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Awarded contract·Fauquier County·Virginia

Financial Advisory Services

Won by Davenport and Company, LLC$120kSingle Award
Contract source

Awarded vendors

  • Davenport and Company, LLC

Description

This is a renewal of an existing financial advisory services contract between Fauquier County Government & Public Schools and Davenport and Company, LLC. The renewal extends the original agreement for an additional year under identical terms, conditions, and pricing, with the same scope of financial advisory work as previously performed. The county requires an updated Certificate of Insurance naming the county as an additional insured. No monetary value is disclosed in the renewal notice, but the contract is a sole‑source extension with one remaining optional renewal year. • Scope: Ongoing financial advisory services (analysis, reporting, budgeting assistance) as defined in the original contract. • Term: Feb 1 2026 – Jan 31 2027 (first of two possible one‑year extensions). • Vendor: Davenport and Company, LLC (incumbent). • Renewal Conditions: Updated insurance certificate; same pricing and terms as prior year.

Attached files

Key dates

Contract modified
1/13/2026
Starts
2/1/2026
Ends
2/1/2027Renews
Duration
1 year

Last updated

Details

Award type
Single Award
Procurement
Sole Source
Industry
Financial Services
NAICS
541618
Solicitation №
4-23cwc

Contract value

$120,000

The renewal notice does not disclose a dollar amount. Typical county‑level financial advisory contracts range from $80,000 to $150,000 per year depending on scope and vendor rates. Given that the original contract covered a full year of advisory services and that the county is willing to renew without renegotiating price, a reasonable ball‑park estimate is roughly $120,000 for the one‑year renewal. This estimate assumes a mid‑range hourly consulting rate (~$150‑$200) multiplied by an average of 600‑800 billable hours per year, which aligns with similar public‑sector advisory engagements.

AI estimate from the award documents

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