Exempt-IFA- Acacia Financial- FY25

This state and local contracting opportunity is for the Illinois Finance Authority (IFA) to procure financial advisory services from Acacia Financial Group, Inc. for a one-year term from July 1, 2024 to June 30, 2025. The selected firm will provide a range of services to IFA, including strategic assistance, financial product development, financial advisory services on IFA financings and projects, market research, financing analysis and structuring, creditworthiness evaluations, program marketing, and other general financial advisory support. The total compensation for these services shall not exceed $176,000 over the one-year contract term. The deadline for responding to this opportunity is June 13, 2024.

The contract does not indicate any set-aside designations or restrictions on the types of organizations that can respond. There are also no listed incumbent vendors or current contractors, and no existing infrastructure or technology that requires integration. The contract specifies that subcontractors are not allowed, and that the services must be performed entirely in Chicago, Illinois.