Opportunity
District of Columbia Cobblestone Systems #CFOPD-25-C-006I
Award for Municipal Financial Advisory Services - Economic Development Finance
Posted
September 16, 2025
Identifier
CFOPD-25-C-006I
NAICS
523930
This award is for municipal financial advisory services supporting economic development finance for the District of Columbia Office of Finance & Treasury. - Government Buyer: - District of Columbia Office of the Chief Financial Officer (OCFO) - Office of Finance & Treasury (OFT) - Office of Contracts - Awardee and Vendor: - PFM Financial Advisors LLC - Services Requested: - Financial advisory services for economic development finance - Debt and swap portfolio management - Long-range capital planning - Debt issuance support - Advising on Tax Increment Financing (TIF) and Payments In-Lieu of Taxes (PILOT) - Debt structuring, market analysis, bond issuance support, compliance guidance, post-financing reviews - Hourly rates for various staff levels: - Executive Level 1 (Managing Director) - Executive Level 2 (Director) - Managerial Level 1 (Senior Managing Consultant) - Managerial Level 2 (Analyst) - Support Level 1 (Associate - Administrative) - Notable Requirements: - Indefinite Delivery Indefinite Quantity (IDIQ) contract structure - Annual ceiling of $250,000 per period, cumulative maximum of $500,000 - Focus on economic development finance and flexible advisory support - No specific product part numbers or purchase quantities; professional services only - OEMs: - No product OEMs; PFM Financial Advisors LLC is the sole service provider
Description
The Office of the Chief Financial Officer (OCFO), on behalf of the Office of Finance and Treasury (OFT), has awarded a contract to PFM Financial Advisors LLC for 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 extending the term from October 1, 2026, to September 30, 2027.