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Town of Olds - Request for Proposal - Purchase and Development of Town-Owned Lands

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AB-2026-07426International

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Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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The Town of Olds is seeking proposals from qualified builders and developers for the purchase and development of three town-owned parcels located in the Cornerstone area. Proponents may submit offers for a single parcel, a combination of parcels, or all three lots. The primary goals of the solicitation are to maximize financial value for taxpayers, ensure high-quality development, and maintain a timeline consistent with the Cornerstone Area Structure Plan. The lands are situated near the primary commercial district and Rotary Athletic Park, with varying levels of infrastructure readiness across the three lots. Proposals will be evaluated based on the offer price, the builder's professional experience and portfolio, and the proposed development timing. Interested parties must submit their responses by the deadline of December 18, 2026. This solicitation, identified as AB-2026-07426, is managed by the Town of Olds in Alberta, Canada.

General Info

Town of Olds seeks proposals for purchase and development of three land parcels.

Agency

Town of Olds

NAICS

237210 - Land Subdivision

Place of Performance

Olds, AB, CAN

Set-Aside

NONE

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Timeline

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Organization & Contact Information

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AgencyTown of Olds
Contacts1 person available
OfficeN/A
Organization / AgencyTown of Olds
Office AddressN/A
Contacts
Sarah HarperGrant & Procurement Administrator
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Full Description

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The Town of Olds (the "Town") invites proposals from qualified builders and developers ("Proponents") to purchase and develop three Town-owned parcels in the Cornerstone area of Olds (the "Lands"). The Town will consider offers on any single parcel, any combination of parcels, or all three parcels together. The Town's objectives for this process are to: Achieve strong financial value for the Lands for the benefit of Olds taxpayers. Select purchasers with a demonstrated ability to deliver quality development. See the Lands developed in a timely manner, consistent with the Cornerstone Area Structure Plan as amended. Proposals will be evaluated on three criteria: Offer Price, Builder Experience and Portfolio, and Development Timing, as described in Section 6. The Lands are located along 67A Avenue, Cornerstone Road and 70th Avenue, near the Town's primary commercial district and Rotary Athletic Park. New roads and infrastructure are in place adjacent to Lot 9 and 15; Lot 10 has road and utility connection points at the far south and north ends, respectively, but is not as development-ready as the other lots.

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