Airport Financial Consulting and Strategic Advisory Services for Ontario International Airport

The Ontario International Airport Authority (OIAA) has issued Request for Proposal #2024-RFP-052 for Airport Financial Consulting and Strategic Advisory Services to support Ontario International Airport (ONT), a medium-hub airport in Southern California's Inland Empire serving over 7 million annual passengers. The procurement seeks a comprehensive on-call consulting team to provide financial advisory services including airport rates and charges analysis, capital and financial planning, bond feasibility studies, bond issuance support, financial planning, capital program analysis, and strategic guidance on airport financial matters. The initial contract term is three years with two optional one-year renewals at OIAA's discretion. Qualified consulting teams must demonstrate at least eight years of airport financial management experience. Key schedule dates include a pre-proposal meeting on December 17, 2024, a question submission deadline of January 6, 2025, a proposal submission deadline of January 16, 2025, and potential interviews scheduled for February 3, 2025. The RFP evaluation criteria emphasize the consulting team's financial expertise, experience with major airport systems, and ability to support ONT's Capital Improvement Program, which is currently under development with anticipated funding from federal and local grants, user fees, internal cash, and bond proceeds.

The procurement includes a 10% Small Business Element (SBE) goal for subcontracting participation, indicating that the OIAA encourages disadvantaged and small business enterprises to participate either as prime contractors or subcontractors on this opportunity. No specific incumbent vendors or current contractors are identified in the available procurement documentation. The RFP does not provide an explicit contract award value or budget range; however, the three-year initial term with potential two-year renewal option suggests a substantial multi-year engagement. Interested firms should note that the posted date of March 26, 2025, appears inconsistent with the January 16, 2025, proposal deadline, indicating this may be a reposted opportunity or the posting date reflects an administrative correction. Consulting firms specializing in airport financial management, particularly those with experience serving medium-hub airports and familiarity with bond financing and capital planning, should prioritize review of the complete RFP document to understand all technical requirements and submission specifications.