Long-Term Financial Planning and Rate Management Services

Closed State & local contract opportunity

Solicitation number
2026-RFP-004
State
New Mexico
Responses due

Opportunity facts

Jurisdiction
UNSPSC codes
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Opportunity details come from procurement.opengov.com. Updated .

About this opportunity

The City of Gallup, New Mexico is seeking proposals for Long-Term Financial Planning and Rate Management Services, specifically targeting a comprehensive software solution and advisory services for the Electric Department. The procurement focuses on a cloud-based platform capable of supporting advanced financial planning, utility rate modeling, asset management, scenario analysis, and strategic capital investment forecasting. Vendors must demonstrate a proven platform built for government utility operations, with a client base of at least twenty municipalities and expertise in utility finance and rate design. The proposal evaluation will use a 100-point scoring system, with points allocated across six criteria: Firm History and Experience (20 points), Capacity and Capability (20 points), Past Performance/References (20 points), Key Personnel Qualifications (10 points), Cost (30 points), and Preference for Local/NM Resident/Veterans/Native American businesses (10 points). Proposals are due on June 24, 2025, at 2:00 pm local time and must be submitted electronically through the City's OpenGov eProcurement Portal. The contract is expected to have an initial term that automatically renews for three additional one-year periods.

The procurement includes preference points for local, New Mexico resident, veteran, and Native American businesses, suggesting some set-aside or advantageous scoring for these categories. While no specific incumbent vendor is mentioned, the RFP indicates the city seeks a vendor with substantial experience in municipal utility financial planning. The contract appears to be structured with flexibility, allowing for month-to-month continuation with mutual written consent and contingent upon sufficient city appropriations. Minimum vendor qualifications include having a platform specifically designed for government utility operations and demonstrable experience across at least twenty municipal clients. The proposed contract template suggests an initial one-year term from 2025 to 2026, with potential extension through 2029. While no specific budget range is explicitly stated, the comprehensive nature of the requested services and the detailed evaluation criteria suggest the city is seeking a robust, long-term financial planning solution with significant technical and advisory capabilities.

Opportunity text

The City of Gallup is seeking proposals from qualified vendors to provide a comprehensive software solution and advisory services to support financial sustainability, utility rate modeling, and asset management. The proposed solution should support advanced scenario planning, rate setting, affordability analysis, and strategic capital investment forecasting.

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