Brokerage and Sale of Tax Credits

The City of Jacksonville’s Public Works Department is seeking bids from qualified firms to provide brokerage services for the sale of Florida Brownfield Corporate Tax Credits. The primary goal of this solicitation is to gather information about potential vendors' capabilities and to secure pricing commitments for facilitating the sale of these tax credits. The contract is anticipated to be valued between $500,000 and $2,000,000, reflecting the scale of the brokerage services required. Interested parties are invited to respond by June 12, 2024, with the opportunity to demonstrate their ability to support the city’s efforts in efficiently managing and selling tax credits related to Brownfield redevelopment projects in Florida. The solicitation, identified as XF-0412-24, is posted by the Jacksonville Solid Waste division under the Florida organization, with a focus on sourcing a reliable partner for this financial transaction. The designated point of contact for inquiries is Benjamin Kemp, reachable via email at [email hidden] or by phone at [phone hidden]. Vendors are encouraged to review the detailed bid documents and submit their proposals through the provided online portal. This initiative underscores the city’s commitment to leveraging private sector expertise to maximize the value of environmental redevelopment incentives while ensuring transparency and competitive pricing in the process.