Financial Advisory Services

The Vendor is required to provide its professional services and facilities as financial advisor in connection with all programs of financing as may be considered and authorized by city during the period in which this contract shall be effective.
- Provide to serve as the city financial advisor for the sale of general obligation bonds, certificates of obligation, water and sewer revenue bonds, sales tax revenue bonds, and other debt instruments as approved by city council and/or the city industrial board.
- Financial Planning.
•    Perform any necessary analyses of the financial resources of the issuer to determine the extent of its capacity to authorize, issue, and service any issuer obligations contemplated, including an analysis of any existing debt structure as compared with the existing and projected sources of revenue that may be pledged to secure payment of debt service. 
•    Advisor will also survey any trends of the assessed valuation, taxing power and present and future taxing requirements of the issuer, as appropriate. 
•    If the revenues of a system or facility are to be pledged to repayment of the proposed issuer obligations, the survey will take into account (i) any outstanding obligations which are payable from the revenues thereof, (ii) additional revenues expected from any proposed rate increase, and (iii) the additional revenues as projected by your consulting engineers as the result of the improvements to be financed by the proposed issuer obligations. 
•    Advisor will also take into account any policy considerations, future financing needs and operational considerations, as provided or projected by issuer's staff and/or consulting engineers or other experts engaged by the issuer.
•    Assist in the formulation of a 10 year capital improvement plan to review the issuer's anticipated financing needs in light of future available revenues to support the issuer's financing needs and applicable state laws restricting debt capacity and assist in periodically updating such plan.
- Debt Management.
•    Assist in the preparation of, or revisions to, a debt management policy for the issuer.
•    Evaluate new money and refunding financing transactions contemplated by the issuer, giving consideration to the complexity, market acceptance, rating, size and structure of such transactions in order to make a recommendation as to an appropriate method of sale.
•    For qualified projects or financings, upon request, coordinate and assist in the preparation of applications for financial assistance from state or federal governmental agencies.
•    Advise the issuer as to the utility of credit ratings and bond insurance or other forms of credit or liquidity enhancement for issuer obligations.
•    Provide copies of the final official statement to the purchaser or underwriters, as applicable, of the issuer obligations in accordance with the notice of sale and bidding instructions or the issuer’s agreement with the underwriters, as appropriate.
•    Provide the issuer's legal counsel with financial information requested by such counsel in connection with such counsel's preparation of legal documents pertaining to the authorization, sale and issuance of the issuer obligations.

- Contract Period/Term: 5 years
- Questions/Inquires Deadline: September 5, 2025