9031 - Addendum No. 1 - Language Revision.pdf
PDF 136 KB Posted
- Attached to
- FINANCIAL ADVISOR SERVICES
- Solicitation number
- RFP-14299
- Issued by
- Leon County, Florida
About this file
This is Addendum No. 1 to a Request for Proposal (RFP) issued by the Florida Department of Transportation (FDOT) Procurement Office for Financial Advisor Services (Bid No. DOT-RFP-26-9031-SJ). The addendum, dated November 24, 2025, revises language to clarify the Department's intention to award contracts to one or more proposers rather than a single vendor. Technical proposals are scheduled for public opening on December 3, 2025, at 10:00 AM EST, with price proposals to be opened on December 16, 2025, at 10:00 AM EST. The financial advisory services will be provided on an as-needed basis through individual Task Work Orders, with specific focus areas including Public-Private Partnerships and innovative financing alternatives, bond sizing and pricing scenarios, and general financial advisory support. The initial contract term is five years from execution, with potential renewal for up to three additional years based on performance evaluations and fund availability. Vendors must achieve a minimum technical score of 70 points out of 100 to remain responsive, with final award based on cumulative technical and price scoring (10 points maximum for pricing).
The revised procurement framework allows FDOT discretion to award to multiple responsive vendors with identical or tied scores, or to reject all tied proposals at the Department's discretion. Compensation is structured through hourly billing rates that include salaries, overhead, fringe benefits, and operating margins, with each Task Work Order establishing a Maximum Amount not to exceed the approved budget. All bidders must be registered in Florida's MyFloridaMarketplace (MFMP) system, with out-of-state entities required to be authorized to do business in Florida. A 1% penalty applies to late monthly progress reports, and all payments are subject to a 1% MFMP transaction fee. The solicitation involves potential federal funding, which triggers additional compliance requirements. No specific budgetary ceiling is established for the contract term, and there is no guaranteed minimum work volume for selected vendors.
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Other files
| File | Type | Posted |
|---|---|---|
| 9031 - Solicitation Document.pdf | ||
| 9031 - Questions and Answers.pdf | ||
| 9031 - Solicitation Document.pdf | ||
| 9031 - Solicitation Document.pdf | ||
| 9031 - Questions and Answers.pdf |
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Text version
FLORIDA DEPARTMENT OF TRANSPORTATION
Procurement Office
605 Suwannee Street, MS 20 Tallahassee, Florida 32399-0450
Phone: (850) 414-4381
ADDENDUM NO. 1 DATE: November 24, 2025
BID No.: DOT-RFP-26-9031-SJ
BID Title: Financial Advisor Services
OPENING DATE: Wednesday, December 3, 2025, @ 10:00 AM EST
Notice is hereby given of the following changes to the above-referenced SOLICITATION:
• Revised paragraphs listed below to accommodate the Department’s initial intention, as addressed within the Question and Answers, to award a contract to one or more proposers.
Bidders/Proposers must acknowledge receipt of this document by completing and returning to the
Procurement Office, by no later than the time and date of the bid/proposal opening. Failure to do so may subject the bidder/proposer to disqualification.
Sherill Johnson, Procurement Agent
Bidder/Proposer
Address
Submitted by (Signature)
Failure to file a protest within the time prescribed in Section 120.57(3), Florida Statutes, or failure to post the bond or other security required by law within the time allowed for filing a bond shall constitute a waiver of proceedings under Chapter 120, Florida Statutes.
UPDATED PARAGRAPHS/ITEMS:
Introduction Section 3: Agendas for Public Meetings
Agenda – Price Proposal Opening, Selection Meeting & Intended Award Meeting is updated to read as follows:
Agenda – Price Proposal Opening, Selection Meeting & Intended Award Meeting Agenda for Price Proposal Opening and Intended Award meeting for DOT-RFP-26-9031-SJ:
Starting Time: see “Timeline” in RFP solicitation
- Opening remarks of approx. 2 minutes by Department Procurement Office personnel.
- Public input period – To allow a maximum of 15 minutes total for public input related to the
RFP solicitation.
- At conclusion of public input or 15 minutes, whichever occurs first, the Technical evaluation scores will be summarized.
- Announce the firms that did not achieve the minimum technical score.
- Announce the firms that achieved the minimum technical score and their price(s) as price proposals are opened.
- Calculate price scores and add to technical scores to arrive at total scores.
- Announce total scores received by each proposer.
- TRC and Selection Committee’s discussion and decision regarding Intended Award.
- Announce TRC and Selection Committee’s Intended Award decision
- Announce time and date the decision will be posted on the Vendor Information Portal
(VIP).
- Adjourn.
Special Conditions Section 6: Intended Award is updated to read as follows:
6) INTENDED AWARD
The Department intends to award a contract to the responsive and responsible vendor(s) with the highest cumulative total points for the evaluation criteria specified herein (See Section 28, Proposal Evaluation) whose proposal is determined to be the most advantageous to the Department. The Intended Award decision will be announced at the Selection Committee meeting specified in the Timeline (See Introduction, Section 2 Timeline).
In the event the Department receives identical pricing or scoring from multiple vendors that would tie the awarded vendor; the Department may, at its discretion, award to all responsive tied vendors or reject all.
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