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Town of Chapel Hill·North Carolina

Capital Needs Assessment and Asset Repositioning Strategy

Closes 10/30/2026$200k – $500kRequest for Qualification
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Description

The Town of Chapel Hill is seeking a qualified consulting firm to conduct a HUD‑compliant Capital Needs Assessment (CNA) of its 296‑unit public‑housing portfolio and to develop a comprehensive Asset Repositioning Strategy. The consultant must use the HUD CNA eTool, inspect a statistically‑sampled portion of occupied units, all vacant units, and community facilities, and produce a 20‑year capital‑needs schedule with cost estimates. The second phase requires evaluating repositioning options (RAD, Section 18, PBV, TPV, redevelopment, off‑site “build‑first” strategies), performing financial analysis, and presenting recommendations to town leadership and stakeholders. An optional Phase I Environmental Site Assessment may be performed and incorporated into the financial model. Deliverables include draft and final reports, electronic data sets, and at least two stakeholder presentations.

Attached files

Contact

Lenore Bishop(Purchasing & Contracts Manager)

[email protected]

(919) 969-5022

Key dates

Opened
9/30/2026
Questions due
10/15/2026
Closes
10/30/2026
Projected award
1/1/2027
Duration
1 years

Last updated

Details

Type
Request for Qualification
Industry
Consulting Services
NAICS
541618
Solicitation №
A/E27-001

Budget estimate

$200,000 – $500,000

The contract is a one‑year consulting engagement covering a full capital‑needs assessment of ~300 units plus a detailed asset‑repositioning strategy. Based on typical rates for HUD‑qualified consultants (≈ $150‑$250 per hour) and the extensive data collection, analysis, reporting, and stakeholder presentations required, the total fee is likely to fall between $200,000 and $500,000. The range accounts for variability in firm size, depth of environmental study, and the level of detail in financial modeling.

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