Renovation, Operation and Maintenance of full- service Marina at Locust Point, Bronx
About This Opportunity
Renovation, Operation and — works contract awarded in United States by Parks and Recreation. Awarded to Busters Marine Bronx Marina, LLC (USD 42.8M, Jun 2023).
This is a works contract in the environment and climate sector, with a focus on Coastal Marine. Located in United States, North America, this opportunity is open to firms and consortiums.
Published through NYC City Record, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for civil works in the environment and climate sector. Works contracts of this nature generally require demonstrated experience in similar infrastructure projects, adequate equipment and technical personnel, and financial capacity including bank guarantees. This contract has already been awarded. The information is published for transparency and market intelligence purposes.
Description
License Agreement No.: X310-MLicensee: Busters Marine Bronx Marina, LLC.The City of New York Department of Parks & Recreation ('Parks') has awarded a concession to Busters Marine Bronx Marina, LLC, of 3052 Shore Road, Bellmore NY, 11710, for the Renovation, Operation and Maintenance of full- service Marina at Locust Point, Bronx (Licensed Premises). The concession, which was solicited by a Request for Proposals, will operate pursuant to a license agreement for one (1) twenty (20) year term. Concessionaire shall pay to the City license fees consisting of the greater of a guaranteed minimum annual fee versus a percentage of gross receipts:OPERATING YEAR MINIMUM ANNUAL FEE OR % OF ANNUAL GROSS RECEIPTS 1. $100,000 vs 5% of gross sales over $2,000,000 2. $100,000 vs 5% of gross sales over $2,000,000 3. $100,000 vs 5% of gross sales over $2,000,000 4. $100,000 vs 5% of gross sales over $2,000,000 5. $105,000vs 5% of gross sales over $2,100,000 6. $110,250 vs 5% of gross sales over $2,205,000 7. $115,762 vs 5% of gross sales over $2,315,250 8. $121,550 vs 5% of gross sales over $2,431,012 9. $127,628 vs 5% of gross sales over $2,552,563 10. $134,009 vs 5% of gross sales over $2,680,191 11. $140,710 vs 5% of gross sales over $2,814,200 12. $147,745 vs 5% of gross sales over $2,954,910 13. $155,132 vs 5% of gross sales over $3,102,656 14. $162,889 vs 5% of gross sales over $3,257,789 15. $171,033 vs 5% of gross sales over $3,420,678 16. $179,585 vs 5% of gross sales over $ 3,591,712 17. $188,564 vs 5% of gross sales over $ 3,771,298 18. $197,993 vs 5% of gross sales over $ 3,959,863 19. $207,892 vs 5% of gross sales over $4,157,856 20. $218,287 vs 5% of gross sales over $4,365,749.
Agency: Parks and Recreation
Category: Services (other than human services)
Selection Method: Request for Proposals
PIN: X310-M
Data provenance
This notice is sourced from NYC City Record and was originally published on June 9, 2023. Last refreshed 6 days ago. BidsFactory mirrors official procurement notices and links back to the source for full legal text.
About Parks and Recreation
Parks and Recreation has issued 1,716 procurement notices on BidsFactory, including 22 currently open and 1,053 awarded contracts. Activity concentrates in Construction & Civil Works, Environment & Climate, and Urban Development & Housing. Tenders span 2 countries including United States and Canada. Notices are distributed via NYC City Record, NYC Open Data, and Toronto Bids. Most recent publication: June 16, 2026.
Frequently asked questions about this tender
What type of contract is this?
This is a Works contract in the Environment & Climate sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.
How much was the contract awarded for?
Busters Marine Bronx Marina, LLC was awarded the contract for $42,789,529. The figure reflects the value disclosed by the contracting authority in the award notice.
Where will the contract be performed?
The contract is for delivery in United States. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.
How can I submit a bid?
Visit NYC City Record to access the full notice, required documents, and submission instructions provided by the contracting authority.
Is this tender still open?
No — the contract has already been awarded to Busters Marine Bronx Marina, LLC. The award notice is archived on BidsFactory for transparency and market intelligence.
Who is the contracting authority?
This notice was issued by Parks and Recreation in United States. The authority is responsible for evaluating bids, awarding the contract, and managing performance.
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