Arup Selected as Financial Advisor to Support Procurement Efforts for Los Angeles Street Civic Building
LOS ANGELES – The City of Los Angeles’ Bureau of Engineering (BOE) has selected Arup, a global consulting leader in the built environment, as its financial and procurement advisor for the procurement of the Los Angeles Street Civic Building. Arup will lead the development of the RFQ/P documents and will conduct financial analysis and market soundings for the City’s preferred DBFOM and DBF+OM delivery options. Arup will also assist BOE with the management of the procurement process, including evaluation of proposals, negotiations, financial closing and construction phase project management support.
“We look forward to working closely with the Bureau of Engineering as the City embarks on an ambitious plan to remake the Civic Center District,” said Ignacio Barandiaran, principal at Arup. “We are confident that our experience as one of the leading infrastructure advisors in the US will provide the City of Los Angeles with immediate and meaningful value procuring the LASCB project.”
In addition to the City of LA, Arup is currently assisting the City of Long Beach, City of Napa, and the City of Denver with P3 advisory services.
With this selection the City’s procurement team is complete. Perkins+Will is the city’s technical advisor and Ashurst and Loeb & Loeb are the legal advisors. Arup’s sub-consultants for the project include: Deloitte, BAE, MGAC, Trifiletti Consulting, and OCMI.
The City of Los Angeles’s Bureau of Engineering (BOE) held an information session for industry leaders for the project earlier this month. The City is looking to build a 27-29 story tower that will contain 753,740 square feet of office space and underground parking for 1,100 vehicles, according to a July statement issued by the city.
Highlighted in the recent industry meeting presentation, a request for qualifications (RFQ) is expected to be issued in January 2019. The request for proposals (RFP) are slated to be issued next May to shortlisted teams, with responses due in September 2019.
The city is aiming to select a preferred bidder by November 2019 and hopes to have the project agreement approved by January 2020. Construction is expected to begin in February 2020, with operations slated for April 2023.
Arup provides consulting, planning, engineering, design, and consulting services for the most prominent projects and sites in the built environment. Since its founding in 1946, the firm has consistently delivered technical excellence, innovation, and value to its clients, while maintaining its core mission of shaping a better world. Arup opened its first US office more than 30 years ago and now employs 1,400 people in the Americas. The firm’s employee-ownership structure promotes ongoing investment in joint research to yield better outcomes that benefit its clients and partners. Visit Arup’s website, www.arup.com, for more information.