Opportunity
Torrance Planet bids #2026-0710
City of Torrance Solicits Sales and Property Tax Consulting and Analysis Services
Posted
June 16, 2026
Respond By
July 10, 2026
Identifier
2026-0710
NAICS
541690
The City of Torrance Finance Department is seeking qualified vendors to provide comprehensive sales and property tax consulting and analysis services. - Government Buyer: - City of Torrance, Finance Department - Contact: Sally Kyung - Services Requested: - Sales tax consulting services, including: - Revenue audit and recovery - Revenue forecasting and budget support - Monitoring and reporting - Economic development and business intelligence - Transactions and use tax administration support - Legislative and regulatory monitoring - Ad hoc analysis and special projects - Property tax consulting services, including: - Revenue audit and verification - Assessed valuation monitoring and analysis - Revenue forecasting and budget support - Redevelopment successor agency and RPTTF monitoring - Property tax in-lieu of VLF monitoring - New development and tax base expansion tracking - Legislative and regulatory monitoring - Reporting and data access - Ad hoc analysis and special projects - Notable Requirements: - Vendors must have at least five years of relevant experience - Must provide secure, web-based data platforms for City staff access - Services must support economic development, accurate revenue reporting, and multi-year financial forecasting - No specific OEMs or product part numbers are named in the solicitation
Description
The City of Torrance is seeking qualified firms to provide professional sales and property tax consulting and analysis services. The services aim to maximize lawful sales tax revenues, ensure accurate reporting, identify economic development opportunities, and support the City's budget and financial forecasting. The scope includes consulting on sales tax allocations under California law and property tax revenues assessed and collected by the County Assessor and Auditor-Controller. The contract period is from August 1, 2026, to July 31, 2031, with bids due by July 10, 2026.