RFP II 10219132 Financial Advisory Services

The California Department of Water Resources is seeking a qualified firm to provide comprehensive financial advisory services for the winding down of its Electric Power Fund (EPF) program. The work covers litigation support, debt‑portfolio analysis and monitoring, and assistance with California Public Utilities Commission (CPUC) filings, including model maintenance and staff training. The award will be a three‑year, fixed‑price services contract with two optional one‑year extensions, and the State will evaluate proposals on a 70 % technical and 30 % cost basis, with a small‑business preference. • Scope includes EPF program support, bond‑portfolio management, and CPUC filing assistance. • Required experience: ≥ 5 years in government financial advisory (principal) and ≥ 3 years for staff; experience with municipal bonds and CPUC rate filings. • Submission deadline was June 3 2026; award announced via Notice of Intent to Award on June 22 2026 to Montague DeRose and Associates, LLC.