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

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

**Posted:** September 24, 2025
**Identifier:** CFOPD-25-C-006H
**NAICS:** 523930

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.

[View original listing](https://dc.cobblestonesystems.com/public/ContractDetails.aspx?cid=2297&wc=oplYouSJ3cTDS2kwbVIpBwwVV%2f%2fMskyO8V%2buO5UNJpU%3d)