This Solicitation opportunity from Oregon was posted on April 23, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Financial Consultant for Evaluation of Public Incentive Applications
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The City of Corvallis is seeking proposals from qualified financial consultants to evaluate public incentive applications, specifically focusing on projects within the South Corvallis Tax Increment Financing District and other areas throughout the city. The selected consultant will be responsible for reviewing and analyzing the financial feasibility of residential, commercial, and industrial projects proposed for tax increment financing (TIF), including assessing project budgets, market assumptions, revenue projections, and financing structures. They will also prepare pro forma analyses, evaluate the capacity of projects to utilize TIF funding as debt or grants, and generate projections of property tax revenues upon project completion. Additionally, the consultant will assist in developing TIF districts and provide related financial consultation services, including support for affordable housing initiatives utilizing federal or local funds. The contract emphasizes comprehensive analysis, negotiation support, and adherence to industry standards, with an encouragement for disadvantaged, minority, women, and veteran-owned businesses to submit proposals. The procurement process is managed through a formal RFP (solicitation number RFP #CD-2025-01), posted on April 23, 2025, with a deadline for responses set for May 23, 2025. The scope of work includes providing all necessary resources to perform the outlined tasks, with the flexibility for the City to propose additional project-specific requirements. The contract is overseen by the City of Corvallis in Oregon, and interested parties can access the full RFP document online for detailed specifications and submission instructions. The project aims to support sustainable development and economic growth through rigorous financial evaluation and strategic planning of public incentives.
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