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  5. ›Request for Proposal FY24-ENG-52-C Construction…

City of Laredo·Texas

Request for Proposal FY24-ENG-52-C Construction Management-At-Risk Service for the Plaza Theatre Preservation and Restoration (Two-Step Selection Process) Step II - Short-listed firms only

Closes 10/19/2026$7M – $9MRequest for Proposal
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Description

The City of Laredo is seeking a Construction Manager‑at‑Risk (CMAR) to lead the preservation, restoration, and interior renovation of the historic Plaza Theatre, as well as the construction of an adjacent infill structure that will support theater operations and improve accessibility. The effort is a two‑step selection process; this RFP is Step II and is limited to firms that were short‑listed in Step I. The contractor will be responsible for detailed design coordination, procurement, construction management, integration of new building systems, and delivery of a guaranteed‑maximum‑price contract. The estimated project budget is $8.4 million, and the successful proposer must provide a 5 % bid bond and be prepared to execute performance and payment bonds upon award.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Eliud De Los Santos, P.E.

[email protected]

(956) 791‑7346

Key dates

Opened
9/27/2026
Questions due
10/9/2026
Closes
10/19/2026

Last updated

Details

Type
Request for Proposal
Industry
Construction
NAICS
236220
Solicitation №
RFP FY24-ENG-52-C

Budget estimate

$7,000,000 – $9,000,000

The RFP states an estimated project budget of $8,400,000. Under a CM‑at‑Risk delivery, the contractor typically earns a fee of 5‑10 % of the guaranteed‑maximum‑price plus reimbursements for direct costs. Assuming the final GMP is close to the estimate, the contractor’s net earnings would likely fall between roughly $7 million (lower‑end fee and modest cost overruns) and $9 million (higher‑end fee and minimal overruns). Factors influencing the final budget include the final GMP, change‑order volume, subcontractor pricing, and the cost of required performance/payment bonds.

AI estimate from the solicitation

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