Financial Advisor Services

The Vendor is required to provide for financial advisory services agency.
- The Entities require expert financial advisory support on an “as needed” basis to manage various transportation-related financial programs, debt issuances and debt portfolio, and infrastructure investments.
- provide comprehensive financial advisory services to assist the Entities in the management, modeling, and execution of their financial programs and debt portfolios.
- Objectives
• Develop and evaluate financing concepts, options, and alternatives.
• Provide ongoing management and oversight of existing and future debt portfolios.
• Advise on innovative transportation financing ideas and potential statutory changes.
• Support legislative analysis at both the state and federal levels.
- Financial Programs Responsibilities
• Develop, evaluate, and model financing concepts and alternatives for the Entities.
• Model and Data Provision: Upon request by the State, the Contractor shall provide all underlying source data, model logic, proprietary assumptions, and complete documentation utilized in the creation of any financial analysis, concepts, or recommendations
• Advise on outstanding financing instruments and new financings as they arise.
• Monitor existing debt and identify opportunities for refinancing or restructuring.
- Provide as-needed services for the delivery of the current Plan of Finance.
- Support active management of the Plan of Finance to balance financing vs. pay-go programs, manage cash flow, and ensure funding reserves.
- Investigate the viability of securing financing for numerous state projects.
- Attend meetings as requested by the Entities with reasonable advance notice.
- Prepare presentation materials and participate in presentations to governing bodies, rating agencies, and bond insurance companies.
- Advise and assist in the preparation and execution of debt sales, including the review of legal documents and official statements.
- Formally advise on the appropriate type of sale: negotiated, competitive, or private placement.
- Assist in procuring services for bond/disclosure counsel, trustees, rating agencies, and bond insurance.