Town Crier Articles

 

In late August, the Board of Directors (BOD) appointed a three-member Search Committee to find a new management company for our Association. As of November 31, 2021 Town Management, the NTRA’s longtime management company, will no longer be providing property management services to the NTRA. The timeframe looked daunting, but we committed to do our best to meet this challenge.

 

The committee identified and notified ten property management companies within the eastern Virginia area to determine who may be interested in becoming the property management company for the NTRA.

 

A Request for Proposal (RFP) for Professional Management Services, developed and approved by the BOD, was provided to each company. The RFP solicited proposals to establish a management agreement through competitive negotiations for professional management services for the NTRA. 

 

Five management companies requested and participated in individual on-site interviews and tours of New Town; each company subsequently submitted proposals by the September 15, 2021 due date.

 

The Search Committee then conducted a lengthy review of the submitted proposals, pursued additional committee questions/clarifications, and had discussions with provided references.

 

From the five applicants, the Committee recommended three companies that stood out and were worthy of a final BOD interview. We felt that any one of these three finalists could serve the NTRA well as a potential management company. 

 

I also participated as an observer with the NTRA BOD and officers in the final interviews. The dialogue was frank and the responses enlightening. Overall, the entire selection process was open and thorough. Best of all – we met the dates to provide a month’s transition period between the companies. Challenging timing to say the least!

 

My thanks to Everett Lunsford and Mike Reilly for joining me on this mission. The NTRA is indeed fortunate that we will have a new partner like Chesapeake Bay Management Company on our journey as a community.