Los Angeles

City Council

July 02, 2024 Item #75

Agenda Item 75

(75) 24­0634 TRADE, TRAVEL AND TOURISM COMMITTEE REPORT relative to releasing a Request for Qualifications (RFQ) to establish pre­qualified on­ call contracts for real estate and economic development services. Recommendations for Council action: 1. AUTHORIZE the Economic and Workforce Development Department (EWDD) to issue an RFQ to identify qualified consultants to recommend for future Pre­Qualified On­Call Contracts for real estate, and economic development services. 2. DIRECT the EWDD to report on the results of the RFQ process to the Council. With that report, EWDD will request authorization to enter into On­Call Contracts for real estate and economic development services. Fiscal Impact Statement: The EWDD reports that there is no immediate Tuesday - July 2, impact to the General 2024 Fund - approval of the abovePAGE from 60 recommendations to release the RFQ. consultants to recommend for future Pre­Qualified On­Call Contracts for real estate, and economic development services. 2. DIRECT the EWDD to report on the results of the RFQ process to the Council. With that report, EWDD will request authorization to enter into On­Call Contracts for real estate and economic development services. Fiscal Impact Statement: The EWDD reports that there is no immediate impact to the General Fund from approval of the above recommendations to release the RFQ.