Pérez-Barreto, Melvin
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Publication Request for proposal of a public private partnership for the operation of Hotel Parador Hacienda Gripiñas in Jayuya(2017) Pérez-Barreto, Melvin; Vega-Torres, José I.; College of Business Administration; Valentín-Castillo, Patricia; Gracia-Morales, Luz; Department of Business Administration; Quinones-Padovani, CarlosThis applied investigation envisions the creation of a public-private partnership between an autonomous municipality in Puerto Rico and a private entity through the issuance of a Request for Proposal (RFP). The main objective of this applied investigation is to gather pertinent data to help the municipal government of Jayuya decide if they should issue a Request for Proposal under the dispositions of Puerto Rico Law 29 of 2009, also known as the Public Private Partnerships Law, or under the dispositions of Puerto Rico Law 81 of 1991, also known as the Autonomous Municipalities Law. This will create the opportunity to establish a public private partnership for the administration of the Hotel Parador Hacienda Gripiñas. This investigation focuses, in part, in exploring the necessary conditions for a deal with a private investor for the operation of the Hotel Parador Hacienda Gripiñas in the context of a public transaction. Second, it provides information to the municipal government of Jayuya to aid in deciding whether to issue an RFP through the Public Private Partnership Authority or by the dispositions of the Autonomous Municipalities Law. They decided to issue the RFP according to the dispositions of the Autonomous Municipalities Law, and we developed procedures and documentation for a public announcement to attract potential investors, and recommended a scoring matrix for the evaluation of the proposals submitted by bidders.