Solid Waste Financial Modeling, Forecasting & Advisory Services

Project Information

Bid Title
Solid Waste Financial Modeling, Forecasting & Advisory Services
Issuing Agency
Montgomery County
Location
Maryland
Published Date
Jul 18, 2025
Closing Date
Aug 1, 2025
Government Level
State & Local
Status
Closed
Ref. #
RFP # 1184196
Original Source
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Project Description
Formal Solicitation Details

Solicitation Number
RFP # 1184196
Bid Opening/
RFP Closing Date
Aug 1 2025 3:00PM
Title
Solid Waste Financial Modeling, Forecasting & Advisory Services
Amendments
Amendment #1 has been issued
Pre-Submission Conference
Microsoft Teams Meeting (See Solicitation for Details)
Jul 14 2025 9:00AM
Contacts
Technical Contact:
DEP Procurement Team

DEP.Procurements@montgomerycountymd.gov

Procurement Specialist:
Erik Haugen
(240) 777-9900
Erik.Haugen@montgomerycountymd.gov
Scope

5.31. The County seeks the support of a qualified financial consulting firm to assist in developing a comprehensive financial planning and rate-setting framework for its Solid Waste System. This support is essential to ensure the financial sustainability, operational effectiveness, and regulatory compliance of the system over the near and long term.

5.3.2. Specifically, the County requires the development of a dynamic, user-friendly rate modeling tool that can evaluate cost recovery needs, project revenues and expenditures, and simulate rate impacts across customer classes under various economic and operational scenarios. In addition to the model, the County needs a detailed Six-Year financial forecast and a 10-year strategic financial plan that integrates capital planning, debt service, reserve policies, and long-term liabilities such as landfill closure/postclosure care.

5.3.3. The County also seeks comparative benchmarking analysis against peer jurisdictions, guidance on optimal funding strategies, and ongoing consultation to ensure internal staff can effectively maintain and utilize the rate model. The consulting firm must provide scenario planning support and be available on an as-needed basis following the initial project phase.

5.33. This effort is critical to maintaining financial transparency, stabilizing rates for ratepayers, and ensuring that the County can responsibly plan for future capital and operational needs in an evolving regulatory and market environment.

Bid Holders


The solicitation and all amendments can be downloaded using one of the two options below.


If you only want to view the solicitation, please select Option 1, and you will not receive e-mail or other communications regarding this solicitation.


If you are intending to respond to this solicitation and would like to receive e-mail communications (including solicitation amendments) regarding this solicitation, please select Option 2. Regardless of what option you choose, it is still the responsibility of the bidder/offeror to frequently visit the Office of Procurement's website to obtain solicitation amendments.

Link to Solicitation
Contact Option (option 2)
Email:
Your Name:
Your Company:
Commodity Codes
  • NAICS 541611Administrative Management and General Management Consulting Services
  • NAICS 541618Other Management Consulting Services
  • NAICS 562111Solid Waste Collection
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