DELINQUENT MUNICIPAL TAX LIENS SALES

The City of Bridgeport seeks bids for the purchase of delinquent municipal tax liens. The selected awardee will be responsible for collecting the delinquent taxes and will have the right to enforce the tax liens in accordance with Connecticut state law. The City is looking for a bidder who can provide a comprehensive collection and administration of the tax liens, including satisfactory accounting procedures and demonstrated experience in other municipalities. The bidder will be required to provide a certified check in the amount of $50,000 and to indemnify the City against any losses or damages. • The City will provide the bidder with a list of delinquent tax liens and the bidder will be required to submit a bid for the full amount of the liens or a partial bid for a subset of the liens. • The bidder will be required to demonstrate their ability to provide comprehensive collection and administration of the tax liens. • The City reserves the right to reject any or all bids and to award the contract to the bidder who is deemed to be in the best financial interests of the City. • The contract will be subject to the terms and conditions outlined in the invitation to bid, including the requirement for the bidder to indemnify the City against any losses or damages.