NIGP 91849: Finance/Economics Consulting

NIGP 91849 Finance/Economics Consulting is an Item code under which state and local governments procure specialized advisory services across financial planning, economic analysis, feasibility studies, and institutional finance management. Recent solicitations show government bodies issuing RFPs and RFQs for investment consulting, rate studies, economic impact assessments, cost-allocation analysis, and sector-specific financial governance—work spanning municipal finance, public-employee benefit funds, educational institutions, healthcare systems, and regional development authorities.

Issuing bodies span multiple tiers: city governments (Gallup, Charlotte, Sarasota, Apopka, Bend, Santa Cruz, Stockbridge, Moab), counties (Placer, Beaufort, Fairfax, Cook, Palm Beach, Orange, Kern, Salt Lake, Volusia), state departments and agencies (California Controller, EDD, Commerce; Florida Commerce; Missouri DOC; Washington Commerce; Texas Comptroller, Teacher Retirement System; Oregon Arts Commission; Nevada controller), regional authorities (Harris County, Superior Court, Bay Conservation Commission, Ontario International Airport), and specialized districts (Metropolitan Council, Covered California, Invest Atlanta, NRHA, CFC). Representative recent opportunities include the City of Sarasota's RFP for OPEB Trust Fund investment management (due August 19, 2026), the State of California's solicitation for economic advisory services to the Controller's Council (proposals due June 22, 2026), Kern County Superintendent of Schools' RFP for educator recruitment program evaluation (due August 3, 2026), and Park City Municipal Corporation's comprehensive water rate study RFQ (due July 23, 2026). Geographic activity concentrates in California, Texas, Florida, Georgia, Oregon, and Washington, with additional solicitations in Colorado, Arizona, South Carolina, Virginia, Illinois, Minnesota, and Utah. The code covers high-stakes work—OPEB trust fund strategy ($60 million portfolio), airport revenue bond underwriting ($500 million in planned issuances), regional economic forecasting for state budget planning, and feasibility analysis supporting municipal infrastructure and redevelopment decisions. Evaluation criteria heavily weight technical qualifications and relevant experience; cost typically scores 20–30 percent. Many contracts operate as on-call, task-order vehicles or pre-qualified vendor pools rather than single fixed-scope awards, with terms ranging from one year to five years and optional renewals common. Set-aside programs (SBE, DVBE, MBE, WBE) appear in roughly one-third of posted solicitations.