Form A-2 - Financial Proposal Submittal Letter (Page 3 of 9) in pdf

the Developer, together with all other Contractors identified in the Proposal that

will be responsible for the performance of construction work on the Project, have

been prequalified for such work by the Department;

the schedule of estimated costs and administrative expenses shown in the Base

Case Financial Model (a) are consistent with the Technical Proposal, (b) were

used to generate the Public Funds Amount and (c) form the basis for all loan

commitments and credit ratings letters included in the Proposal;

Proposer has examined carefully and is fully familiar with all of the provisions of

all of the RFP Documents, including addenda, if any, and the Department’s

responses to questions, and is satisfied that the RFP Documents provide sufficient

detail regarding the obligations to be performed by the Proposer and do not

contain internal inconsistencies;

Proposer has checked carefully all the words, figures and statements in this

Proposal;

Proposer has conducted such other field investigations and additional design

development as is prudent and reasonable in preparing this Proposal; and

prior to the date of this Financial Proposal Submittal Letter, Proposer has notified

the Department of any deficiencies in or omissions from any RFP documents or

other documents provided by the Department and of any unusual site conditions

observed.

Proposer acknowledges that it has examined carefully and is familiar with all of the

provisions of all of the RFP Documents with respect to DBE/SWaM and Veteran/Local New

Hire contract goals, that if selected as the Preferred Proposer it will have an obligation to make a

good faith effort to meet such goals and that the outline plans submitted as part of its Proposal

with respect to such goals are consistent with such obligation.

Proposer represents that all statements made and information contained in its Statement

of Qualifications (“SOQ”) previously delivered to the Department are true, correct and accurate

as of the date hereof, except as otherwise specified in the enclosed Proposal. Proposer agrees

that such SOQ, except as modified by the enclosed Proposal, is incorporated as if fully set forth

in this Proposal.

Proposer understands that the Department will be under no obligation to select the

Proposer submitting the Proposal with the lowest Public Funds Amount or to make a selection at

all. Should an initially selected Preferred Proposer fail to execute (or to cause the entity

identified below as the Developer to execute) the Comprehensive Agreement in accordance with

the requirements of the RFP, the Department reserves the right, in the Department’s sole

discretion, to select an alternative Preferred Proposer to execute the Comprehensive Agreement

to finance, design, construct, operate and maintain the Project.

Virginia Department of Transportation

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Volume 1 to Request for Proposals

Transform 66 P3 Project

Instructions to Proposers

July 29, 2016

Form A-2 - Financial Proposal Submittal Letter Page 3