Request for Qualifications - Financial Consulting Services
Closed State & local contract opportunity
- Solicitation number
- 2025-064
- State
- Florida
- Responses due
Opportunity facts
- Jurisdiction
- NIGP codes
- UNSPSC codes
- 64101602 Money market account
- 64101603 Simple checking account
- 64111902 Principal unprotected structured financial product
- 93151609 Lotteries services
- 84101501 Financial assistance
- 64000000 Financial Instruments, Products, Contracts and Agreements
- 64101600 Demand deposit accounts
- 64101601 Interest bearing checking account
- 64101701 Bill paying application
- 64101704 Over draft protection
Show all 34
- 64111801 Allotment or bonus right
- 64111903 Exchange traded fund ETF
- 64111904 Single structured product
- 64111906 Variable annuity
- 93151605 Government finance services
- 84101502 Savings mobilization programs
- 64101500 Time deposit accounts
- 64101501 Certificate of deposit CD
- 64101502 Simple savings account
- 64101702 Currency exchange application
- 64111802 Subscription right
- 64111804 Warrant
- 64111901 Principal protected structured financial product
- 84000000 Financial and Insurance Services
- 84100000 Development finance
- 84101503 Guarantee agreements
- 64100000 Bank offered products
- 64101700 Electronic fund transfer and payment products
- 64111800 Entitlements or rights
- 64111900 Structured financial products
- 64101703 Money transfer application
- 64111803 Purchase right
- 64111905 Over the rainbow structured product
- 84131614 Underwriting service
- Point of contact
-
- Procurement Services purchasing@stcloudfl.gov (407) 957-7212
Opportunity details come from procurement.opengov.com. Updated .
About this opportunity
The City of St. Cloud, Florida is requesting qualifications for financial consulting services on an as-needed basis under RFQ 2025-064, with proposals due April 3, 2025 at 10:00 a.m. and questions due by March 19, 2025.
Proposers must be licensed to do business in Florida and provide a minimum of five references from other local governments for closely related work within the past five years. The scope encompasses professional financial consulting services, including comprehensive rates, fees, and charges studies as well as financial and management evaluations for municipal activities. The City anticipates selecting multiple consultants and will issue individual consulting agreements on a task basis, with each task requiring a detailed scope of work, schedule, and not-to-exceed budget submitted by the consultant within 15 days of request.
The maximum contract value is $150,000 per year with an aggregate cap of $450,000, with an initial three-year term and potential for two additional one-year renewals. Insurance requirements include general liability, automobile liability, and professional liability coverage, with the City of St. Cloud named as additional insured. Work will be authorized by written Notice to Proceed, and compensation is contingent upon appropriated funds and the City's determination of consultant capability.
Evaluation will use a 100-point scoring system across three categories: qualifications (35 points), project understanding and proposed approach (35 points), and experience with similar projects (30 points). The City reserves the right to negotiate fees and will select consultants at its discretion. No pre-response conference is required. The City abides by Florida Statutes provisions on fund appropriations, and any resulting contract is effective only to the extent funds remain available.
Opportunity text
- SCOPE OF SERVICES SUMMARY
The City of St. Cloud is seeking to retain the services of qualified and experienced consultants for Request for Qualifications - Financial Consulting Services on an "as needed" basis, as specified in the Detailed Scope of Services and Requirements Section of this RFQ document. The successful proposer shall prove by their qualifications, experience, and plan for the work, that they will best serve the overall needs of the City. The selection of the successful proposers shall be at the City's discretion and shall be made in a prompt manner after receipt and evaluation of all responses. If you are interested in preparing a response to this RFQ, please complete all the requirements set forth in this RFQ document. Under the proposal process, the stipulations set forth herein are fully binding on the proposer to the extent that you confirm acceptance by your electronic signature on the Respondent's Certification. - PRE-RESPONSE CONFERENCE
A pre-response conference is not required for this RFQ. - CONTRACT FOR SERVICES
After selection of Consultants by the City, each Consultant will be required to negotiate and execute a Professional Services Agreement with the City. - MINIMUM BIDDER QUALIFICATIONS
In order for a Proposal to be considered by the City, Proposers shall demonstrate, in their proposals, compliance with the following minimum requirements:- Consultant must demonstrate qualifications and experience in providing professional financial consulting services.
- Consultant licensed to do business in the State of Florida.
- Minimum of five (5) references from other local governments for closely related work in the past five (5) years.
- FUND AVAILABILITY
Any Contract resulting from this solicitation is deemed effective only to the extent that funds are available. The City of St. Cloud abides by the provisions set forth in Florida Statutes relative to appropriations of funds. The ability of the successful Proposer to maintain a sense of fiscal responsibility and budgetary awareness shall be favorably considered in the ranking and award of a contract. This disclosure is being made to assist all Proposers in the gauging of their desire to participate in this Proposal and in the planning and preparation of their written response. The City reserves the right to negotiate all Proposer fees, costs, charges, for any proposed services or appurtenant requirement. - PERSONNEL
The work shall be performed and directed by the key personnel identified in the submittal from the awarded firm or individual in response to this RFQ. The awarded firm or individual shall not subcontract, assign or transfer any work under the agreement without the prior written consent of the City. Subconsultants must be identified in the submittal and shall be subject to the approval of the City. Any changes in the identified personnel shall be subject to the prior review and approval of the City. When directed by the City, subconsultants personnel whose performance or behavior is determined to be unsatisfactory shall be immediately removed. The awarded firm or individual shall provide a sufficient number of qualified personnel as necessary to effectively carry out its responsibilities under the agreement.
Files
| File | Type | Posted |
|---|---|---|
| Request_for_Qualifications_-_Financial_Consulting_Services_(Addendum_#3_Revision).pdf | ||
| No_Response_Form_(4).doc | DOC document | |
| Sample_Agreement.docx | DOCX document | |
| C-2_Acord_Certificate_of_Insurance_Sample_.pdf |
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