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  5. ›Lease, Development, and Operation of Basin 4 at Point…

City of Richmond·California

Lease, Development, and Operation of Basin 4 at Point Potrero Marine Terminal

Closes 8/5/2026$500k – $3MRequest for Proposal
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Description

The City of Richmond’s Port is seeking a qualified maritime operator to lease, develop, improve, and run Basin 4 at the Point Potrero Marine Terminal. The selected proposer will be responsible for establishing a clean‑maritime‑technology hub that reduces vessel emissions, maintains safe and professional waterfront operations, funds tenant improvements, and delivers economic value through rent and revenue‑share arrangements. • Lease and develop Basin 4, including dock and waterfront infrastructure. • Operate a emissions‑reduction facility compliant with CARB “At‑Berth” standards and provide services to ocean‑going vessels. • Provide capital investments for tenant improvements and create local maritime jobs and training programs. • Meet extensive insurance, regulatory, and sanctuary‑city compliance requirements.

Attached files

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

Contact

Charles Gerard(Port Director)

[email protected]

Key dates

Opened
7/16/2026
Questions due
7/28/2026
Pre-bid meeting
7/23/2026Mandatory
Site visit
7/23/2026
Closes
8/5/2026

Last updated

Details

Type
Request for Proposal
Industry
Shipping Services
NAICS
488310
Solicitation №
Bid ID 144015

Budget estimate

$500,000 – $3,000,000

No explicit financial figures are disclosed, but similar waterfront lease‑plus‑development deals in the Bay Area typically generate base rents ranging from $0.5 million to $2 million annually, with additional gross‑revenue‑share percentages that can push total annual compensation to $3 million or more. Assuming a 5‑year lease term, the total contract value could range between $2.5 million and $15 million, depending on the bidder’s investment plan and revenue‑share proposal.

AI estimate from the solicitation

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