Project Information

Bid Title

Financing District Advisory Services — Enhanced Infrastructure Financing District (EIFD) Formation

Issuing Agency

City of Monterey

Location

California

Published Date

Jul 20, 2026

Closing Date

Jul 27, 2026

Government Level

State & Local

Status

Closed

Original Source

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Bid Documents

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Project Description

Project ID:

Title: Financing District Advisory Services — Enhanced Infrastructure Financing District (EIFD) Formation

Addenda: 0

Release Date: 7/16/2026

Due Date: 7/27/2026

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Financing District Advisory Services — Enhanced Infrastructure Financing District (EIFD) Formation

General Solicitation

City Manager's Office

94682

Release Date: Thursday, July 16, 2026

· Due Date: Monday, July 27, 2026 5:00pm

Posted Thursday, July 16, 2026 2:04pm

All dates & times in Pacific Time

Draft Response No Bid6 days, 22 hours, 22 minutes

Post Information

Posted At:Thu, Jul 16, 2026 2:04 PM
Sealed Bid Process:Yes (Bids Sealed / Pricing Sealed)
Private Bid:No

Overview

Summary

The City of Monterey (“City”) is requesting proposals from qualified firms with professional experience in municipal public finance and financing district advisory services to assist the City in evaluating, and potentially forming, a special purpose Tax Increment Financing (“TIF”) district, such as an Enhanced Infrastructure Financing District (“EIFD”), to help fund critical public infrastructure while facilitating economic development.

Background

The City is considering the potential formation of an EIFD or other TIF financing tool to support infrastructure investment within the City. The City is seeking a qualified Consultant to provide advisory services to evaluate boundary alternatives, revenue and bonding capacity, governance structure, and stakeholder engagement associated with potential district formation.

Timeline

Release Project Date:

July 16, 2026

Question Submission Deadline:

July 22, 2026, 5:00pm

Question Response Deadline:

July 24, 2026, 5:00pm

Proposal Submission Deadline:

July 27, 2026, 5:00pm

Commodity Codes

• NAICS 541512Computer Systems Design Services
• NAICS 541519Other Computer Related Services
• NAICS 541611Administrative Management and General Management Consulting Services
• NAICS 541618Other Management Consulting Services

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