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Howard County, Office of Procurement·Maryland

Financial Advisory Services

Closes 7/15/2026$250k – $500kRequest for Proposal
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Description

Howard County, Maryland is seeking qualified firms to provide independent financial advisory services covering municipal bond issuance, capital lease financing, public‑private partnerships, and tax increment financing. The County may award one or more of these advisory areas, and contractors can bid on any combination of the four service categories. The contract will initially run for one year with up to nine one‑year renewal options, and the estimated annual contract value falls in the $250,001–$500,000 range (Group D). The County requires compliance with its Equal Business Opportunity subcontracting goal (15 % minority participation) and a living‑wage rate of $19.83/hr for service contracts over $100,000. Bids must be submitted electronically by July 15, 2026, with questions due by June 22, 2026. • Scope includes General Obligation bond advisory, capital‑lease financing advice, PPP financing guidance, and Tax Increment Financing consulting. • Contractor must provide fully‑burdened hourly rates for up to six staff levels per service line and calculate blended rates based on an assumed 250 hours per year. • Required certifications include EBO participation, living‑wage compliance, and insurance coverage (CGL $1 M, auto $1 M, workers’ comp).

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Jalene Duressa

[email protected]

(410) 313-0037

Key dates

Opened
6/11/2026
Questions due
6/22/2026
Closes
7/15/2026
Duration
1 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
523130
Solicitation №
RFP 17-2026

Budget estimate

$250,000 – $500,000

The solicitation places the contract in Group D, indicating an estimated annual value between $250,001 and $500,000. Assuming a full‑year award and potential renewals, the total earnings could range from roughly $250 K for a single‑year engagement up to $5 M if the contract is renewed for all nine optional years. The estimate reflects the hourly‑rate pricing structure, the 250‑hour annual assumption per service line, and the typical market rates for senior financial advisory professionals.

AI estimate from the solicitation

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