Administrator for Homeowner Rental Incentive Program 2027

The Town of Nantucket's Affordable Housing Trust is soliciting a professional administrator for the Homeowner Rental Incentive Program 2027. The selected contractor will be responsible for determining applicant eligibility based on residency, employment, and income, facilitating payments from the Town to homeowners, monitoring participant compliance with rental terms and occupancy limits, and maintaining a secure, confidential database of all program records. The contract is for an initial one-year term from January 2027 through December 2027, with the option for two additional one-year renewals. Services must commence within 30 days of the award, and the administrator must be available during regular business hours. Proposals are evaluated based on a combination of minimum quality criteria and comparative factors. To be considered responsive, applicants must provide a detailed plan of services, proof of at least three years of active experience in similar work, evidence of financial stability via bank references or audited statements, and proof of insurance. Comparative ranking is based on organizational ability, scheduling methodology, experience with comparable municipalities, and understanding of the project goals. The Town will award the contract to the highest-ranked finalist whose lump-sum price proposal falls within the budgeted amount. Contractual requirements include strict insurance mandates, including Worker's Compensation, $2 million in combined liability, and $1 million in automobile liability. The agreement includes indemnification of the Town and a waiver of rights of recovery. Payment is issued within 30 days of receiving a satisfactory invoice, though the agreement is subject to budgetary limits and may be canceled if funds are not appropriated for subsequent fiscal years. Submission requirements include separate technical and price proposals, along with signed Tax Compliance and Non-Collusion forms, due by December 3, 2026.