State Controller's Office

Buyer seeks a contractor to provide monthly forecasting and economic advisory services. Contractor will assist buyer in responding to economic changes, financial shifts, and budget deficits. Services will support the Controller's ability to speak authoritatively on topics affecting California as the fifth largest economy globally. Contractor will help manage state cash flows, refine forecasting models, and provide detailed economic analysis.

• 4/16/2025 - Written Questions Submittal Deadline
• 4/21/2025 - Written Questions & Answers Released
• 4/29/2025 - Proposal Due Date
• 4/30/2025 - Evaluation of Proposals
• 5/13/2025 - Interviews
• 5/22/2025 - Notice of Intent to Award
• 5/30/2025 - Proposed Award Date
• 7/1/2025 - Agreement Begins

• Professional economic consulting and forecasting firm with detailed analysis experience
• 10 years experience in similar services within last 15 years
• 5 years experience with CA or large state government
• Key staff with 10 years professional economic consulting experience
• Key staff with regional economic analysis experience focusing on California
• Key staff with graduate degree in economics, finance, or public policy

• Develop monthly economic forecasts with growth opportunities and challenges
• Provide detailed analysis of state economic trends and indicators
• Monitor state, federal, and global economic conditions
• Assess impact of policies on economy across sectors
• Assist with managing and monitoring state cash flows
• Refine previously developed forecasting models
• Project future cash flows in General Fund
• Analyze economic indicators including employment and industry performance
• Offer insights across technology, agriculture, and tourism sectors
• Recommend actionable policy considerations for managing state revenues