Los Angeles

City Council

June 09, 2026 Item #4

Agenda Item 4

(4) 24-0634\nECONOMIC DEVELOPMENT AND JOBS COMMITTEE REPORT\nrelative to Proposed Agreements with multiple contractors to provide\non-call real estate and economic development services for the\nEconomic and Workforce Development Department (EWDD).\nRecommendations for Council action:\n1. APPROVE the results of the 2024 Request for Qualifications\nestablishing a pre-qualified list of 23 contractors to perform real\nestate and economic development services as detailed in the\ntransmittal from the Economic and Workforce Development\nDepartment dated March 24, 2026, attached to the City\nAdministrative Officer report, dated March 31, 2026, attached to\nthe Council file.\n2. AUTHORIZE the General Manager, EWDD, or designee, to\nnegotiate and execute agreements with the recommended\ncontractors for a three-year term from the date of execution, on\nan as-needed basis, to perform real estate and economic\ndevelopment services, subject to the review and approval by\nthe City Attorney as to form.\nFiscal Impact Statement: The CAO reports that approval of the\nrecommendations in this report will have no impact on the General\nFund. The proposed agreements will allow for individual Task Order\nSolicitations (TOS) to be issued, with funding for each TOS identified\nat that time.\nFinancial Policies Statement: The CAO reports that execution of the\nproposed agreement complies with the City’s Financial Policies in that\nbudgeted funds are used for intended purposes.