Financial & Funding Strategy Analysis

The City of Archdale is seeking a subcontractor to evaluate existing funding models for recreation services and develop sustainable financial strategies and realistic budget scenarios to support future service levels. This engagement requires a thorough analysis of current revenue sources, expenditure patterns, and financial risks, with the goal of identifying viable long-term funding solutions that ensure the continuation and potential expansion of public recreation programs. The contractor must provide actionable recommendations that balance fiscal responsibility with community needs, taking into account demographic trends, operational costs, and potential alternative funding mechanisms. The opportunity is posted under NAICS code 541611, which categorizes it as an administrative management and general management consulting service, indicating that the work is advisory and analytical in nature. Responses are due by November 22, 2024, and all submissions must align with the city’s expectations for strategic planning and financial forecasting. While no specific set-aside provisions are listed, the contract is structured as a subcontract, suggesting the winning firm will likely work under or in coordination with a primary contractor or internal city team. All communications and proposal submissions must be directed through the official bid portal linked on the City of Archdale’s website.