NIGP 94648: Financial Advisor

NIGP 94648 Financial Advisor, an Item code, encompasses advisory services on municipal finance, bond issuance, debt structuring, funding strategies, and investment management that state and local governments procure to support capital planning, budget development, refinancing, and economic development initiatives. Recent solicitations show state and local governments engaging financial advisors for transit funding strategies, municipal debt advisory, investment portfolio management, conservatorship services, development impact fee analysis, and comprehensive financial planning across bond programs, pension systems, and capital improvement projects.

State departments, counties, cities, school districts, transit authorities, and special-purpose districts all solicit under this code. City governments and transit authorities dominate recent activity—Atlanta Beltline, Inc. (transit P3 and financial advisory), the City of Stone Mountain (municipal financial planning), Brazosport College (bond advisory), the Texas Higher Education Coordinating Board (student loan program finance), and the City of Phoenix (five-year QVL for financial advisory services). County buyers include Okaloosa County (arbitrage consulting), Galveston County (investment advisory), and Pinellas County (loan administration). Geographic spread spans Texas (Houston-area college, Dallas, Phoenix), Georgia (Atlanta, Madison, Stone Mountain), Florida (Okaloosa, Pinellas), Oregon (Department of Veterans Affairs conservatorship services), and Washington State (Department of Revenue unclaimed property auditing). Representative recent opportunities include Atlanta Beltline's RFP for transit P3 and financial advisory (RFP 2026111, due August 21, 2026) seeking expert advisory on innovative financing and public-private partnerships to close a $3.5 billion funding gap; Brazosport College's RFP for financial advisor services for revenue and general obligation bonds (RFP 202604, due July 1, 2026) with initial services commencing September 1, 2026; the City of Stone Mountain's RFQ/RFP for professional municipal financial advisory (PE64450NONST2026000000012, due July 15, 2026) covering financial statement review, debt affordability analysis, and bond structuring; and the Texas Higher Education Coordinating Board's RFP for investment advisory services on the Hinson Hazelwood Student Loan Program (RFP 781-4-02478, due May 10, 2026) covering 29 primary deliverables including arbitrage calculations and bond offering document preparation.