Financial Advisory Services

Texas Southern University (TSU) has issued Request for Proposal (RFP) #717-26-710 for Financial Advisory Services in Harris County, Texas, with proposals due by 1:00 p.m. Central Time on November 5, 2025. The three-year contract, with potential two single-year extensions, seeks a financial advisory firm to provide comprehensive services including debt structure analysis, bond issue structuring, financial document review, market condition assessment, grant procurement assistance, and capital project funding strategy development. Evaluation criteria will be weighted across multiple categories: Firm Overview and Experience (15%), Personnel and References (12%), Long-Term Strategic Financial Planning Experience (15%), New Money Experience (13%), Advance and Current Refunding Experience (15%), Market and Pricing Information (15%), and Cost Proposal (15%). Respondents must submit multiple paper copies and a flash drive version of their proposal, along with various state-mandated certifications regarding procurement regulations, terrorism watch lists, child support obligations, and anti-boycott provisions. The RFP requires detailed documentation demonstrating the firm's capabilities in strategic financial planning, bond market expertise, and innovative funding approaches.

The procurement includes a 22% Historically Underutilized Businesses (HUB) subcontracting goal, indicating a commitment to supporting diverse business participation. Vendors must complete comprehensive certifications including maintaining a drug-free workplace, using the E-Verify system for employee eligibility, and adhering to environmental and ethical standards. While specific budget ranges are not explicitly stated, the comprehensive nature of the financial advisory services suggests a significant contract value commensurate with the university's complex financial needs. The RFP emphasizes strict compliance with Texas state procurement regulations, antitrust laws, and various federal statutes. Prospective firms must demonstrate expertise in higher education financial management, bond market strategies, and the ability to provide strategic financial guidance across multiple funding mechanisms. Additional requirements include providing accurate business practice certifications, intellectual property protections, and capabilities for disaster recovery and technology accessibility.