Opportunity
Utah U3P #ORD90380
Salt Lake County Awards Development Finance Consulting for TIF Projects
Posted
July 06, 2022
Respond By
July 29, 2022
Identifier
ORD90380
NAICS
541618
Salt Lake County has awarded a contract for development finance consulting services focused on Tax Increment Financing (TIF) projects. - Government Buyer: - Salt Lake County, Office of Regional Development, Division of Economic Development - OEMs and Vendors: - National Development Council (awarded vendor) - Products/Services Requested: - Development finance consulting services for TIF project participation - Evaluation of TIF project participation requests - Research and benchmarking of best practices in comparable markets nationwide - Establishment of a consultant pool (up to 3-4 consultants) for ongoing TIF-related services - Unique or Notable Requirements: - Emphasis on national standards and best practices for TIF participation - The RFP may be reissued to expand the consultant pool - No specific product part numbers or purchase quantities, as this is a professional services contract
Description
Salt Lake County, on behalf of the Office of Regional Development, Division of Economic Development, is soliciting proposals from qualified firms to provide development finance consulting services. The consultant will evaluate Salt Lake County TIF project participation requests and research best practices in comparable markets nationwide. The County aims to establish a pool of up to 3-4 consultants to provide these services, positioning itself for successful, narrowly tailored TIF participation guided by national standards and best practices. The solicitation was posted on July 6, 2022, with a response deadline of July 29, 2022.