GSFIC Bond MRR Allocation

If you have any questions about the program or project eligibility, please email [email protected].

*Application Deadline:  December 1, 2021

Purpose/Goals                                                           

  • Disbursement of the $10,000,000 in bond funds appropriated for major repairs and renovation of State-owned facilities throughout the state.
  • Improve and protect State properties by funding capital improvement projects for entities where financial resources have been limited.
  • Serve a broad section of projects throughout the state.
  • To encourage broad participation by contractors and professionals, GSFIC will offer technical assistance to help process documentation and pay requests.
  • Preference will be given to firms based on proximity to the project.

Project Selection

  • GSFIC will work with the Governor’s Office of Planning and Budget and the State Properties Commission on identifying project selection and prioritizing needs.
  • GSFIC will modify the procurement process to reach greater participation from smaller firms or firms that may not normally participate in GSFIC construction projects.
  • Project size may vary, but typical project pricing will range from $50,000 to $500,000.
  • Requests will be reviewed, and priority given to “shovel ready” projects that may begin ASAP.

Project Operations

  • GSFIC will assign Project Managers to all projects to help complete documentation and ensure compliance of Bond Funding.
  • GSFIC is simplifying the contracting requirements while protecting the integrity of the project.

GSFIC Project Support Staff

  • Project Managers / Assistant Project Managers / Construction Compliance Specialists / Design Review /  Procurement / Legal / Accounting