245026 Intent to Award.pdf

The document is a Notification of Intent to Award for RFP No. 245026 for an Urban Renewal Financial Analysis Consultant issued by the City of Salem, Oregon. The City is recommending awarding the contract to Tiberius Solutions on June 25, 2024. The selected Consultant of Record will be responsible for preparing urban renewal area feasibility studies and financial forecasts, updating and analyzing tax increment projections, and conducting financial analysis to support the creation of new urban renewal areas and the amendment of existing areas. The initial contract term is one year with the possibility of up to four additional one-year renewals.

The RFP does not specify any set-aside designations or restrictions on the types of organizations that can respond. It also does not list any incumbent vendors or current contractors, nor does it mention any existing infrastructure or technology that requires integration. The RFP does not provide a specific award value or budget range, but states that the City reserves the right to award the contract to the proposer it deems most qualified, which may not be the lowest cost proposal.