Economic Model Review

The State of Alabama, through its Department of Finance, is soliciting proposals under an RFP titled "Economic Model Review," with proposals due November 17, 2026. The opportunity was posted November 5, 2026. Its only attachment is the Department of Finance's non-professional services RFP standard terms and conditions, effective August 12, 2026, which incorporates Division 4 of the Department of Finance Administrative Code (Chapters 355-4-1 through 355-4-6). The attachment contains no scope, deliverables, contract value, term, place of performance, or evaluation criteria. The complete solicitation is available through the Alabama Buys supplier portal, and suppliers must register there before submitting.

The terms impose several compliance requirements on responsive proposals: mandatory E-Verify enrollment, compliance with the Beason-Hammon Alabama Taxpayer and Citizen Protection Act, debarment and suspension certifications, and compliance with economic boycott restrictions under Act No. 2023-409. Suppliers must accept multiple forms of electronic payment at no additional cost. The State reserves the right to reject any and all proposals, conduct cost realism and price reasonableness analysis, and cancel contracts for justifiable cause with appropriate notice. The terms prohibit indemnification of suppliers, designate Montgomery, Alabama as the sole venue for disputes, and limit remedies for payment disputes to claims filed with the Board of Adjustment of the State of Alabama.