Opportunity
Pennsylvania State SCIQuest #PIIA-RFP006675
PENNVEST Financial Advisory Services Solicitation
Posted
August 06, 2026
Respond By
September 14, 2026
Identifier
PIIA-RFP006675
NAICS
523930
The Pennsylvania Infrastructure Investment Authority (PENNVEST) is seeking a qualified financial advisor to support its infrastructure investment operations. - Government Buyer: - Commonwealth of Pennsylvania - Sub-agency: Pennsylvania Infrastructure Investment Authority (PENNVEST) - Services Requested: - Comprehensive financial advisory services - Financial analysis and counsel on PENNVEST fund usage - Advice on financing instruments (commercial paper, revenue bonds, leveraging federal program funds) - Market trend analysis and support for new programs/partnerships - Due diligence and negotiation of banking agreements - Debt service coverage calculations and cash flow modeling - Assistance with revenue bond issuances - Participation Requirements: - Small Diverse Business goal: 17% - Veteran Business Enterprise goal: 3% - Strict compliance or waiver process for participation goals - Evaluation Criteria: - Technical qualifications weighted at 70% - Cost weighted at 30% - Contract Term: - One year initial term - Three optional one-year renewals - No specific OEMs or vendors are named in the solicitation. - Notable Requirements: - Mandatory participation goals for diverse and veteran businesses - Emphasis on technical expertise in financial advisory services
Description
The Pennsylvania Infrastructure Investment Authority (PENNVEST) is seeking proposals for financial advisory services to support day-to-day operations and long-term planning. The services include financial analysis, advice on financing instruments, market trends, new programs, due diligence on banking matters, and assistance with revenue bond issuances. The contract term is one year with three optional one-year renewals. The solicitation emphasizes Small Diverse Business and Veteran Business Enterprise participation goals and requires submission of technical, cost, and participation submittals.