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

Award for Financial Advisory Services for Economic Development Finance

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

This contract award extends financial advisory services for economic development finance in Washington, DC.
- Government Buyer:
  - District of Columbia Office of the Chief Financial Officer (OCFO)
  - Office of Finance & Treasury (OFT)
  - Office of Contracts
- Vendor:
  - Hilltop Securities, Inc. (sole vendor)
- Services Requested:
  - Financial advisory services for municipal finance
  - Includes debt and swap portfolio management, long-range capital planning, debt issuance
  - Advising on Tax Increment Financing (TIF) and Payments In-Lieu of Taxes (PILOT) financings
  - Debt structuring, market analysis, refunding opportunities, compliance with federal regulations, post-financing reviews
- Contract Structure:
  - Indefinite Delivery Indefinite Quantity (IDIQ)
  - Not-to-exceed $250,000 per period; cumulative maximum $500,000
  - Base period of one year, with four one-year option periods (one option exercised)
- Unique Requirements:
  - All-inclusive pricing
  - Ability to advise on complex municipal finance transactions
  - Hourly rates for executive and support levels
- No specific products or part numbers; this is a services contract

### Description

The Office of the Chief Financial Officer (OCFO), on behalf of the Office of Finance and Treasury (OFT), has awarded a contract to Hilltop Securities, Inc. to provide financial advisory services related to economic development finance. The 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 option periods of one year each, with one option exercised, and the current term runs from October 1, 2026, to September 30, 2027.

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