NIGP 95839: Financial Management Services

NIGP 95839 Financial Management Services is an Item code describing professional consulting and administrative services that state and local governments procure to manage finances, analyze investments, audit accounts, administer benefits programs, and support treasury operations. Recent solicitations show state and local bodies using this code to hire consultants for financial modeling of major transit projects, investment advisory services for municipal portfolios, loan administration, flexible spending account administration, accounts payable automation, banking services, financial audit support, and fiscal monitoring of workforce and childcare programs.

Issuing bodies span city governments (Detroit, Waxahachie, Dallas, Columbus, Brunswick, Sun Prairie), counties (Hillsborough, Broward, Collier, Galveston, Pinellas, Orange, Osceola, Santa Clara, Montgomery, Seminole), regional transit authorities (Atlanta Beltline), state agencies (Illinois EPA, Oregon DHS, South Dakota DSS), universities (UT Austin, UT Health San Antonio), and special-purpose districts (Kissimmee Utility Authority, Maricopa Community College District). Detroit appears frequently across multiple financial and operational domains. Recent representative opportunities include Atlanta Beltline's request for transit financial modeling support and P3 advisory services (proposals due August 21, 2026, RFP), the City of Waxahachie's primary depository banking services procurement (RFA applications due August 7, 2026, with local-presence requirement for financial institutions), Broward County's accounts payable automation software solicitation (RFP due May 20, 2026, processing 140,000 invoices annually with PeopleSoft integration required), and Hillsborough County's investment management services for $1.5 billion in short-term operating and reserve funds (RFP due July 10, 2026, establishing a cooperative-purchasing vehicle for Florida municipalities). Activity concentrates in Florida, Texas, Georgia, Michigan, and California, with additional procurement across the upper Midwest and Mid-Atlantic. The code captures both one-time advisory engagements (financial modeling, audit support, strategy development) and ongoing operational services (banking, payroll processing, fiscal monitoring, software administration), with contract values ranging from under $100,000 to multi-million-dollar annual commitments.