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Economic Development Program Pilot Fund Administration Services

Overview


Financial, Legal, HR & Staffing
Los Angeles, California, United StatesPosted about 2 months agoDeadline: April 13th, 2026

Fit Score


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SUMMARY


Seeks a vendor to administer and manage an economic development program pilot fund, including eligibility processing, loan underwriting, and collaboration with sector partners.

KEY REQUIREMENTS


BUDGET

Estimate

$500,000 – $2,000,000

CONTRACT DURATION


60 months

TIMELINE


RFP Issued: March 11th, 2026

Virtual Pre-Proposal Conference: March 25th, 2026 at 2 p.m. local time

Questions Due: March 27th, 2026 at 2 p.m. local time

Pre-Qualification Application Due: April 13th, 2026 at 2 p.m. local time

Proposal Due: April 13th, 2026 at 2 p.m. local time

Contract Completion Date: May 1st, 2029

QUESTION DEADLINE


March 27th, 2026

Issuing Agency


Los Angeles County Metropolitan Transportation Authority

Organization overview and procurement intelligence available on paid plans.

DESCRIPTION


The selected vendor will provide administration services for an economic development program pilot fund for a government authority in California. Key responsibilities include program administration, meeting resource requirements, processing eligibility for small businesses and nonprofits, loan underwriting, and fund account management.

The vendor will also be expected to develop and implement the evaluation process and schedule, reporting procedures, and assist in the establishment of the Fund. Collaboration with both private and public sector partners is necessary to develop final Administrative Guidelines and ensure effective program delivery.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.

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