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Development Opportunities
Panama City provides dynamic opportunities for development and business investment. The Community Redevelopment Agency (CRA) is now inviting proposals and applications through various avenues, including Requests for Proposals, Invitations to Bid, and the Tax Increment Rebate Program, all designed to support projects that align with the city’s strategic district plans.
This program is designed to encourage private sector redevelopment, in-fill projects, and public improvements that align with the city’s recovery and growth strategies. By offering financial incentives through tax increment rebates, the program supports eligible developments—such as mixed-use projects, affordable housing, and environmental clean-ups—that enhance our community’s economic vitality and quality of life. Whether you’re a developer or a property owner, explore how this program can help bring your vision to life while revitalizing Panama City's vibrant neighborhoods.
To learn more, view the document below to explore the full program details, including eligibility requirements, benefits, and potential bonuses. Ready to take the next step? Follow the outlined application process and connect with us to see how your vision aligns with Panama City’s redevelopment goals. Don’t miss this opportunity to make an impact!
What is a Request for Proposal (RFP)?
The RFP is used when the importance of technical considerations dictates the contract award be based upon cost and "other factors". The "other factors" are expressed in the RFP as Evaluation Criteria. Unlike the IFB, which contains a detailed description or design specification, the requirements in an RFP are generally expressed in terms of required performance outcome or "project deliverables". Suppliers are asked to propose their own technical solution to achieve the required results. The proposal evaluation and source selection process begins with evaluation of the technical proposal by using the Evaluation Criteria listed in the RFP to assess the acceptability of each technical proposal received. After technical merit is determined, the pricing proposals of those suppliers whose technical proposals are determined to be acceptable are reviewed. Evaluations of technical merit and price are then completed. In order to ensure a complete understanding of all issues, and that the proposed price properly reflects that understanding, negotiation discussions may be conducted. Contract award is made based upon the city's "best value" determination. The "best value" need not be the lowest price.
No active Requests for Proposals (RFPs) are currently available. Please check back for updates.
What is an Invitation to Bid (ITB)?
The ITB is a more formal process which requires detailed specifications be solicited by the city for firm bids, i.e., "Offers" in sealed envelopes which are opened and read at a public bid opening. Bids are due on or before the published date and time for receipt at the Purchasing office. Bids received after the exact time set for opening of bids will be returned unopened. If suppliers have questions about Bid requirements, they should ask for clarification prior to bid opening. Contract award is based on the criteria specified in the ITB.
No active Invitations to Bid (ITBs) are currently available. Please check back for updates.
Purchasing and Procurement
The Community Redevelopment Agency (CRA) follows the City of Panama City’s procurement guidelines as outlined in Chapter 163 of the Florida Statutes. All inquiries about open Requests for Proposals (RFPs) or Invitations to Bid (ITBs) should be directed to the Purchasing Department. Please note that the CRA is unable to provide information about open solicitations. For more details on the City’s procurement policies, visit the Purchasing Department page.