FY2027 Tourist Development Council (TDC) Capital Project Application

Background

The FY2027 Tourist Development Council (TDC) Capital Project Application is issued by the Monroe County Tourist Development Council. This council administers a four-cent bed tax to support tourism marketing and capital improvements in Monroe County. The funding program aims to enhance facilities that primarily promote tourism within the county.

Work Details

The funding is intended for capital projects (Bricks & Mortar) that support the construction, renovation, expansion, and major repair of qualifying facilities. Eligible projects must be owned and operated by governmental entities or non-profit organizations and must be open to the public. Permissible uses of TDC Capital Funds include: 1) Tourist-Oriented Public Facilities such as convention centers, sports stadiums, museums, and nature centers; 2) Beach, shoreline, and waterway improvements; 3) Public facilities that increase tourism-related business activity. Applicants must demonstrate financial capability to operate and maintain the facility post-project completion.

Period of Performance

The funding becomes available on October 1, 2026, with work required to begin on or after December 9, 2026. The project must be completed within the fiscal year ending September 30, 2027.

Place of Performance

Monroe County, Florida.

Bidder Requirements

Applicants must be registered to do business in Florida and provide proof of ownership or a long-term lease for the project site. Non-profit organizations can use in-kind contributions for up to 50% of their out-of-pocket expenses. For projects requesting $50,000 or more in funding, applicants must maintain general liability insurance with limits of at least $300,000 per occurrence.