Questions+and+Answers.docx

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Attached to
Financial Advisor
Solicitation number
BSC-2024-002
Issued by
Burleigh County, Bismarck City, North Dakota

About this file

This document contains questions and answers related to RFP BSC-2024-002 issued by Bismarck State College (BSC) in North Dakota. The RFP is seeking proposals from consulting firms to act as a financial advisor for BSC, providing bond sale services and other financial consulting services. BSC intends to continue the relationship with the selected firm for the duration of the potential bond sale. The RFP allows proposers to provide an alternative fee structure, such as a flat fee, for the financial advisor services rather than an hourly rate as outlined in Section 3.3.5 of the RFP.

The RFP indicates that BSC requires detailed billings including the name of the consultant, hours worked, hourly rate, extension of hours, and expenses by person. The contract opportunity is specific to the state of North Dakota and the jurisdictions of Burleigh County and the City of Bismarck.

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File Type Posted
Request-for-Proposal.docx DOCX document
Evaluation+Worksheet.docx DOCX document
Notice+of+intent+to+Award.docx DOCX document

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RFP BSC-2024-002

Questions and Answers

· This question relates specifically to section 3.3.5. of the RFP, pasted below for reference:

RFP Section: 5. Provide a fee structure, including hourly rates for assigned staff and a statement of policy on expenses. BSC requires detailed billings including the name of the consultant, hours worked, hourly rate, extension of hours, and expenses by person.

Question: Is it acceptable to provide an alternative fee structure (such as a flat fee) for financial advisor services, rather than an hourly rate?

· Yes, it is acceptable to provide an alternative fee Structure.

File details come from the government source that posted it. Updated .