Financial Consulting Services for Michigan Gaming
Ended State & local contract Michigan Awarded
- Contract number
- MA180000001206
- Awardee
- GRANT THORNTON LLP
- Contracting organization
- Department Technology, Management and Budget
Contract facts
- Cumulative value
- $3,665,531
- End date
- Points of contact
-
- John Sullivan sullivanjl@michigan.gov (248) 213-4219
- Adam Ashley ashleya2@michigan.gov (517) 855-1376
- Courtney Powell powellc11@michigan.gov (517) 249-0452
- Jordana Sager sagerj2@michigan.gov (517) 896-1903
- Kurt Steinkamp steinkampk@michigan.gov (248) 213-4219
- Lisa Spitzley spitzley4@michigan.gov (517) 249-0440
Contract details come from michigan.gov. Updated .
About this contract
This indefinite delivery vehicle provides comprehensive financial consulting services to the Michigan Gaming Control Board's Licensing & Investigations Division. The contract encompasses a broad range of financial analysis and advisory services, including evaluation of applicants' financial viability for casino enterprise development projects, debt transaction analysis, complex financial reviews, stress testing of forecasted performance, and compliance assessments with regulatory requirements. The contractor is also required to provide expert witness testimony at public hearings and administrative proceedings, demonstrating the technical depth and litigation-support capability embedded within this vehicle's scope.
The prime contractor is Guidehouse Inc. (formerly Grant Thornton LLP), operating under contract number 180000001206 with the State of Michigan's Department of Technology, Management and Budget. The contract was originally awarded on October 30, 2018, with an initial five-year performance period extending through October 30, 2023. Following the exercise of three one-year renewal options, the current expiration date is October 30, 2026. The estimated aggregate contract value is $3,665,531.20 over the full performance term, with hourly billing rates ranging from $102.00 to $443.70 in the first year and increasing annually by approximately three to four percent. Payment is rendered on a net 45-day basis via electronic funds transfer, and the contract includes liquidated damages provisions for late or improper service delivery.
Files
| File | Type | Posted |
|---|---|---|
| 180000001206.pdf |
Quick answers
Who holds contract MA180000001206?
Contract MA180000001206 was awarded to GRANT THORNTON LLP by Department Technology, Management and Budget in Michigan on October 30, 2018.
How much is contract MA180000001206 worth?
Its cumulative value is $3,665,531.
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