Description
The City of West Haven is soliciting proposals for the assignment of delinquent municipal tax liens. The city is looking for a third-party assignee to purchase and collect the delinquent tax liens. The assignee will be responsible for collecting the liens, paying the city the purchase price, and indemnifying the city against any losses or damages. The city reserves the right to reject any or all proposals and to waive any or all formalities in connection with this request.
• The assignee must have experience in collecting delinquent tax liens and must demonstrate the ability to provide comprehensive collection and administration of the tax liens.
• The assignee must have a valid Connecticut business license and must maintain it throughout the solicitation process.
• The assignee must agree to indemnify the city against any losses or damages arising out of or in connection with the assignment of liens.
• The assignee must provide a bid bond in the form of a certified check or a surety bond in the amount of $50,000.
• The assignee must exercise their duty of due diligence to determine the amount of their individual proposal for each tax lien.
Attached files
The solicitation documents live at the source — open the bid source above to download them.