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  5. ›TRANSIENT LODGINGS TAX SERVICES SOLE SOURCE

City of Portland·Oregon

TRANSIENT LODGINGS TAX SERVICES SOLE SOURCE

Closes 4/5/2021$50M – $80MSole Source
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Description

The City of Portland is seeking to award a sole source contract for transient lodgings tax services. The contract will be for a period of five years and is estimated to be worth $50,000,000. The successful contractor will be required to provide programs, services, and activities consistent with City Charter, Section 7-113, and City Code Chapter 6.05, Tourism Improvement District. The contractor will also be required to prepare a Strategic Plan and budget every two years and report regularly on programs, services, and activities to demonstrate how contract goals are being met. • The contract is for the promotion, solicitation, procurement, and service of convention business and tourism in the City of Portland. • The contractor will be required to prepare a Strategic Plan and budget every two years. • The contractor will be required to report regularly on programs, services, and activities to demonstrate how contract goals are being met. • The contract is estimated to be worth $50,000,000 over five years. • The contractor will be required to provide programs, services, and activities consistent with City Charter, Section 7-113, and City Code Chapter 6.05, Tourism Improvement District.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Jeff Blade(Procurement Supervisor)

[email protected]

(503) 823-6858

Key dates

Opened
3/29/2021
Closes
4/5/2021
Duration
5 years

Last updated

Details

Type
Sole Source
Industry
Hospitality and Tourism
NAICS
561990
Solicitation №
00001636

Budget estimate

$50,000,000 – $80,000,000

The estimated contract value is $50,000,000 over five years. However, the document also mentions that the total value of the contract could be as much as $70-$80 million due to the volatility of the revenues. Therefore, the budget estimation is between $50,000,000 and $80,000,000. The factors that may influence the likely payment range include the performance of the contractor, the revenue generated from transient lodgings tax, and the scope of work required under the contract.

AI estimate from the solicitation

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