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Virgin Islands Housing Finance Authority·U.S. Virgin Islands

The Residences at 340 North (Phase I) – Prequalification of Contractors for Horizontal Infrastructure

Closes 6/14/2026$5.4M – $14MRequest for Qualification
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Description

The Residences at 340 North is a multi-phase residential development project located in Estate St. Joseph and Rosendahl, St. Thomas, U.S. Virgin Islands. The project consists of approximately 80 residential units, including townhomes and single-family homes, along with all supporting infrastructure. Phase I of the project includes the construction of approximately 22 two-story townhome units, together with all associated infrastructure, utilities, and site improvements necessary to support both the initial phase and future development. A.C. Development, LLC is seeking qualified contractors to support the construction of the project. The contractors will be evaluated based on their relevant civil and infrastructure project experience, technical capability, key personnel, financial capacity, safety record, and experience with federally funded projects. • The project is expected to be constructed based on A.C. Development's approved construction drawings. • A mandatory pre-proposal conference and site visit will be held on May 29, 2026. • Contractors must submit their qualification statements electronically through the IonWave e-Procurement System by June 14, 2026. • The qualification statements will be evaluated, and a prequalified pool of licensed contractors will be established. • The prequalified contractors will be invited to participate in a subsequent Invitation for Bid (IFB) or Request for Proposal (RFP) for Package A, Horizontal Infrastructure.

Attached files

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

Contact

Lindeon Davis

Key dates

Opened
5/15/2026
Questions due
5/31/2026
Pre-bid meeting
5/29/2026Mandatory
Site visit
5/29/2026Mandatory
Closes
6/14/2026

Last updated

Details

Type
Request for Qualification
Industry
Construction
NAICS
236115
Solicitation №
2026-RFQ-ACDEV-001

Budget estimate

$5,400,000 – $14,000,000

The budget for this project can be estimated based on the scope of work, which includes the construction of 22 two-story townhome units and associated infrastructure. The cost of constructing a single townhome unit can range from $200,000 to $500,000, depending on the location, materials, and labor costs. Therefore, the total cost for constructing 22 townhome units can be estimated to be around $4.4 million to $11 million. Additionally, the cost of infrastructure, utilities, and site improvements can add another $1 million to $3 million to the total cost. Based on these estimates, the budget for this project can be expected to be in the range of $5.4 million to $14 million.

AI estimate from the solicitation

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