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Awarded contract·Alaska Energy Authority·Alaska

Alaska Energy Authority Financial Advisor and Feasibility Services

Won by PFM Group$1MSingle Award
Contract source

Awarded vendors

  • PFM Group

Description

The Alaska Energy Authority solicited a professional‑services contract to provide on‑call financial advisory and feasibility analyses for its energy‑related programs. The awardee, PFM Group, will respond to work‑order requests, delivering services such as policy reviews, investment feasibility studies, bond‑sale assistance, and procurement support on an as‑needed basis. The contract is structured as an IDIQ with an initial three‑year term and two optional one‑year extensions, a total ceiling of $1 M, and an estimated annual spend of $50 k–$250 k. Key evaluation criteria include technical expertise (40 % weight) and cost (40 % weight), with Alaska‑based preferences applied. • Provides financial policy, loan‑management, and risk‑management advisory services. • Supplies feasibility studies, financing plans, and bond‑issuance support for AEA projects. • Operates under a work‑order mechanism, requiring rapid response (24 h‑several weeks) and adherence to NET‑30 payment terms.

Attached files

Key dates

Bids closed
4/23/2015
Contract modified
4/13/2015
Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Indefinite Delivery / Indefinite Quantity (IDIQ)
Industry
Consulting Services
NAICS
541618
Solicitation №
2015‑0800‑3068

Contract value

$1,000,000

The RFP states a total contract ceiling of $1,000,000, with annual spending expected between $50,000 and $250,000. Because the contract is “as‑needed” and the Authority does not guarantee a minimum workload, the actual spend could vary widely, but the ceiling provides a firm upper bound. Using the midpoint of the annual range ($150,000) multiplied by the three‑year base term yields $450,000, and adding the two optional one‑year extensions (each potentially $150,000) brings the maximum plausible spend to $750,000. However, to remain conservative and align with the explicitly stated ceiling, the estimated contract value is $1,000,000.

AI estimate from the award documents

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