points Good (meets most or all requirements) 11-15 points Fair (meets some requirements) 6-10 points Poor (fails to meet most requirements) 0-5 points

    Detailed Notes Regarding Strengths of the Concept Development Section Supporting Scoring

    Detailed Notes Regarding Weaknesses of the Concept Development Section Supporting Scoring

    Questions

    Evaluation Form for Seattle-Tacoma International Airport Airport Dining and Retail Program

    Competitive Evaluation Process – Lease Group Three Package:

    Page6

  • III. Unit Design, Materials and Capital Investment (25 Points) – When evaluating the unit design, materials and capital investment portion of the response, the following information should be considered:

    A maximum of five pages is allowed for this section, not including renderings, photographs, and floor plans.

    The response should demonstrate and describe the quality of unit design, efficient use of space, selection of appealing and durable materials (including sustainable materials) and its’ relation to the Pacific Northwest sense of place, as well as the rea