Financing District Advisory Services — Enhanced Infrastructure Financing District (EIFD) Formation
| Location: | California |
|---|---|
| Posted: | Jul 20, 2026 |
| Due: | Jul 27, 2026 |
| Agency: | City of Monterey |
| Type of Government: | State & Local |
| Category: |
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| Publication URL: | To access bid details, please log in. |
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
Post Information
Sealed Bid Process:Yes (Bids Sealed / Pricing Sealed)
Private Bid:No
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
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