Tax Lien Acquisition and Portfolio Management

The contract involves the acquisition of municipal tax liens through a competitive bidding process, with the successful bidder responsible for managing the resulting lien portfolio. This includes diligently tracking payments, accurately calculating and reporting interest accruals, and ensuring full compliance with all applicable state and local reporting requirements. The portfolio management duties require consistent monitoring of lien status, timely communication with property owners, and adherence to legal and procedural standards governing tax lien enforcement and resolution. The contract is issued under the NAICS code 522294 and classified as a subcontract by DAS Procurement on behalf of the State of Connecticut. It was posted on May 6, 2026, with a response deadline of May 27, 2026. Despite the absence of specific location details, the place of performance is tied to municipal tax liens within Connecticut. Bidders must be prepared to handle the operational, financial, and regulatory aspects of tax lien investment and management, operating under the framework established by Connecticut’s municipal finance and property tax authorities. All activities must align with state laws and the expectations of the contracting agency, without the benefit of set-aside provisions or detailed point-of-contact information provided in the solicitation.