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  5. ›On-Call Airport Financial Consulting Services - HKE OCAFCS 2020 010

Awarded contract·Houston Airport System·Texas

On-Call Airport Financial Consulting Services - HKE OCAFCS 2020 010

Won by Ricondo & Associates +1 more$1.3MAwarded 3/3/2021Multiple Award
Contract source

Awarded vendors

  • Ricondo & Associates
  • Leigh Fisher

Description

The City of Houston’s Airport System awarded a 5‑year, on‑call consulting contract to provide comprehensive financial consulting services for its Capital Improvement Program across IAH and HOU airports. The scope includes feasibility studies for revenue bonds, capital‑funding strategies, airline and tenant fee analyses, lease negotiations, air‑traffic forecasting, passenger‑facility‑charge support, and ad‑hoc financial studies. The contract is non‑exclusive, requires the vendor to be ready to respond to task orders as needed, and carries a 7 % MWBE participation goal. • Services: bond feasibility, funding strategy, rate analysis, lease negotiation, market forecasting, PFC program support, research & benchmarking. • Duration: 5‑year on‑call IDIQ (2021‑03‑03 to 2026‑03‑03). • Vendor(s): Ricondo & Associates (primary) with contact Max Kiesling; Leigh Fisher (secondary). • Value: $1,250,000 (as recorded). • Requirements: MWBE certification, financial capability documentation, ability to obtain airport security badges, compliance with city, state, and federal regulations.

Attached files

Key dates

Bids closed
8/6/2020
Intent to award
3/3/2021
Awarded
3/3/2021
Contract modified
3/31/2025
Starts
3/3/2021
Ends
3/3/2026
Duration
5 years

Last updated

Details

Award type
Multiple Award
Procurement
Indefinite Delivery / Indefinite Quantity (IDIQ)
Industry
Consulting Services
NAICS
541618
Solicitation №
HKE OCAFCS 2020 010

Contract value

$1,250,000

The contract record explicitly lists a contract amount of $1,250,000. This figure aligns with the typical budget for a multi‑year, on‑call airport financial consulting effort covering feasibility studies, bond work, and ongoing advisory services across two major airports. No additional funding caps were disclosed, so the $1.25 M figure is taken as the contract ceiling.

AI estimate from the award documents

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