Brookings Civicplus #2026 - 027

Five-year lease and operation of University Plains Speedway

The City of Brookings is seeking an operator for its municipal University Plains Speedway kart-racing facility. - Government buyer: City of Brookings, South Dakota; Parks, Recreation & Forestry Department. The opportunity identifies Joshua Bauman, Assistant Parks, Recreation and Forestry Director. - Opportunity: Lease and operate University Plains Speedway, a City-owned kart-racing facility. No products, part numbers, or OEMs are specified, and no outside vendors are named. - Operating responsibilities: Manage race scheduling, registration, race-day activities, track marshals, pit and paddock coordination, racer and spectator services, and facility access; provide customer service and coordinate with City staff. - Facility and promotion: Maintain the track and grounds, including mowing, waste removal, cleanliness, safety, and general upkeep; apply environmental stewardship practices; and handle track programming, marketing, and promotions. - Financial responsibilities: Manage operating fees and revenues, keep auditable accounting records and internal controls, and submit monthly financial reports and an annual financial statement if required by the lease. Proposals should include a three-year financial pro forma, relevant experience, operating and marketing plans, and proposed capital investments. - Lease proposal: Provide annual lease-payment terms for each of the five lease years, including any revenue-sharing or other financial consideration payable to the City, and a five-year total. - Notable requirements: The RFP calls for a $1 million performance bond and specified insurance coverage. The City’s audit rights extend through the lease and for four years afterward, or longer if required by law.

Description

The City of Brookings Parks, Recreation & Forestry Department seeks proposals from qualified firms or individuals to lease and operate University Plains Speedway, a kart racing facility in Brookings, South Dakota. The selected lessee will manage day-to-day operations, including race scheduling and race-day activities, facility upkeep and mowing, customer service, marketing, and financial reporting. Proposals are due November 3, 2026, by 12:00 PM CST, and must follow the submission requirements stated in the RFP. The lease payment proposal form requests annual payments for a proposed five-year lease.

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