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

The Residences at 340 North (Phase I) – Prequalification of Mechanical, Electrical, and Plumbing (MEP) Trade Contractors

Closes 6/14/2026$10M – $20MRequest for Qualification
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Description

The Residences at 340 North is a multi-phase residential development consisting 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 twenty-two (22) two-story townhome units, together with all associated infrastructure, utilities, and site improvements necessary to support both the initial phase and future development. The project requires the prequalification of licensed mechanical, electrical, and plumbing (MEP) trade contractors to support the construction of The Residences at 340 North (Phase I). • The project is located in Estate St. Joseph and Rosendahl, St. Thomas, U.S. Virgin Islands. • The development will be comprised of tax parcels 4I and 4J REM. • A Mandatory Pre-Proposal Conference and Optional Site Visit will be held on May 29, 2026. • Respondents will be evaluated based on relevant MEP experience, technical capability, key personnel, financial capacity, quality control, and past performance. • The project may be funded in whole or in part with federal funds and may be subject to HUD and other applicable federal requirements.

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
5/29/2026
Closes
6/14/2026

Last updated

Details

Type
Request for Qualification
Industry
Construction
NAICS
236220
Solicitation №
2026-RFQ-ACDEV-004

Budget estimate

$10,000,000 – $20,000,000

The budget for this project can be estimated based on the scope of work, which includes the construction of twenty-two (22) two-story townhome units and associated infrastructure. The cost of such a project can range from $10 million to $50 million, depending on the location, materials, and labor costs. However, since the project is funded in part by federal funds, the actual budget may be higher due to the additional requirements and regulations. Assuming an average cost per unit of $200,000 to $500,000, the total project cost would be around $4.4 million to $11 million for the 22 units. However, this is a rough estimate and does not take into account the cost of infrastructure, utilities, and other supporting services. Therefore, a more realistic estimate for the budget would be in the range of $10 million to $20 million.

AI estimate from the solicitation

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