Brokerage Services - Sale of Voluntary Cleanup Tax Credits (VCTC)

Pinellas County is inviting bids for brokerage services related to the sale of a single Voluntary Cleanup Tax Credit Certificate (VCTC), with the opportunity for a direct sale to maximize financial returns. Bidders are asked to submit “Net Pricing” offers based on the face value of the certificate, which is valued at approximately 2.9 million dollars. The contract aims to secure the best possible return on investment through either a brokerage arrangement or a direct sale, depending on which yields the most favorable outcome for the County. The solicitation, identified as number 24-1048-ITB-R, was posted on November 12, 2024, with a response deadline set for December 5, 2024. The project is managed by the Pinellas Public Works Department in Florida, and interested parties can contact Gayle May via email or phone for further details. The contract size is estimated at around 2.9 million dollars, and additional information about the bidding process and project specifics can be accessed through the County’s procurement portal.