Delinquent municipal tax liens sales
Closed State & local contract opportunity
- Solicitation number
- TCB002267
- State
- Connecticut
- Responses due
Opportunity facts
- Jurisdictions
- NIGP codes
- UNSPSC codes
- 84101705 Repossession services
- 84101502 Savings mobilization programs
- 64101500 Time deposit accounts
- 64101501 Certificate of deposit CD
- 64101502 Simple savings account
- 64101702 Currency exchange application
- 64111802 Subscription right
- 64111804 Warrant
- 64111901 Principal protected structured financial product
- 64101602 Money market account
Show all 38
- 64101603 Simple checking account
- 64111902 Principal unprotected structured financial product
- 93151609 Lotteries services
- 84101704 Debt collection services
- 84101501 Financial assistance
- 64000000 Financial Instruments, Products, Contracts and Agreements
- 64101600 Demand deposit accounts
- 64101601 Interest bearing checking account
- 64101701 Bill paying application
- 64101704 Over draft protection
- 64111801 Allotment or bonus right
- 64111903 Exchange traded fund ETF
- 64111904 Single structured product
- 64111906 Variable annuity
- 93151605 Government finance services
- 84000000 Financial and Insurance Services
- 84100000 Development finance
- 93151510 Administrative fees or tax collection services
- 93151610 Tax collection services
- 84101503 Guarantee agreements
- 64100000 Bank offered products
- 64101700 Electronic fund transfer and payment products
- 64111800 Entitlements or rights
- 64111900 Structured financial products
- 64101703 Money transfer application
- 64111803 Purchase right
- 64111905 Over the rainbow structured product
- 84131614 Underwriting service
- Point of contact
-
- Ann Binkley ann.binkley@bridgeportct.gov (203) 576-7150
Opportunity details come from procurement.opengov.com. Updated .
About this opportunity
The City of Bridgeport, located in Fairfield County, Connecticut, is soliciting bids for the sale of delinquent municipal tax liens through an electronic procurement process. The procurement involves the potential sale of 213 tax-delinquent properties with a total aggregate value of $2,791,855.90, comprised of base tax, interest, and associated fees. Bidders can submit two types of proposals: a full pool bid (Bid-A) covering the entire list of liens or a partial pool bid (Bid-B) for selected liens. The city requires bidders to demonstrate comprehensive capabilities in collecting and administering tax liens, including satisfactory accounting procedures and prior municipal experience. Electronic submissions will be received through the OpenGov e-Procurement Portal until 2:00 pm on Wednesday, July 16, 2025, with bidders required to create a free account on the platform. The cut-off date for submitting questions is 5:00 pm on Wednesday, July 2, 2025, with all answers to be published as addenda. Bidders must provide a $50,000 certified check with their initial proposal and be prepared to submit a $150,000 certified or cashier's check upon award as a good faith guarantee.
The City of Bridgeport encourages participation from minority business enterprises (MBE), women business enterprises (WBE), and city-based businesses (CBB), with certifications required at the time of submission. The procurement follows Connecticut General Statutes §12-195(h), which provides a legal framework for municipalities to assign tax liens to third-party assignees with specific requirements for the assignment process. Successful bidders must adhere to strict regulations, including a prohibition on commencing foreclosure before one year after purchasing a lien and providing detailed written notices to property owners and mortgage holders. The city reserves the right to reject any or all bids and will sell the liens "as is" without representations or warranties about property conditions or lien collectability. The anticipated award date is no later than July 31, 2024, with the assignment of delinquent tax liens and full payment expected between September 1-30, 2024. The total value of the tax liens portfolio is $2,791,855.90, with individual liens ranging from under $1,000 to over $287,000, offering potential bidders a diverse range of investment opportunities.
Opportunity text
The City of Bridgeport seeks bids for DELINQUENT MUNICIPAL TAX LIENS SALES.
Electronic submissions will be received by the City of Bridgeport, Department of Public Purchases, 2nd floor, 999 Broad Street, Bridgeport, CT 066604 until 2:00 pm on Wednesday, July 16, 2025 at which time and then at said office will be publicly opened.
Electronic submissions will be received through City's e-Procurement Portal, OpenGov , https://procurement.opengov.com/portal/bridgeportct),
Bidders shall create a FREE account with OpenGov Procurement by signing up at https://procurement.opengov.com/signup. Once you have completed account registration, browse back to this page, click on "Submit Response", and follow the instructions to submit the electronic bid.
Any questions regarding this bid must be presented in writing and may be posted directly on the OpenGov Procurement https://procurement.opengov.com/portal/bridgeportct website question sections. The cut-off date for questions is 5:00 pm on Wednesday, July 2, 2025. All answers will be published in the form of addenda. All bidders shall check https://procurement.opengov.com/portal/bridgeportct regularly to see if any addendums are issued.
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