Torrance Planet bids #RFQ_-_Sales_and_Property_Tax_Consulting_Services

City of Torrance Seeks Sales and Property Tax Consulting and Analysis Services

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 - Services Requested: - Sales tax consulting services, including: - Revenue audit and recovery - Revenue forecasting and budget support - Sales tax 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 - Secure, web-based data platforms must be provided for City staff access - Services support annual budget, multi-year financial forecasting, and economic development - Potential Vendors Mentioned: - Ernst & Young - Floral Park Consulting LLC - GovGuide - GSA Contract Services LLC - HdL Coren & Cone - Hinderliter de Llamas & Associates (HdL Companies) - The Pun Group LLP - Turner, Warren, Hwang & Conrad AC

Description

The City of Torrance is seeking qualified firms to provide professional consulting and analysis services for sales and property tax. 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 analyzing complex tax systems, ensuring the City receives all entitled property tax revenues, and supporting economic development and land use decisions. The project is in the bidding stage with electronic submission and no set-aside restrictions.

View original listing