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Kansas Department of Transportation·Kansas

Financial Advisory Services

Closes 9/3/2025$1.2M – $3MRequest for Proposal
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Description

The Kansas Department of Transportation is seeking competitive bid proposals from qualified vendors to secure specialized professional Financial Advisory Services. The Financial Advisor will advise the Secretary of Transportation, or the Secretary's designee, on debt strategy, debt management, implementation procedures, and the financial market environment, and if needed, update KDOT’s debt policy, the selection of any investment banking team, and the selection of the book running co-managers on each debt transaction and on the sale of Bonds. • The contract period is from January 1, 2026, through December 31, 2031. • The Financial Advisor will provide services including debt strategy, debt management, and financial market environment advice. • The advisor will also update KDOT's debt policy and assist in the selection of investment banking teams and book running co-managers. • The contract will be awarded through a negotiated procurement process, with the final evaluation and award made by the Procurement Negotiation Committee.

Attached files

Contact

Lily Lundy(Procurement Officer)

[email protected]

(785) 296-0714

Key dates

Opened
7/23/2025
Questions due
8/11/2025
Closes
9/3/2025
Duration
72 months

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
523920
Solicitation №
EVT0010414

Budget estimate

$1,200,000 – $3,000,000

Given the nature of the contract, which involves financial advisory services for a period of 6 years, the budget can be estimated based on the scope of work and the typical fees associated with such services. The contract may involve a combination of fixed monthly fees, per-occurrence fees, and hourly rates for additional services. Assuming an average annual cost of $200,000 to $500,000 for similar financial advisory services, the total budget for the 6-year contract could range from $1,200,000 to $3,000,000. This is a rough estimate and the actual budget may vary based on the specifics of the contract and the services provided.

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