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This Solicitation opportunity from California was posted on April 15, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

CTCAC01-25 - Asset Management Services

Closed
0000035114State & Local

Contract Overview

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NAICS: 561110
New
SLED
Child & Eldercare Committee Oversight
Solicitation # 77250
The State of Vermont Department of Human Resources is seeking one or more contractors to provide comprehensive administrative and facilitative support for the Child and Eldercare Committee. The scope of work includes managing committee meeting preparations such as announcements and minutes, overseeing the entire lifecycle of child and eldercare reimbursement applications from distribution to the drafting of approval or denial letters, acting as a liaison with Child Care Resource and Referral contractors, and promoting the benefit through communications and benefit fairs. The solicitation, posted on October 26, 2026, requires electronic submissions by November 13, 2026, in a single searchable PDF. Evaluation will be based on the best interest of the state, considering the bidder's methodology, experience, cost, and timeline, with preference given to resident bidders. Contractors must adhere to strict security standards consistent with NIST SP 800-53 and FIPS 200, and they must securely dispose of state data within thirty days of a request or contract termination. Financial and compliance requirements include net 30 payment terms and mandatory registration with the Vermont Secretary of State. Bidders must provide a price schedule based on hourly labor rates and may be required to submit a Best and Final Offer or participate in presentations. Depending on the bid amount, contractors may need to provide certifications regarding lobbying, climate change considerations, and worker classification compliance, as well as detailed subcontractor reporting including workers compensation insurance providers.
Department of Economic Development

POSTED

2 days ago

DEADLINE

in 16 days

AI Contract Overview

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The California Tax Credit Allocation Committee (CTCAC) is seeking proposals from asset management firms to oversee financial asset management monitoring and conduct physical property inspections for a portfolio of 49 low-income housing tax credit projects funded through the American Recovery and Reinvestment Act (ARRA). The contract, titled CTCAC01-25, is posted as a solicitation with a response deadline of May 9, 2025, and aims to secure services within a budget range of $500,000 to $2,000,000. The selected firm will be responsible for ensuring the financial health and physical condition of these affordable housing developments, supporting the state's efforts to maintain compliance and project integrity. The contract is managed by the California Tax Credit Allocation Committee, an organization under the State and Local Government and Education (SLED) sector, with the primary point of contact being Douglas-James Williams. Interested firms can find more details and submit their proposals through the official procurement link provided. The scope of work emphasizes both financial oversight and physical inspections, critical for maintaining the quality and sustainability of the low-income housing projects financed through federal and state resources.

General Info

Agency

California → Tax Credit Allocation Commitee

Place of Performance

CA, USA

Set-Aside

NONE

Documents

1

RFP CTCAC01-25: Asset Management Services

PDF, High priority: read this firstrfp
High

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Timeline

PhaseClosed
Posted

Solicitation

Response Deadline

Deadline has passed

Submission Closed

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Organization & Contact Information

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AgencyCalifornia → Tax Credit Allocation Commitee
Contacts1 person available
OfficeN/A
Organization / Agency
California → Tax Credit Allocation Commitee
Office AddressN/A
Contacts
Douglas-James Williams

Full Description

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The California Tax Credit Allocation Committee (CTCAC) is soliciting proposals from asset management firms to provide financial asset management monitoring services and physical property inspections for 49 ARRA funded low-income housing tax credit projects.

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