Financial Advisory Government Tenders in United States

Independence, regulation and how advisory mandates are scoped

Financial advisory work for public bodies is bought under a constraint that shapes every bid: the adviser must be, and be seen to be, independent of the transaction it is advising on. Conflict of interest declarations are made at bid stage and cover the whole firm and its affiliates, not the proposed team, and an existing relationship with a likely counterparty is commonly disqualifying. Firms that also arrange or underwrite are frequently excluded from advising on the same transaction, which is why this category has a distinct supplier population from banking services.

Mandates are scoped around a decision with a date attached -- a funding structure, a valuation, a business case, a restructuring, a concession -- and are almost always phased so the buyer can stop. Fees mix a fixed element for defined deliverables with capped time-based charges for support through a process whose length depends on third parties. Success fees are viewed cautiously in public procurement because they align the adviser with completion rather than with the buyer's interest in walking away, and where they are permitted they are usually capped and disclosed.

Evaluation rests on the individuals and on regulatory standing. Buyers check that the firm holds the authorisations its jurisdiction requires for the activity in question, that professional indemnity cover matches the value of the decisions being advised on, and that the named team has done comparable transactions rather than comparable sectors. Because the deliverable is frequently a document that will be relied on by lenders, auditors or a legislature, the terms governing reliance, liability caps and the right to publish the advice are negotiated as hard as the fee.

This section describes how this category is bought generally, across the public buyers that publish it. The figures elsewhere on this page are measured for this market alone.

Who buys financial advisory in United States?

GlobalGov holds 28 financial advisory records from 10 distinct buying organisations in United States. The most frequent publishers are Department of Education (10 records); Department of Health and Human Services (6 records); Department of Veterans Affairs (3 records); Department of Defense (2 records); Pension Benefit Guaranty Corporation (2 records); DOL - Cas Division 3 Procurement (1 record). Between them the 6 largest account for 86% of everything published, so buying here is concentrated in a few authorities.

What are financial advisory contracts worth in United States?

23 of the 28 records publish a contract value. The median is $204.9M and the largest single published value is $8.3B. By size, 23 above $10M. The remaining 5 publish no value at all, so every figure here describes the priced subset only, and values are as stated by the buyer rather than as finally awarded.

How long do bidders get to respond to financial advisory tenders in United States?

Across the 5 United States financial advisory notices that publish both a publication date and a closing date, the median response window is 23 days. A quarter of them allowed 22 days or fewer and a quarter stayed open for more than 31. Not one of them closed within a fortnight of being published, so the window on this market is consistently workable.

How often are financial advisory tenders published in United States?

United States publishes about 2 notices a month in this category, 28 in the last twelve months. Over the last three years there were 28, spread across 6 separate months of activity since 17 March 2026. September is historically the busiest month. The most recent was published 30 September 2026.

How does United States compare with other financial advisory markets?

Among the 30 countries where GlobalGov holds a comparable financial advisory market, United States ranks 30th by number of records. The largest is France (9,415 records against 28 here). Within United States itself, financial advisory is the 83rd largest of the 85 procurement categories tracked here.

Where do the United States financial advisory records on this page come from?

These 28 records are collected from 2 official sources: USAspending (23), SAM.gov (5). GlobalGov is an independent aggregator and is not affiliated with any of them; each record links back to the notice on its issuing portal. The set is rebuilt nightly, and the counts on this page were taken on 2026-10-01.

Open Financial Advisory tenders in United States

Showing 1 of the 18 notices open in this category today. Openness uses the same definition as the United States market page: active, not marked awarded, cancelled, closed or expired, and either closing in the future or published within the last 90 days with no stated closing date.

Other procurement categories in United States

Financial Advisory procurement in other markets