The University System of Georgia (USG) has shortlisted three bidders for a contract to develop and operate a substantial portfolio of on-campus housing at campuses of the USG in the United States.
The three teams shortlisted are the following:
The project involves the management of a portfolio of 6,195 on-campus beds on nine of USG's campuses and it also involves the development and management up to 3,000 additional beds on seven campuses; and obtaining additional rights to develop on all nine campuses.
The USG includes Georgia State University, Armstrong Atlanta State University, Abraham Baldwin Agricultural College and the University of North Georgia. According to sources, the three bidders made the following comments:
Bob Shepko, division president of Balfour Beatty Campus Solutions, stated:
Balfour Beatty is honored to be selected as one of the three short-listed teams, having competed against so many other talented proposers. The Board of Regents of the University System of Georgia should be commended on their industry-leading adaptation of a public-private partnership solution.
Kurt Ehlers, managing director Corvias Campus Living, comented:
We look forward to working with the BOR to explore the possibility of providing them with the type of innovative, long-term housing solutions that we have been successfully providing to other public sector and military partners for more than 14 years.
Tom Trubiana, EdR's chief investment officer and executive vice president, stated:
Our team looks forward to reviewing the request for proposal and additional information from the Georgia Board Of Regents. With a deeper understanding of this important housing initiative, we can more thoroughly assess the system's needs and evaluate how EdR might provide the best solution to meet those needs.