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

Award for Municipal Financial Advisory Services – Economic Development Finance (NW Financial Group, LLC)

This award notice details the District of Columbia's selection of NW Financial Group, LLC for municipal financial advisory services focused on economic development finance. - Government Buyer: - District of Columbia Office of the Chief Financial Officer (OCFO) - Office of Finance & Treasury (OFT) - Office of Contracts - OEMs and Vendors: - NW Financial Group, LLC (sole vendor) - Services Requested: - Comprehensive financial advisory services for municipal finance - Debt and swap portfolio management - Long-range capital planning - Debt issuance and refunding - Advising on Tax Increment Financings (TIFs) and Payments In-Lieu of Taxes (PILOT) financings - Market analysis, bond structuring, and compliance - Hourly rates specified for various advisory roles: - Principal, Managing Director, Senior Vice President, Vice President, Associate, Analyst - Rates provided for base year and each option year (part numbers: 01-06, 101-106, 201-206, 301-306, 401-406) - Unique/Notable Requirements: - Indefinite Delivery Indefinite Quantity (IDIQ) contract structure - Not-to-exceed value of $250,000 per option period; cumulative maximum of $500,000 - Minimum guaranteed value per period - All-inclusive pricing; additional funding possible at task order issuance - No products procured; focus is exclusively on professional advisory services - Period of Performance: - Base year plus four one-year option periods (up to five years total) - Option Year 1 already exercised - Annual funding adjustments possible

Description

The Office of the Chief Financial Officer (OCFO) on behalf of the Office of Finance and Treasury (OFT) has awarded a contract to NW Financial Group, LLC to provide financial advisory services. These services include municipal financial advisory 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, and the current term runs from October 1, 2026, to September 30, 2027.

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