ESBD_464631_1763487681440_RFQ 2025-079 Addendum 1.pdf

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Attached to
RFQ 2025-079, Financial Counseling Services Provider for Financial Empowerment Center
Solicitation number
RFQ2025-079
Issued by
Loving County, Texas

About this file

This is Addendum No. 1 to Request for Qualifications (RFQ) 2025-079 issued by the City of Waco, Texas Purchasing Services for a Financial Counseling Services Provider for the Financial Empowerment Center. The RFQ seeks a qualified 501(c)(3) nonprofit organization to provide high-volume, one-on-one financial counseling services for low-income individuals and families. Required services include recruiting and supervising financial counselors, collecting programmatic data, offering staff training, supporting public marketing efforts, and participating in learning community activities through Cities for Financial Education (CFE). The closing date for questions and responses is November 21, 2025, at 2:00 P.M. Central Time, with bid opening at 2:01 P.M. on the same date via Zoom video conference. The initial contract period is 24 months following a 3-6 month build phase, with implementation anticipated to commence in February 2026. Submission requirements include organizational qualifications, project approach, personnel qualifications, and additional background information limited to five pages. The City of Waco reserves the right to select one or multiple nonprofit providers based on demonstrated capability to deliver comprehensive financial counseling services.

The anticipated funding available for year one is $100,000, with annual contract values potentially ranging from $75,000 to $150,000 over the implementation phase, resulting in a potential total contract value of up to $300,000 over the initial 24-month period. Integration partnerships refer to alignment between the Financial Empowerment Center goals and overarching City of Waco strategic objectives, as well as partnerships with other entities supporting these goals. The procurement is specifically limited to 501(c)(3) nonprofit organizations with no set-aside designations mentioned. The addendum clarifies definitional questions regarding integration partnerships and learning community activities while confirming that submission sections other than additional background information have no specific page limits, though responses should remain succinct while thoroughly addressing requested information.

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Text version

Purchasing Services PO Box 2570 Waco, Texas 76702-2570

T: (254) 750 8062 F: (254) 750 8063 waco-texas.com

Date:

RFQ No:

Bid Opening Location: 1415 N. 4th St. Waco, Texas (Via Zoom Video & Dial-in)

Addendum No: 1 The above-mentioned bid invitation has been changed in the following manner. Sign and return addendum to the Purchasing Office by the closing time and date with your RFB/P/Q response. Returning this page signed by your authorized agent will serve to acknowledge this change. All other requirements of the invitation remain unchanged. If you have any questions, please call or stop by the Purchasing Office at the above address.

PLEASE REVIEW THE FOLLOWING PAGES

Commodity:

Contact:

November 18, 2025 2025-079 Financial Counseling Services Provider for Financial Empowerment Center Paul Campos pcampos@wacotx.gov

Firm: ____________________________________________________________________________________

Address___________________________________________________________________________________

Signature of Person Authorized to Sign Bid:______________________________________________________________________

Signor's Name and Title (print or type):_____________________________________________________________________________

Date:____________________Telephone:___________________________Fax:_________________________

THE FOLLOWING IS BEING ISSUED AS ADDENDUM NO. 1

• Questions/Responses

Closing Time: November 21, 2025 at 2:00 P.M. CT Opening Time: November 21, 2025 at 2:01 P.M. CT

RFQ 2025-079 Addendum 1 Page 1

RFQ 2025-079

Financial Counseling Services Provider for Financial

Empowerment Center Addendum 1

Answers to Questions

RFQ 2025-079 Addendum 1 Page 2

1. What does “integration partnership” refer to under Section IV. A. Professional Services Requested, 5th bullet?

The City of Waco wants to ensure that FEC goals are aligned with overarching City of Waco goals.

Integration partnerships refer to this relationship between the recipient and the City of Waco and any other strategic partnerships developed with other entities that help ensure alignment of FEC activities and the City of Waco goals.

2. What does “learning community activities” mean under Section IV. A. Professional Services Requested, 6th bullet?

Learning community activities refers to ongoing continuing education and professional development opportunities provided by Cities for Financial Education (CFE).

3. Are there any page limits for any of the items under Section V: Statement of Qualifications, D. Submission Contents?

Other than number (5) Additional Background Information which is limited to no more than 5 pages, there are no page limitations for the other sections. However, we do ask that the responses are as succinct as possible while still thoroughly providing the requested information.

4. Under Section VI. Letter D. Contract Award and Execution, there are several amounts listed for the anticipated funding available. What is the actual amount of funding award that should be anticipated?

The anticipated amount to be awarded for year one is $100,000, however the amount awarded could be anywhere from $75,000 to $150,000 annually over the contract period/implementation phase.

Since the initial contract period is 2 years/24 months, the amount awarded could be up to a total of $300,000 over that period.

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