Opportunity

Hampton Civicplus #26-36/AB

City of Hampton RFP for Professional Financial Advisory Services

Posted

March 24, 2026

Respond By

April 21, 2026

Identifier

26-36/AB

NAICS

523930

The City of Hampton is seeking qualified firms to provide professional financial advisory services to support its municipal finance operations. - Government Buyer: - City of Hampton, Consolidated Procurement Division - Key contacts: Alicia Brown (Senior Buyer), Karl Daughtrey (Chief Financial Officer/Contract Administrator) - Services Requested: - Professional financial advisory services, including: - Advice and counsel on municipal finance - Preparation of credit rating presentations - Assistance with bond sales and financing strategies - Monitoring of refunding opportunities - Support for a five-year capital improvement plan totaling $460.4 million - Contract Structure: - Initial term of three years, with four optional one-year renewals (up to seven years total) - Notable Requirements: - Minority and woman-owned business participation goals: 2.4% (minority), 4.7% (woman-owned) - Compliance with competitive negotiation procedures per Virginia Code 2.2-4302.2 - Sealed proposal submission required - Compliance with city business licensing and tax identification - No specific OEMs or product vendors are named, as this is a service-based solicitation - Place of Performance: - City of Hampton offices (1 Franklin Street, Suite 345 and 22 Lincoln Street, Hampton, VA) - Potential coordination with Langley Air Force Base and NASA Langley Research Center

Description

The City of Hampton is soliciting proposals from qualified offerors to provide professional financial advisory services. This procurement seeks expert financial advisors to support the city's financial management and planning needs. The solicitation is open for submission until April 19, 2026, and does not include a pre-bid meeting. The contract will be awarded through competitive negotiation as per Virginia Code 2.2-4302.2.

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