Municipal Advisor

The City of Pittsburgh Office of Management and Budget, on behalf of the Department of Finance, is requesting proposals for a municipal advisor to provide bond and debt issuance advisory services under RFP #2026-RFP-003, with proposals due October 16, 2026 at 2:00 p.m.

The scope includes bond and debt issuance, policies, restructuring, communications regarding bonds and debt, document preparation and review, analysis of submitted proposals, identification of other professionals needed for bond issuance, and assistance with various filings. The City intends to award a three-year contract contingent upon City Council approval, with award anticipated in October or November 2026.

Evaluation criteria are weighted as follows: firm qualifications and experience (15%), project team qualifications (15%), project approach and plan (30%), cost proposal (30%), and MWDBE/VOSB good faith effort (10%). Proposals must include detailed cost proposals with hourly rates for all proposed staff, a cost breakdown by major phase or deliverable, and reimbursable expense definitions; travel expenses must not exceed General Services Administration rates for Pittsburgh.

The City has established participation goals of 18% for minority-owned businesses, 7% for women-owned businesses, 5% for veteran-owned small businesses, and 3% for LGBTQIA+ businesses. Respondents must complete and submit the MWDBE/Veteran-Owned/LGBTQIA+ Solicitation and Commitment Form along with email documentation of solicitation efforts with certified firms or provide justification for non-participation.

All proposals must be submitted electronically through the City's e-Procurement Portal at https://secure.procurenow.com/portal/pittsburghpa; no alternative submission methods are accepted. Written questions are due October 2, 2026 at 5:00 p.m. All proposals remain firm for 120 days from the submission deadline. Work cannot commence until the contract is fully executed by the City and the respondent, including approvals from the issuing department, Law Department, and City Controller.