Tangible Personal Property Audit Service

The City of Jacksonville, Florida is entering into a sole-source contract with Tax Management Associates for tangible personal property tax audit services, with proposals due July 24, 2026. This is a revenue-generating arrangement at no cost to the City; TMA operates on a contingency or commission basis tied to taxes collected.

The scope is identification and collection of taxes due on business-related equipment within Jacksonville's jurisdiction through comprehensive personal property tax audits. TMA is the incumbent provider and has been selected as the sole source based on specialized expertise and existing operational systems necessary for effective tax identification and collection.

The contract term is one year with two optional one-year renewal periods, for a potential three-year engagement. No upfront funding commitment is required from the City, as TMA's compensation is derived from taxes identified and collected rather than a fixed municipal payment. The pricing structure is performance-based, transferring financial risk to the service provider while positioning Jacksonville to benefit from additional tax revenue.

The procurement is structured as a sole-source award under the City's justification process. Protest procedures are available under the City's standard challenge framework, with protests concerning solicitation documents required to be filed prior to bid opening, and protests regarding bid evaluations or awards filed within specified timeframes following the contested action.