RFP
Trustee Services for Tax Diversion Programs
The Urban Redevelopment Authority of Pittsburgh invites interested firms to submit a proposal to serve as either the tax collector, trustee, or both for its current and future portfolio of tax diversions. The primary responsibilities of the selected firms will be collecting tax revenues, performing the required calculations to determine the pledged share of tax revenues that can be used to support eligible project costs, coordinating with the appropriate tax authorities, preparing and submitting reports as requested by the URA, processing payments, and making requisite debt payments related to the URA’s portfolio of tax diversions.
RFP Details
Resources & Addendums
Request for Proposals & Exhibits
Accessing Ion Wave Technologies
Background Information
The Urban Redevelopment Authority of Pittsburgh invites interested firms to submit a proposal to serve as either the tax collector, trustee, or both for its current and future portfolio of tax diversions. The primary responsibilities of the selected firm will be collecting tax revenues, performing the required calculations to determine the pledged share of tax revenues that can be used to support eligible project costs, liaising with the appropriate tax authorities, preparing and submitting reports as requested by the URA, processing payments, and making requisite debt payments related to the URA’s portfolio of tax diversions.
The URA plans to hire one or more respondents to provide the above-mentioned services for a multi-year contract. Interested firms should propose the length of the term, preferably in three- or five-year increments, in their proposal.
Proposal Timeline
- June 30, 2023 - RFP Opens
- July 17, 2023, at 5 PM EDT - Question Due
- July 21, 2023, at 5 PM EDT - Responses to Questions Posted to Ion Wave Technologies
- August 4, 2023, at 5 PM EDT - Proposals Due
- August 16 - 23, 2023 - Interviews (if deemed necessary)
- September 14, 2023 - Board Authorization of Contract
This schedule is subject to change, and any changes will be reflected on this website. The due date of the RFP will not be changed without notice on this website.