FabFitFun - Proposal

C&W’s site selection process is time-tested and proven to provide successful cost-saving results for our clients. Using a sophisticated analysis, based on our client’s requirements, we can differentiate among properties/cities/ regions to compare statistics on each candidate property’s available labor pool, potential business incentives, representative land and building costs, and annual costs for major operating expenses (especially labor and occupancy costs). ++ Phase 1 – the objectives of Phase 1 are to identify preferred regions for the facility and, within those regions, suitable properties meeting our clients’ criteria, with the ultimate goal to qualify a short list of three preferred properties that merit additional due diligence in Phase 2; ++ Phase 2 – entails additional due diligence to better understand the properties’ real estate and labor market attributes, and major operating costs, as well as incentives and real estate negotiations, to select a single, optimal location for the proposed facility. The below table outlines a typical two-phase site selection process. Please note that project phasing and tasks would be adjusted appropriately to address FabFitFun’s goals and objectives: Site selection services are typically delivered in two sequential phases:

The result of this process is an optimal facility configuration in a cost- and operationally-effective location.

Specifically, the process to identify, evaluate, and screen sites typically follows the following four steps:

1. Requirements translated to Request for Information (RFI) issued to search area

2. RFI responses received and catalogued

3. Properties evaluated versus facility needs and grouped: Retain, Marginal, Eliminate

4. Property inspections conducted to select preferred sites, typically with clients in attendance


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