Office of the City Administrative Officer, City of Los Angeles SC10CO27118744M

HOTEL DEVELOPMENT INCENTIVE PAYMENT

This order, from the Office of the City Administrative Officer of Los Angeles, California, involves a single-transaction purchase of hotel development incentive payments totaling approximately $5.44 million to HanJin International Corporation for the Wilshire Grand Hotel Project. The award, made on September 22, 2026, pertains to the Wilshire Grand Hotel Project - FY26-27, under the Trust Fund for Wilshire Grand Hotel. Key products include multiple payments for the hotel project, with detailed invoice lines and associated amounts, all captured under a single purchase order. The contract emphasizes contributions to the Wilshire Grand Hotel Project trust fund, with notable vendor companies being HanJin International Corporation. The procurement was conducted through a contract process, with a focus on hotel development incentives.

Description

HOTEL DEVELOPMENT INCENTIVE PAYMENT