HSR23-23 Request for Proposals for Financial and Commercial Advisory Services

The California High-Speed Rail Authority (the Authority) is issuing Request for Proposals (RFP) No. HSR23-23 for Financial and Commercial Advisory Services. The Authority is seeking qualified firms to provide a range of services, including financial analysis, business and commercial planning, analysis of delivery models, procurement scope development, policy development assistance, project financial expertise, and revenue and affordability scenario analyses to support the California High-Speed Rail project. The RFP has a 4-year term and a total not-to-exceed value of $24,000,000. Key personnel must meet minimum experience requirements related to large, complex infrastructure projects. Proposals will be evaluated based on the combined scores of the Technical Proposal, Cost Proposal, and Interview. The RFP has been through multiple addenda, with the most recent being Addendum #10, which extends the proposal due date to September 27, 2024.

The Authority has established small business participation goals of 25% for Small Businesses (including 3% for Microbusinesses), 10% for Disadvantaged Business Enterprises, and 3% for Disabled Veteran Business Enterprises. The RFP indicates that the contract may be partially funded with federal funds, so the Cost Principles in Exhibit B.5 will apply. The procurement covers the jurisdictions of Sacramento County, Sacramento City, San Francisco City, and West Sacramento City. While no incumbent vendors are listed, the RFP includes detailed requirements for the Proposer's experience, organization, and staffing plans to demonstrate their ability to successfully deliver the required services.