# 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.

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