LA County Solicitations

Solicitation Detail

Solicitation Number:

LACDA25-059

Title:

LACDA25-059 Loan/Grant Underwriting and Portfolio Management Consulting Services RFP

Department:

LA County Development Authority

Bid Type:

Service

Bid Amount:

$100,000.00

Commodity:

CONSULTING SERVICES - FINANCE/ECONOMICS

Description:

JULY 3, 2025 NOTICE REQUEST FOR PROPOSALS FOR LOAN/GRANT UNDERWRITING AND PORTFOLIO MANAGEMENT CONSULTING SERVICES RFP NO. LACDA25-059 Notice is hereby given that proposals will be received by the Los Angeles County Development Authority (LACDA) until Thursday, July 24, 2025 at 5:00 p.m. for the loan/grant underwriting and portfolio management consulting services. This will include furnishing all labor, material and equipment, and performing all the necessary and incidental work in accordance with the Statement of Work (SOW) and contract documents. The LACDA intends to award a one-year contract with the option of up to four (4) one-year extensions, provided services are satisfactory and funds are available. A Request for Proposal package containing all submission requirements may be downloaded from the LACDA’s website at www.lacda.org, scroll to and click on ?? “Vendors,” click on “View Open Solicitations,” and under the “Title” column, select the solicitation of interest, then click on “Download Documents Below,” and follow the instruction. Proposers shall provide their Proposals and all required forms and documentations by the due date and time stated herein, and it shall be uploaded in a Portable Document File (PDF) (No other electronic formats will be accepted) with the electronic file name, "[PROPOSER’S NAME] - Business Proposal for Loan/Grant Underwriting and Portfolio Management Consulting Services" and "[PROPOSER’S NAME] - Cost Proposal for Loan/Grant Underwriting and Portfolio Management Consulting Services" at the LACDA’s website, www.lacda.org, under “Vendors,” and click on “View Open Solicitations.” Then select the RFP solicitation of interest and click “Upload Proposals,” and follow the registration and upload instructions. Once uploaded, the Proposer shall email Emily Tran at Emily.Tran@lacda.org to confirm the uploaded proposal. Request for Proposals Loan/Grant Underwriting and Portfolio Management Consulting Services July 3, 2025 Page 2 Any Proposer who wishes his/her proposal to be considered is responsible for making certain that it is received by the LACDA at the stated location and the stated date and time. No oral, facsimile, or telephonic proposals or modifications will be considered unless specified. Proposals received after the scheduled deadline will not be considered. Proposers, who, upon request, receive the Request for Proposals package and do not wish to submit a proposal should reply with a letter of “No Proposal” by the submission due date. Questions regarding the RFP are to be directed to Emily Tran at (626) 586-1681 or Emily.Tran@lacda.org. Si usted requiere mas información sobre este anuncio, por favor comuníquese con la Sra. Claudia Perez al siguiente numero de teléfono (626) 586-1696. In submitting a Proposal, each Proposer thereby agrees that, if awarded a contract, it shall execute a standard LACDA contract, a sample of which is attached to the RFP package for reference. The LACDA shall not award a contract to, or be obligated to execute a contract with, any Proposer who refuses to execute said standard LACDA contract. The LACDA reserves the right to reject any and all proposals. This RFP is not a contract or commitment of any kind. The LACDA is not liable for costs incurred in the preparation of the respondent’s proposal. It reserves the right to issue supplementary information or guidelines related to this RFP. Notwithstanding any other provisions herein, the LACDA reserves the right in its sole discretion to waive minor technical deficiencies in the Proposals. In accordance with the Civil Rights Act of 1964, Americans with Disabilities Act of 1990, Age Discrimination Act of 1975 and Section 504 of the Rehabilitation Act of 1973, it is the policy of the LACDA to assure equal opportunity to all persons, in the award and performance of any contract, without regard to race, color, sex, religion, national origin, ancestry, age, marital status, or disability. CONTRACT REQUIREMENTS: ?? Insurances (Please refer to the Sample LACDA Contract for required values and?? additional requirements.) ?? General Liability Insurance with Additional Insured Endorsement. Shall include?? Completed Operations and be on a primary and non-contributory basis. ?? Automobile Liability Insurance, coverage shall be on a primary and noncontributory basis (coverage shall include owned, hired, non-owned, OR any auto). ?? Workers’ Compensation Liability Insurance, shall be Statutory and include?? Employer’s Liability, and a waiver of subrogation. ?? Professional Liability Insurance (E&O) ?? Privacy/Network Security (Cyber) Liability Insurance. ?? Crime Insurance: Crime Coverage will be required when the contracted services?? involve funds disbursement or otherwise handle LACDA money and securities. If Request for Proposals Loan/Grant Underwriting and Portfolio Management Consulting Services July 3, 2025 Page 3 required, must name LACDA as Loss Payee or provide a copy of Client Coverage Endorsement that covers Third Party Theft and Employee theft/forgery. ?? Child Support Compliance ?? Defaulted Property Tax Reduction Program ?? Equal Employment Opportunity (EEO) Act ?? Fair Chance Employment Hiring Practices Policy ?? Familiarity with the County Lobbyist Ordinance ?? Federal Lobbyist Requirements ?? Greater Avenues for Independence (GAIN) Program or Skills and Training to Achieve Readiness for Tomorrow (“START”) Program ?? Jury Service Program ?? Safely Surrendered Baby Law ?? Zero Tolerance Human Trafficking Policy ?? Contribution and Agent Declaration APPROVED BY: ________________________________________________ DEANNA TANTRAPHOL, Procurement Officer Los Angeles County Development Authority

