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Financial Advisory Services
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Title:  

Financial Advisory Services

Agency:  

Budget, NYS Division of the

State:  

New York

NAICS Code:  

523930

Industry:  

Financial Services

Solicitation Type:  

Sole Source

Solicitation ID:  

2131238

Open Date:  

2/2/2026

Close Date:  

2/13/2026

Project Duration:  

6 months

Last Updated:  

Description:
The State Comptroller's Office granted the Division of the Budget (Division) an exemption from competitive advertising to extend contracts with Public Resources Advisory Group, Inc. and Frasca & Associates, LLC to assist the Division in managing the State's debt portfolio, provide technical assistance, guidance and advice on the State's financing programs, and perform other related assignments, as requested.
Attached Files:

Please visit the bid source via the “Link to Bid Source” button below for documentation.

Contact Information:

Michelle Heaslip(Director of Procurement)

[email protected]

(518) 474-4421

Budget Estimate (AI):

$200,000 – $500,000

The budget for this opportunity is not explicitly stated, but based on the scope of work, which includes managing the state's debt portfolio and providing technical assistance and guidance on the state's financing programs, it can be estimated that the budget will be in the range of $200,000 to $500,000. This estimate is based on the assumption that the services will be provided by a team of experienced financial advisors and consultants, and the contract term is six months. Factors that may influence the likely payment range include the complexity of the state's debt portfolio, the level of expertise required to provide technical assistance and guidance, and the number of personnel involved in the project.

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