Consultant Services
- Client
- City of Woodstock
- RFP Number
- EXTRA-77760
- Posted
- 10/9/2026
- Category
- Professional, Consulting, Administrative or Management Support Services
- Budget
- Looking for Proposals
- NAICS
- —
- Set-aside
- —
- Contact
- —
Description
AI GeneratedThe City of Woodstock, Illinois needs a qualified onshore US vendor to provide consultant services on an as-needed basis to assist with establishing Tax Increment Financing (TIF) District No. 4. The requested scope includes conducting a boundary review and eligibility study, developing a redevelopment plan, preparing incremental property tax revenue projections, perform gap and financial feasibility analyses, and supporting the statutory establishment process. The contractor must perform work onsite and deliver the final report by January 5, 2027, with City Council consideration of ordinances scheduled for April 6, 2027. Interested vendors must submit questions by 5:00 PM CDT on October 14, 2026. Proposals are due by Noon CDT on October 23, 2026. Selected contractors must provide proof of specified insurance, including $1,000,000 per occurrence commercial general liability, automobile liability, workers' compensation, and $1,000,000 per claim errors and omissions liability.
Key solicitation details
AI-extracted from Woodstock_TIF4_Consultant_RFP (pdf).pdf. Confirm against the original documents before bidding.
The City of Woodstock is issuing this Request for Proposals to select a qualified firm to evaluate and assist with the establishment of Tax Increment Financing District No. 4, including incremental property tax revenue projections, a gap analysis, and a financial feasibility analysis. Proposers must be experienced consulting firms able to meet the schedule tracking Exclusive Negotiating Agreement milestones.
- Issued by
- City of Woodstock
- Questions due
- October 14, 2026, 5:00 PM CDT
- Proposals due
- October 23, 2026, Noon CDT
- Final TIF #4 report due
- January 5, 2027
- Developer due-diligence and feasibility determination deadline
- February 4, 2027
- City Council consideration of TIF #4 ordinances
- April 6, 2027
- How to submit
- Submission details
- Proposals must be emailed to both specified staff contacts by October 23, 2026, Noon CDT.
- Place of performance
- Woodstock, IL
- Insurance and bonding
- Commercial General Liability $1M/$2M; Automobile Liability; Workers Compensation; Errors & Omissions $1M/$2M; Umbrella/Excess Liability $2M; Cyber Insurance for IT access.
- Funding
- Illinois Tax Increment Allocation Redevelopment Act, 65 ILCS 5/11-74.4-1 et seq. (the TIF Act)
How proposals are evaluated
| Firm's TIF and gap analysis experience | |
| Qualifications and availability of the proposed team | |
| Work plan's ability to meet the proposed schedule | |
| Cost | |
| References | |
| Firm's ability to sign the City's standard Professional Services Agreement |
Scope of work
- Project Initiation and Kickoff meeting with City staff
- Boundary Review and refinement recommendations for TIF #4
- Eligibility Study and report suitable for adoption
- Preparation of Redevelopment Plan and Project
- Incremental property tax revenue projections
- Gap analysis of Developer budget and pro forma
- Financial feasibility analysis of proposed project
- Statutory establishment process support including public notices, hearings, and meetings
Minimum qualifications
- Experienced consulting firm with TIF and gap analysis experience
- Ability to meet the schedule described in the RFP
- Experience with transit-oriented or downtown multifamily projects preferred
- Ability to sign City standard Professional Services Agreement preferred
Documents to include with the bid
- Firm background and relevant TIF experience
- Project Team experience and qualifications of personnel
- Fee Schedule and Billing Method with all-inclusive not-to-exceed cost
- References from at least three municipal clients
- Written acknowledgment or redline of the City standard Professional Services Agreement
Verify important details
Document checkConfirm submission instructions and amendments with the issuing agency before responding.
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