Request for qualifications for financial strategy consulting services

Closed State & local contract opportunity Posted

Solicitation number
S-KN0010-00012904
State
Oregon
Responses due

Opportunity facts

Jurisdiction
UNSPSC codes
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Point of contact

Opportunity details come from oregonbuys.gov. Updated .

About this opportunity

Written by GovTribe AI ·

The City of Newport, Oregon, has issued a Request for Qualifications (RFQ) for Financial Strategy Consulting Services related to the Big Creek Dam Replacement project, seeking a professional consultant to develop and manage a comprehensive Funding Strategy and Implementation Plan. The project involves securing construction funding for a $110M dam replacement, with the city having already completed 30% design and obtained state and federal funding for the design phase. Proposals are due March 18, 2025, by 2:00 PM, with anticipated contract approval by April 30, 2025. The selected consultant must have a minimum of five years of experience in grant pursuits for similar agencies and possess in-depth knowledge of municipal securities and offerings. Evaluation of proposals will be conducted on a 100-point scale, with points allocated as follows: thoroughness/quality (20 points), project understanding/approach (20 points), team qualifications (30 points), and client references (30 points). The project timeline is structured in 5 phases over approximately 6-7 months, with deliverables including a written Funding Strategy and Implementation Plan that identifies multiple revenue sources for project construction.

The RFQ does not specify explicit set-aside designations or restrictions for disadvantaged enterprises. While no incumbent vendors are mentioned, the procurement documents indicate the need for a consultant with specialized municipal funding expertise. The project scope requires developing a comprehensive funding strategy that integrates multiple revenue streams, potentially including state and federal grants, municipal bonds, and other financial instruments. The total project budget is estimated at $110M, with the consulting contract likely representing a smaller percentage of that total, though the exact contract value is not specified in the available documentation. The consulting engagement will require close collaboration with city officials and potentially other stakeholders to successfully secure the necessary construction funding for the dam replacement project.

Opportunity text

The City has completed a 30% design of a replacement dam project and has secured funding from the State and Federal government for design. The City now needs to secure funding for construction of the Dam. The City requires the services of a professional consultant to develop and assist in project managing a Funding Strategy and Implementation Plan for the replacement dam. There will be multiple sources of revenue required to fund this project and the City seeks assistance with identifying all po

Files

File Type Posted
RFP - Big Creek Dam Funding Strategy and Implementation Plan - Addendum No. 1.pdf PDF
RFQ Funding Strategy and Implementation Plan.pdf PDF
00012905 Preliminary Results~1.xlsx XLSX spreadsheet

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