Award
Office of Finance and Treasury CFOPD-25-C-006H
Financial Advisory Services - Economic Development Finance
Recipient
NW Financial Group, LLC
Award Amount
$250,000.00
Ceiling
$250,000.00
Awarded
September 23, 2025
Identifier
CFOPD-25-C-006H
The District of Columbia Office of the Chief Financial Officer awarded NW Financial Group, LLC a contract for financial advisory services related to economic development finance. The contract is an IDIQ with a ceiling of $250,000 and includes option periods. One option period is exercised for the term 10/1/2026 to 9/30/2027.
Description
The Office of the Chief Financial Officer (OCFO) on behalf of the Office of Finance and Treasury (OFT) seeks vendors for financial advisory services for future procurements. The contract is awarded to NW Financial Group, LLC to provide municipal financial advisory services with respect to debt and swap portfolio management, long-range capital planning, and debt issuance. The contract is an Indefinite Delivery Indefinite Quantity (IDIQ) type with a not to exceed ceiling of $250,000. The contract includes four one-year option periods, with one option exercised for the term from October 1, 2026 to September 30, 2027. The contract amount for the exercised option period is $1,000 minimum with a maximum not to exceed $250,000, increasing the cumulative contract ceiling to $500,000.