Page 23 - East Campus RFQ 2.14.2017

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Phase III – Implementation

The University desires to offer the Master Developer the opportunity to implement the approved ECRP –
in whole or in phases – as mutually agreed to by all parties. Use of other developers for portions of the
project will require University approval. The Master Developer is expected to follow Howard’s guiding
principles for negotiation with potential planning and development partners (see Appendix B).
While the University desires to move forward with the Master Developer, the University reserves the right
to competitively bid the implementation opportunity. If the decision is made to competitively bid, the
Master Developer shall be compensated for the Phase I and Phase II work completed in a fashion
mutually agreed to by all parties. The Master Developer will not be precluded from participating in a
potential competitive bid process for Phase III.
Once the University approves the ECRP, the University shall convey a written notice to proceed to the
selected entity to mark the commencement of Phase III.

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