About this opportunity
AI summaryThe County of King William seeks a qualified contractor to deliver on-site financial advisory services on an as-needed basis for municipal financing and capital improvements. The selected advisor will counsel the County on financial developments, collaborate on financing strategies for capital projects, coordinate with rating agencies for note and bond issues, and establish schedules for debt issuances. The contract term is for one year, subject to the availability of funds and annual appropriations. Only onshore U.S. organizations are eligible to bid. Offerors must be registered in eVA and submit electronic proposals as a single PDF file through Virginia's eVA procurement marketplace, including signed Section 9 forms, addenda acknowledgments, narratives, and staff credentials. Questions must be submitted in writing to Stacey McBride by November 25, 2026. The County will evaluate proposals based on the firm's experience and qualifications (25 points), experience with Virginia local governments (25 points), qualifications of assigned personnel (25 points), and price (15 points).
Buyer and opportunity details
- Client
- County of King William
- Solicitation No.
- RFP-26-1001
Scope of work
- Provide advice and counsel concerning developments in the financial community and municipal finance
- Assist in developing options, plans, and strategies for financing planned capital improvements
- Apply to and schedule rating agencies for ratings on bond and note issues
- Advise County officials on bond market climate and issuance timing
- Assist County staff in selecting bond underwriting firms
- Assist in preparing, developing, and distributing all bond documents in coordination with bond counsel and County attorney
- Review bids for compliance with parameters and make recommendations on sales timing, bond maturities, and interest rates
- Advise on debt service reserves and investment of bond proceeds
How proposals are evaluated
| Criterion | Weight / scoring |
|---|---|
| Experience and qualifications of firm | 25 |
| Experience of firm in working with Virginia local governments | 25 |
| Experience and qualifications of personnel assigned to perform the services | 25 |
| Price | 15 |
Minimum qualifications
- Have a current King William County Business License, if required by the County Code
- Authorized to transact business in the Commonwealth of Virginia as a domestic or foreign business entity under Title 13.1 or Title 50
- Firms and key personnel must not be currently under investigation or subject to disciplinary action by the SEC, MSRB, or FINRA
- Registered as a Municipal Advisor with the SEC and MSRB and subject to a fiduciary duty under applicable law
Documents to include with your response
- Signed and completed Section 9 (Signature Sheet)
- Addenda acknowledgments, if any
- Written narrative statement detailing experience, qualifications, and firm overview
- Resumes and proof of certification/licensure of key staff
- Statement of assurance regarding absence of SEC, MSRB, or FINRA disciplinary action or investigation
- State Corporation Commission (SCC) identification number or justification for exemption
- Price proposal including hourly rates, transaction fees, and reimbursable expenses
- Conflict of interest statement
- IRS Form W-9
Key dates
- Release date
- November 6, 2026
- Questions due
- no later than five (5) working days before the due date
- Proposals Due
- December 1, 2026 at 2:00pm Eastern Time
- Intent to Award Contract
- December 11, 2026
How to submit
- Method
- Hard copy with electronic copy on USB Drive, or electronic via eVA
- Instructions
- Submit one (1) hardcopy proposal and one electronic copy via USB Drive (single PDF file), or electronically via eVA. Redacted copies should be included if applicable. Fax, internet email, oral, or telephone proposals will not be accepted.
Contract details
- Term
- One-year initial period with up to four (4) successive one-year renewal terms
- Place of performance
- County of King William, Virginia
- Insurance and bonding
- Workers’ Compensation statutory requirements and benefits; Commercial General Liability with $1,000,000 per occurrence and $2,000,000 aggregate, naming King William County and its officers, officials, agents, and employees as additional insured; minimum 30 days prior written notice of cancellation.