Employee retentions credit consult SVS

The South Carolina Technical College System, specifically on behalf of Florence-Darlington Technical College (FDTC), is procuring Employee Retention Credit (ERC) Consultant Services through an Invitation for Bid (IFB). The solicitation seeks a qualified third-party consulting firm to provide comprehensive ERC services, including reviewing qualification criteria, developing management narratives, calculating eligible tax credits, and filing amendments to previously filed tax returns. Key deliverables include a complete ERC consultation and documentation process to be finalized by May 3, 2024. Mandatory qualifications for bidders include five years of experience providing similar services and submission of three references from government agencies or firms receiving comparable services within the past two years. Critical procurement dates include a deadline for questions on April 1, 2024, at 9:00 AM, bid opening on April 11, 2024, at 10:00 AM, and award posting scheduled for April 12, 2024. Evaluation will be based on being the lowest responsible and responsive bidder, with the procurement covering services to be performed at 2101 Chesterfield Highway in Cheraw, South Carolina.

The solicitation includes specific provisions for South Carolina resident contractor and subcontractor preferences, which can be claimed in accordance with SC Code Section 11-35-1524. Bidders must be registered as South Carolina vendors and may claim preference at 2% or 4% levels based on specific in-state labor cost requirements. Electronic submission is preferred, though paper submissions are permitted. The contract has a maximum budget of $50,000, representing an all-inclusive fixed price covering all costs and out-of-pocket expenses. Nonresident contractors may be subject to a 2% income tax withholding requirement unless properly registered with the State or claiming an exemption. Bidders must provide standard certifications regarding independent price determination, debarment status, drug-free workplace compliance, and ethics compliance. The estimated contract period runs from April 12, 2024, to May 11, 2024, with the exact terms to be specified in the final award notice.