JULY 3, 2025
NOTICE
REQUEST FOR PROPOSALS
FOR
LOAN/GRANT UNDERWRITING AND PORTFOLIO MANAGEMENT CONSULTING
SERVICES
RFP NO. LACDA25-059
Notice is hereby given that proposals will be received by the Los Angeles County
Development Authority (LACDA) until Thursday, July 24, 2025 at 5:00 p.m. for the
loan/grant underwriting and portfolio management consulting services. This will include
furnishing all labor, material and equipment, and performing all the necessary and
incidental work in accordance with the Statement of Work (SOW) and contract
documents. The LACDA intends to award a one-year contract with the option of up to four
(4) one-year extensions, provided services are satisfactory and funds are available.
A Request for Proposal package containing all submission requirements may be
downloaded from the LACDA’s website at www.lacda.org, scroll to and click on ??
“Vendors,” click on “View Open Solicitations,” and under the “Title” column, select the
solicitation of interest, then click on “Download Documents Below,” and follow the
instruction.
Proposers shall provide their Proposals and all required forms and documentations by
the due date and time stated herein, and it shall be uploaded in a Portable Document File
(PDF) (No other electronic formats will be accepted) with the electronic file name,
"[PROPOSER’S NAME] - Business Proposal for Loan/Grant Underwriting and Portfolio
Management Consulting Services" and "[PROPOSER’S NAME] - Cost Proposal for
Loan/Grant Underwriting and Portfolio Management Consulting Services" at the LACDA’s
website, www.lacda.org, under “Vendors,” and click on “View Open Solicitations.” Then
select the RFP solicitation of interest and click “Upload Proposals,” and follow the
registration and upload instructions. Once uploaded, the Proposer shall email Emily Tran
at Emily.Tran@lacda.org to confirm the uploaded proposal.
Request for Proposals
Loan/Grant Underwriting and Portfolio Management Consulting Services
July 3, 2025
Page 2
Any Proposer who wishes his/her proposal to be considered is responsible for making
certain that it is received by the LACDA at the stated location and the stated date and
time. No oral, facsimile, or telephonic proposals or modifications will be considered unless
specified. Proposals received after the scheduled deadline will not be considered.
Proposers, who, upon request, receive the Request for Proposals package and do not
wish to submit a proposal should reply with a letter of “No Proposal” by the submission
due date.
Questions regarding the RFP are to be directed to Emily Tran at (626) 586-1681 or
Emily.Tran@lacda.org. Si usted requiere mas información sobre este anuncio, por
favor comuníquese con la Sra. Claudia Perez al siguiente numero de teléfono (626)
586-1696.
In submitting a Proposal, each Proposer thereby agrees that, if awarded a contract,
it shall execute a standard LACDA contract, a sample of which is attached to the
RFP package for reference. The LACDA shall not award a contract to, or be
obligated to execute a contract with, any Proposer who refuses to execute said
standard LACDA contract.
The LACDA reserves the right to reject any and all proposals. This RFP is not a contract
or commitment of any kind. The LACDA is not liable for costs incurred in the preparation
of the respondent’s proposal. It reserves the right to issue supplementary information or
guidelines related to this RFP. Notwithstanding any other provisions herein, the LACDA
reserves the right in its sole discretion to waive minor technical deficiencies in the
Proposals. In accordance with the Civil Rights Act of 1964, Americans with Disabilities
Act of 1990, Age Discrimination Act of 1975 and Section 504 of the Rehabilitation Act of
1973, it is the policy of the LACDA to assure equal opportunity to all persons, in the award
and performance of any contract, without regard to race, color, sex, religion, national
origin, ancestry, age, marital status, or disability.
CONTRACT REQUIREMENTS:
?? Insurances (Please refer to the Sample LACDA Contract for required values and??
additional requirements.)
?? General Liability Insurance with Additional Insured Endorsement. Shall include??
Completed Operations and be on a primary and non-contributory basis.
?? Automobile Liability Insurance, coverage shall be on a primary and noncontributory
basis (coverage shall include owned, hired, non-owned, OR any auto).
?? Workers’ Compensation Liability Insurance, shall be Statutory and include??
Employer’s Liability, and a waiver of subrogation.
?? Professional Liability Insurance (E&O)
?? Privacy/Network Security (Cyber) Liability Insurance.
?? Crime Insurance: Crime Coverage will be required when the contracted services??
involve funds disbursement or otherwise handle LACDA money and securities. If
Request for Proposals
Loan/Grant Underwriting and Portfolio Management Consulting Services
July 3, 2025
Page 3
required, must name LACDA as Loss Payee or provide a copy of Client Coverage
Endorsement that covers Third Party Theft and Employee theft/forgery.
?? Child Support Compliance
?? Defaulted Property Tax Reduction Program
?? Equal Employment Opportunity (EEO) Act
?? Fair Chance Employment Hiring Practices Policy
?? Familiarity with the County Lobbyist Ordinance
?? Federal Lobbyist Requirements
?? Greater Avenues for Independence (GAIN) Program or Skills and Training to
Achieve Readiness for Tomorrow (“START”) Program
?? Jury Service Program
?? Safely Surrendered Baby Law
?? Zero Tolerance Human Trafficking Policy
?? Contribution and Agent Declaration
APPROVED BY:
________________________________________________
DEANNA TANTRAPHOL, Procurement Officer
Los Angeles County Development Authority

Open Day:

7/3/2025

Close Date:

7/24/2025 5:00:00 PM

Contact Name:

Emily Tran

Contact Phone:

(626) 586-1681

Contact Email:

emily.tran@lacda.org

Amendment (1) :

Click here to view the solicitation amendments.