Financial Consulting Services

Solicitation # 250004
Posted 4/11/25, 12:00 AM
No Updates
Due 5/2/25, 2:00 PM
Source
No public source available
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The Wayne County Airport Authority is soliciting proposals for "on-call" financial consulting services through RFP #250004, covering professional services for Detroit Metropolitan Wayne County Airport and Willow Run Airport. The procurement seeks a three-year contract with two potential one-year renewal options, commencing June 15, 2025. Consulting services will encompass a broad range of financial tasks including preparing financial feasibility studies, capital project financing assistance, Passenger Facility Charge (PFC) program advisory, airline agreement development, cost/benefit analyses, and strategic planning support. Proposers must demonstrate a minimum of seven years of financial consulting experience, with at least five years of direct aviation industry experience. Evaluation criteria will prioritize experience and qualifications, proposed fees, and project approach, with proposals due by May 2, 2025 at 2:00 P.M. The successful contractor will be selected based on being the most responsive and responsible proposer, with the Airport Authority reserving the right to award multiple contracts or reject all submissions.

The procurement includes a Small Business Enterprise (SBE) participation goal of 20%, with potential additional credits for voluntary participation of 30% or more. Contractors must complete comprehensive subcontractor forms and provide detailed documentation of their SBE involvement, including certification that they do not use forced labor or engage in human trafficking. Insurance requirements are extensive, mandating coverage including commercial general liability, automobile liability, workers' compensation, network security errors and omissions, and professional liability insurance with specified minimum coverage amounts. While no specific budget range is explicitly stated, the contract will include a not-to-exceed amount finalized based on the successful contractor's pricing submission. Pricing will be structured using hourly billing rates for different consultant levels (Senior Consultant, Managing Consultant, Technical Specialist/Support), with evaluation conducted through a scenario-based approach using estimated annual hours. The Airport Authority will conduct a comprehensive review of proposals to ensure compliance with all specified requirements and standards.

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