About this opportunity
AI summaryThe City of Philadelphia Office of the City Treasurer seeks proposals from qualified institutions to serve as municipal advisors within an eligible pool. Selected advisors will provide financial guidance, fiduciary services, and debt transaction support, including financing timetables, credit enhancement strategies, pricing analyses, and market reporting. Qualified applicants must be registered with the Municipal Securities Rulemaking Board and be onshore USA organizations performing work offsite. Applicants must submit proposals electronically through eContract Philly by 5:00 PM Philadelphia Time on December 14, 2026. All questions are due no later than November 12, 2026. Submissions must include a detailed fee structure that confirms no fee increases for five years, a statement of qualifications, at least three references, subcontractor information, and required disclosure forms. The City will evaluate local impact as a significant factor, and the resulting contract period is for one year.
Buyer and opportunity details
- Client
- The City of Philadelphia
Scope of work
- Provide financial guidance, fiduciary, and advisory services as needed
- Maintain a pricing database summarizing and comparing historical pricing data
- Provide benchmark information on other major national, state, and local debt issuances
- Provide additional services and economic or financial advice on a day-to-day basis
- Provide assistance with respect to defeasance or escrow accounts and bond restructuring
- Provide comprehensive financing timetables and distribution lists
- Develop and coordinate credit enhancement and bond insurance strategies and procurement
- Participate in pricing discussions, independent pricing views, and fair pricing level recommendations
How proposals are evaluated
| Criterion | Weight / scoring |
|---|---|
| Superior ability or capacity to meet particular requirements of contract and needs of City | Not specified |
| Superior prior experience of Applicant and staff | Not specified |
| Benefit of promoting long-term competitive development and allocation of experience | Not specified |
| Lower cost | Not specified |
| Anticipated long-term cost effectiveness | Not specified |
| Meets prequalification requirements | Not specified |
| Applicant’s Local Impact or LBE certification | Not specified |
Minimum qualifications
- Registered with the Municipal Securities Rulemaking Board (MSRB)
- Registered with the Securities and Exchange Commission (SEC)
- Financial advisory practice completely separated from brokerage if proposing firm is a broker/dealer
Documents to include with your response
- Applicant Information Sheet
- Proposed scope of work, budget/cost proposal, and schedule
- Responses to credit-specific questions in Appendix D
- Statement of Qualifications and Relevant Experience
- At least three references
- List of prospective subcontractors
- Solicitation & Participation Form (Appendix B)
- Tax Clearance Certificate and Appendix C
- Documentation demonstrating fiscal solvency and financial capability
- Mandatory political contribution disclosures via eContract Philly
Key dates
- RFP Issue Date
- November 3, 2026
- Applicant Questions Due
- November 12, 2026
- Proposals Due
- December 14, 2026, 5:00 PM Philadelphia time
How to submit
- Method
- Electronic via eContract Philly portal
- Instructions
- Submit through eContract Philly at https://philawx.phila.gov/econtract/ under the correct opportunity number. Accepted formats include Microsoft Excel, Microsoft Project, Adobe PDF, or compressed zip file.
Contract details
- Term
- One year
- Place of performance
- Offsite