This Solicitation opportunity from Illinois was posted on August 7, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
RFP - Downtown Tax Increment Finance (TIF) District
Contract Overview
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The City of Rock Island in Illinois is seeking qualified consultants through a formal RFP process to develop a new downtown Tax Increment Financing (TIF) district. The selected firm will be responsible for evaluating the existing TIF district boundaries for eligibility, making necessary adjustments, and conducting comprehensive studies to support the creation of a redevelopment plan grounded in sound financial analysis and market conditions. Additionally, the firm will explore strategic options for the Locks TIF District, including its potential closure and integration into the larger district, providing recommendations to optimize the district’s effectiveness and impact on downtown development. The project aims to facilitate targeted redevelopment efforts that align with the city’s economic growth objectives. Proposals are due by August 30, 2024, with the solicitation posted on August 7, 2024. The contract falls under NAICS code 541330, indicating consulting services related to economic and community development. Interested parties can find more details and submit their proposals through the city’s official bidding portal. This initiative underscores the city’s commitment to revitalizing its downtown area through strategic financial planning and district management.
General Info
Place of Performance
IL, USASet-Aside
Documents
1AI Contract Breakdown
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Timeline
Submission Closed
Organization & Contact Information
Full Description
Earlier notices in this NAICS code
Posted before this notice, open and closed
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