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Awarded contract·County of Riverside·California

Financial Advisor Services

Won by Fieldman Rolapp and Associates +1 more$250kMultiple Award
Contract source

Awarded vendors

  • Fieldman Rolapp and Associates
  • C.M. de Crinis and Co, Inc.

Description

The County of Riverside is seeking financial advisory services for long-term lease financings and general financial advisement. The contract was awarded to Fieldman Rolapp and Associates and C.M. de Crinis and Co, Inc. The County provides a wide range of services to residents, including police and fire protection, medical and health services, education, library services, and public assistance programs. The County is seeking a list of qualified firms to provide financial advisement, and the contract is contingent upon successful contract negotiations and approval by the Board of Supervisors. • The County has a population of over 2.2 million people and is the fourth largest county in California by area. • The County has a diverse geography, with a western valley area, mountains, and deserts. • The County has a significant amount of bonded indebtedness, with over $709 million in direct general obligation bonded indebtedness and over $334 million in pension obligation bonded indebtedness. • The County is seeking financial advisory services to help manage its finances and make informed decisions about its financial future.

Attached files

Key dates

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
541611
Solicitation №
EOARC-034

Contract value

$250,000

The value of the contract is not explicitly stated in the document. However, based on the scope of work and the fact that the County is seeking financial advisory services for long-term lease financings and general financial advisement, it is likely that the contract value is significant. The County's bonded indebtedness and pension obligation bonded indebtedness are also significant, which could impact the contract value. A rough estimate of the contract value could be in the range of $100,000 to $500,000 per year, depending on the scope of work and the level of services provided.

AI estimate from the award documents

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