Request for Proposals for Capital Improvement Plan

The Town of Poultney is seeking proposals from qualified consultants to develop a comprehensive Capital Improvement Plan (CIP) and Strategic Asset Management Framework. The plan will include an asset inventory, replacement schedule, 5- and 10-year funding projections, and a strategic framework to guide future capital investment decisions. The consultant will conduct interviews with municipal staff and board representatives, analyze historical financial records, and review infrastructure conditions. The final deliverable will include a comprehensive Capital Improvement Plan, prioritized project list, funding strategy options, and presentation to municipal boards and the public. • The project will create a detailed inventory of municipal capital assets, including buildings, roads, vehicles, equipment, and public facilities. • The consultant will conduct interviews with department heads and key municipal staff to identify existing assets, anticipated capital needs, replacement schedules, operational challenges, and management practices. • The consultant will analyze baseline capital spending and develop 5- and 10-year capital projections overall and by department, including order-of-magnitude cost estimates and replacement schedules. • The consultant will provide a strategic framework for prioritizing capital investments, including recommended criteria for ranking projects, funding strategy options, and identification of roles and responsibilities for ongoing asset management.