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  5. ›C‑27034 Financial Advisor Services

Awarded contract·Columbia Public Schools·Missouri

C‑27034 Financial Advisor Services

Won by Piper Sandler$30MSingle Award
Contract source

Awarded vendors

  • Piper Sandler

Description

This solicitation seeks financial advisory services tied to large‑scale securities issuance. Compensation is structured as a flat‑fee tier (ranging from $35 K to $50 K) based on overall contract size, plus a per‑$1,000 par‑value fee that decreases as the par amount grows, with caps between $20 K and $75 K. The award was made to Piper Sandler, and competing firms such as Raymond James, Stephens, and Stifel were noted. Work may be performed or overseen in multiple locations—including Minneapolis (MN), Leawood (KS), Little Rock (AR), and St. Louis (MO)—suggesting a regional scope. No agency contact details, performance dates, or renewal terms are included in the excerpt. • Scope: Financial advisory for securities/par‑value based transactions. • Fee Model: Hybrid flat‑fee plus unit‑price per $1,000 par, with decreasing rates for larger amounts. • Award: Single‑vendor award to Piper Sandler; contract appears closed.

Attached files

Key dates

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
523130
Solicitation №
C-27034

Contract value

$30,000,000

The contract’s fee schedule caps total vendor compensation at roughly $50 K (flat fee) + $75 K (maximum per‑par fee), yielding a possible payment ceiling of about $125 K. However, the underlying contract value—i.e., the par value of securities being advised on—is likely far larger. The tiered flat‑fee structure references contract values ranging from $0‑$10 M up to “over $50 M,” suggesting the agency anticipates a securities portfolio in the tens of millions. A reasonable ballpark for the underlying contract value is therefore $20 M–$40 M. For estimation purposes we place the contract value at $30 million, which aligns with the middle of the indicated range and justifies the mixed flat‑fee/per‑par pricing model.

AI estimate from the award documents

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