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Awarded contract·Alaska Energy Authority·Alaska

Financial Advisor Services Term Contract

Won by PFM Foinancial Advisors, LLC$800kAwarded 10/11/2019Single Award
Contract source

Awarded vendors

  • PFM Foinancial Advisors, LLC

Description

This solicitation establishes a multi‑year, on‑demand term contract for comprehensive financial‑advisor services to support the Alaska Industrial Development and Export Authority and the Alaska Energy Authority. The contractor will provide strategic financial policy development, advisory support for regulatory compliance, cash‑flow analysis, bond‑issuance assistance, and other related consulting services as directed by notice‑to‑proceed. The award includes a $1 million ceiling for the base two‑year period with up to four one‑year renewal options. An addendum later required the contractor to supply an annual subscription to Bond Buyer Magazine for agency use. • Core services: underwriting policy, credit, risk‑management, debt‑management, and asset/liability management advice. • Bond‑issuance support: underwriter selection, financing documentation review, market analysis, and post‑issuance activities. • Additional deliverables: regulatory change assistance, strategic plan updates, investment due‑diligence, and a mandatory Bond Buyer Magazine subscription.

Attached files

Key dates

Bids closed
9/17/2019
Intent to award
10/11/2019
Awarded
10/11/2019
Starts
10/11/2019
Ends
10/11/2021Renews
Duration
2 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
541618
Solicitation №
RFP No. 20010

Contract value

$800,000

The solicitation states a maximum contract authorization of $1,000,000 for the two‑year base period, inclusive of all renewal options. Since the award was competitive and the agency likely sought a cost‑effective solution, the actual award value is probably below the ceiling but still substantial. Assuming a typical utilization of about 70‑80% of the ceiling for a specialized financial‑advisor service, a realistic estimate would be in the range of $700,000 to $800,000 for the initial term. This estimate reflects hourly rates for senior staff, expected workload, travel, and the added cost of the mandatory Bond Buyer Magazine subscription.

AI estimate from the award documents

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