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  5. ›Rosewood Lakes Nature Study Concessionaire

City of Reno·Nevada

Rosewood Lakes Nature Study Concessionaire

Closes 6/18/2026$500k – $5MRequest for Proposal
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Description

The City of Reno is seeking a qualified concessionaire to assume a 10‑year lease (with two optional 10‑year extensions) for the Rosewood Lakes Nature Study property. The concessionaire will develop, maintain, and operate the natural‑preserve area, providing trail construction, native‑plant restoration, recreational‑facility upkeep, seasonal maintenance, environmental compliance, public‑safety measures, and community‑engagement programming. Compensation consists of a minimum monthly fee plus revenue‑share percentages on gross receipts. • Full‑service park and nature‑preserve management—including trail building, habitat restoration, and amenity upkeep. • Required quarterly/annual reporting, environmental monitoring, and coordination with city emergency services. • Financial model: $1,000 minimum monthly fee, 10 % revenue share above $15 k/month and 2 % of all gross revenue; long‑term lease with optional extensions.

Attached files

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

Contact

Marcie Wood(Management Analyst – Procurement)

[email protected]

(775) 326-6658

Key dates

Opened
5/18/2026
Questions due
5/28/2026
Closes
6/18/2026
Projected award
8/12/2026
Duration
10 years

Last updated

Details

Type
Request for Proposal
Industry
Sports and Recreation
NAICS
712199
Solicitation №
RFP 2026-09

Budget estimate

$500,000 – $5,000,000

The contract guarantees a $1,000 monthly minimum (≈ $12,000 / year) plus a revenue‑share model: 10 % of gross receipts exceeding $15,000 per month and a 2 % flat share of total gross revenue. Assuming modest concession activity generating $30,000 / month, the monthly revenue‑share would be roughly $1,500 (10 % of $15k) plus $600 (2 % of $30k), totaling $2,100 on top of the $1,000 fee ≈ $3,100 / month or $37,200 / year. Over a 10‑year base term this yields ≈ $372,000. If the site can attract higher visitor spend (e.g., $60k / month), earnings could climb to $6,000‑$7,000 / month, or $70k‑$84k / year, approaching $700k‑$840k over ten years. Adding two optional 10‑year extensions could push total earnings into the multi‑millions. Thus a realistic low‑end estimate is around $500,000 and a high‑end around $5,000,000, depending on visitor revenue, expense control, and successful capital improvements.

AI estimate from the solicitation

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