About this opportunity
AI summaryThe Downtown Redevelopment Authority seeks independent, fiduciary municipal advisor services to support its debt management and capital financing activities in Clark, Washington. The selected advisor will review the authority's financial position, capital improvement plan, and existing obligations to develop a multi-year financing strategy for anticipated capital projects, including hotel guest room and meeting space remodels, a convention center expansion, and green building system upgrades. Only onshore U.S. organizations are eligible to submit proposals for this offsite work. Proposers must submit their bids online via the City of Vancouver Procurement Portal by 3:00 P.M. Pacific Time on December 9, 2026, and all questions are due by November 25, 2026. Proposals are scored out of 100 points, evaluating project approach and understanding, proposer capabilities and qualifications, cost, references, format and clarity, and a pass/fail general information form.
Buyer and opportunity details
- Client
- Vancouver Downtown Redevelopment Authority
- Solicitation No.
- DRA2-26
Scope of work
- Review financial position, capital improvement plan, and existing obligations to develop a multi-year financing strategy
- Evaluate debt capacity and affordability and recommend appropriate financing instruments
- Assist in establishing or refining a formal debt management policy and related financial practices
- Recommend optimal financing structures including maturity schedules, repayment strategies, and call provisions
- Coordinate with financing team participants and assist in preparing and reviewing financing documents
- Support interactions with credit rating agencies and investors
- Provide independent analysis of market conditions, pricing, terms, underwriter proposals, and pricing certifications
- Support continuing disclosure obligations and post-issuance compliance considerations
How proposals are evaluated
| Criterion | Weight / scoring |
|---|---|
| General Information Form | Pass/Fail |
| Project Approach and Understanding | 30 points maximum |
| Proposer Capabilities and Qualifications | 30 points maximum |
| References | 5 points maximum |
| Format and Clarity of RFP | 5 points maximum |
| Cost Proposal | 30 points maximum |
Minimum qualifications
- Ability to act in an independent, fiduciary capacity under all applicable regulations
- Registration and compliance with E-Verify for employees working in the United States
- City of Vancouver Business and Occupation License (or allowable exemption)
Documents to include with your response
- General Information Form (signed cover sheet)
- Cover Letter (including any exceptions to Attachment A)
- Project Approach and Understanding narrative and work plan
- Proposer Capabilities and Qualifications statement
- Sub-consultant information (if applicable)
- At least three references from other local government projects
- Cost Proposal (fixed cost for debt issuance and hourly rates for ongoing advisory services)
Key dates
- Date Issued
- November 6, 2026
- Questions Due
- November 25, 2026 by 4:00 p.m.
- Addendum Due
- December 2, 2026 by no later than 5:00 p.m.
- Proposals Due
- 3:00 P.M. (Pacific Time), Wednesday, December 9, 2026
How to submit
- Method
- Electronic via the City's Procurement Portal
- Instructions
- Submit online at bidnetdirect.com/washington/cityofvancouver. Minimum font size 12 point. Submissions in person, by mail, fax, or email will not be accepted.
Contract details
- Term
- Commences on Month Day, Year with an option for an additional two years
- Insurance and bonding
- Commercial General Liability including Bodily Injury, Property Damage, Personal Injury, and Broad Form Contractual Liability; Automobile Liability; Washington Stop Gap insurance on CGL or Workers' Compensation; coverage written on an occurrence basis naming the City of Vancouver Downtown Redevelopment Authority, its Officers, Officials, and Employees as additional insured.