Financial Advisory Services

The vendor is required to provide as-needed financial advisory services related to planning and policy development for a state supported public lending and bridge financing program for municipalities.
- Include, but are not limited to, guidance on: the development of an operations strategy, the creation of lending product lines, attracting various sources of private and public capital and federal funding, and other policy and operations matters related to initiating a public lending program.
- To perform analysis, develop a strategic implementation plan, and provide recommendations to executive leadership that will be used to inform A&F decision making.
- To consider key factors in its analysis, including but not limited to, municipal demand for start-up financing for federal tax credit-eligible clean energy projects, common financial and technical assistance challenges that municipalities face when seeking to secure financing for local infrastructure projects, public finance best practices and legal requirements, and comparisons to other states.
- The activities of A&F fall within five broad categories:
(i) Administrative and fiscal supervision, including overseeing the development and implementation of the commonwealth’s operating budget and capital investment plan, and the monitoring of all agency expenditures during the fiscal year;
(ii) Enforcement of the commonwealth’s tax laws and collection of tax revenues through the department of revenue;
(iii) Human resource management, including administration of the state personnel system, civil service system and employee benefit programs, and negotiation of collective bargaining agreements with certain of the commonwealth’s public employee unions;
(iv) Capital facilities management, including coordinating and overseeing the construction, management and leasing of all state facilities; and
(v) Administration of general services, including procurement management services.
- Questions/Inquires Deadline: February 20, 2025