Municipal Advisor Services

The Vendor is required to provide for a municipal advisor services.
- These ratings provide the opportunity for university to issue bonds without having to use a municipal bond insurance policy.
- New Debt Issues Management:
•    Evaluate and advise alternative debt financing strategies and structures to address funding needs for university's capital improvement projects.
•    Evaluate and advise the selection of methods of sale and marketing of bonds.
•    Assist and advise to determine bonding capacities.
•    Assist and advise the university's bond counsel and underwriter's in the preparation of official statements for the sale of bonds.
•    Assist and advise the university's bond counsel and underwriter's in the preparation and review of continuing disclosure statement.
•    The offeror, when requested, shall attend meetings of the university's regents, higher education department and state board of finance.
- Current Debt Portfolio Management:
•    Assist university staff in monitoring current debt obligations, advising university staff of opportunities to restructuring of those accounts if significant savings can be achieved.
•    Assist university staff in monitoring the university’s bond escrow accounts, and recommending restructuring of those accounts if significant savings can be achieved.
•    Prepare worst case scenario analysis assuming all swaps default from underwriters on a semiannual basis.
•    Provide university staff with current tax exempt rates, changes in tax codes and other factors that would influence or alter the university’s strategies with respect to debt financing.
•    Review and evaluate, when appropriate, services provided by bond counsel, disclosure counsel, tax counsel, underwriters and other providers in bond transaction for effectiveness and quality of service.
•    Review and evaluate annually the university’s debt management policy based upon the debt and investment advisory committee’s review of operations and market conditions.

- Contract Period/Term: 4 years