Transfer Development Rights Bank

This solicitation seeks proposals for a Transfer Development Rights (TDR) Bank, a mechanism that captures, holds, and trades development rights to promote smarter land use and preserve open space. The awardee will be responsible for establishing the administrative framework, managing the inventory of development credits, and facilitating transactions with developers and local jurisdictions. The work includes policy development, database creation, stakeholder engagement, and ongoing compliance monitoring. • Scope: Design and implement a TDR bank system (policy, procedures, and technical platform). • Deliverables: Comprehensive TDR program manual, electronic credit tracking system, and regular reporting to the county. • Timeline: Solicitation released March 2024, proposals due May 9 2024, award expected March 2025.