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Awarded contract·The Metropolitan District·Connecticut

Municipal Advisory Services

Won by Munistat Services, Inc.$1MAwarded 6/1/2022Single Award
Contract source

Awarded vendors

  • Munistat Services, Inc.

Description

This solicitation seeks a qualified municipal advisory firm to assist The Metropolitan District in managing its outstanding debt and planning future financings. The work requires a SEC‑registered Municipal Advisor and includes preparation of a detailed scope of services, delivery of sealed proposals, and compliance with the RFQP requirements. The award was granted to Munistat Services, Inc. on June 1 2022. • Scope: Debt management advisory, financing strategy, and related consulting services. • Requirements: SEC‑registered Municipal Advisor status, submission of a formal proposal by the due date. • Delivery: Sealed proposals to be submitted to the District Clerk’s office in Hartford, CT.

Attached files

The award documents live at the source — open the contract source above to download them.

Key dates

Bids closed
4/14/2022
Intent to award
6/1/2022
Awarded
6/1/2022
Starts
6/1/2022

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
523130
Solicitation №
2022R-10

Contract value

$1,000,000

No explicit contract value is provided. Municipal advisory engagements of this nature typically range from several hundred thousand dollars to a few million dollars, depending on the scope and duration of services. Considering the complexity of managing outstanding debt for a multi‑municipality district and the requirement for specialized SEC‑registered expertise, a reasonable ballpark estimate is roughly $1 million. This estimate assumes a one‑year fixed‑price engagement with potential extensions.

AI estimate from the award documents

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