The University of Kentucky has provided public notice of receipt of an unsolicited proposal for a public-private partnership on the university’s Coldstream Research Campus in Lexington. The proposal is to design, build, finance, operate and maintain a 40,000-square-foot office and wet laboratory incubator building. This new facility would contain labs and office space.
Responses are due by Feb. 1, 2019 with questions due by Jan. 18. The University of Kentucky is free to use ideas, adaptations and combinations of those ideas received to develop a future Request for Proposal (RFP). An award of contract may result from the RFP, if issued.
The Coldstream Research Campus is home to over 50 companies and organizations. More than 2,100 employees work on the 735-acre campus in various research fields that include agricultural biotechnology, pharmaceuticals, equine health, engineering technology, pharmaceutical manufacturing, software and information technology.
Some companies on the campus are graduates of ASTeCC, UK’s high-tech business incubator, others have licensed UK intellectual property or are clients of the Von Allmen Center for Entrepreneurship.
As we’ve written before, our view is that P3s – from state and local governments, especially –have been an underutilized tool, as only a handful of potential projects have been announced that started as unsolicited proposals. If you’re interested, make sure to check out what to do and what not to do when submitting a response to an RFP or RFI. Learn more at P3KY.com.
Download the RFP from UK here.