District of Columbia Cobblestone Systems #CFOPD-25-C-006F

Award for Financial Advisory Services - Economic Development Finance to Frasca & Associates, LLC

This award notice details the District of Columbia's selection of Frasca & Associates, LLC for financial advisory services supporting economic development finance. - Government Buyer: - Office of Finance & Treasury (OFT), under the Office of the Chief Financial Officer, District of Columbia - Vendor: - Frasca & Associates, LLC (sole vendor mentioned) - Services Requested: - Municipal financial advisory services - Debt and swap portfolio management - Long-range capital planning - Debt issuance support - Contract Structure: - Indefinite Delivery Indefinite Quantity (IDIQ) agreement - Contract ceiling: $500,000 - Maximum per option period: $250,000 - Four possible one-year option periods; one option period exercised - Notable Requirements: - Vendor responsibility and price reasonableness - Additional funding via task orders within contract ceiling - No specific product part numbers or purchase quantities listed (service contract only)

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 related to economic development finance. The contract involves municipal financial advisory services including debt and swap portfolio management, long-range capital planning, and debt issuance. The contract has four one-year option periods, with one option exercised, and the current term runs from October 1, 2026, to September 30, 2027. The contract value is not to exceed $500,000, with a maximum of $250,000 per option period.

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