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  5. ›Low-Income Housing Tax Credit Financial Consultant

Awarded contract·City of Tucson·Arizona

Low-Income Housing Tax Credit Financial Consultant

Won by Sabino Community Development Resources, Inc.$247kSingle Award
Contract source

Awarded vendors

  • Sabino Community Development Resources, Inc.

Description

This contract is for financial consulting services related to the Low-Income Housing Tax Credit program. The contractor will provide services such as negotiating with funders, preparing financing projections, and assisting with the application process. The contract term is three years, with the option to renew for two additional one-year periods. The total service fee is anticipated to be $246,572. The key aspects of this contract include the scope of services, compensation, and term. The contractor will provide financial consulting services to the City of Tucson, and the contract will be governed by the laws of the State of Arizona. • The contract includes provisions for insurance, indemnification, and termination. • The contractor is required to maintain certain insurance policies, including commercial general liability and workers' compensation. • The contract includes a provision for the contractor to indemnify the City of Tucson against certain claims and damages. • The contract can be terminated by either party with written notice. • The contractor is required to comply with all applicable laws and regulations, including those related to equal employment opportunity and affirmative action.

Attached files

Key dates

Starts
3/3/2023
Ends
3/2/2026Renews
Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
523990
Solicitation №
235007 - 01

Contract value

$246,572

The contract value is explicitly stated as $246,572, which is the total service fee for the financial consulting services. This amount is based on 10% of the Total Developer Fee, which is anticipated to be $2,465,718.

AI estimate from the award documents

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