Environmental Social and Governance Bond Certification Services

The Vendor is required to provide environmental, social, and governance (“ESG”) bond certification in accordance with the climate bonds standard and certification scheme issued by the international capital market association (“ICMA”) and the climate bond initiative (“CBI”) for upcoming state general obligation (“GO”) bonds.
- Provide certification, as requested, of State GO Bonds issuances identified by office for capital projects that may be compliant with ESG standards;
- Coordinate with office finance team, along with State agencies and public authorities responsible for the capital project expenditures to be financed, to ensure that the necessary information concerning the review of the capital project expenditures is accurate and transmitted in the verification report to obtain certification;
- Provide guidance and recommendations for the best ESG standards to be applied to the project being certified;
- Coordinate with ICMA, CBI, and other green bond authorities, as necessary, to obtain certification under the applicable ESG standards;
- Prepare opinion letters/certification reports for the State Comptroller that may be requested by a regulatory authority as part of its process for certification and that the Comptroller may include in pre-issuance and post-issuance disclosure documents, subject to counsel guidance;
- Coordinate with office to ensure that certifications are completed accurately and in a timely fashion; and
- Provide the necessary staff to successfully carry out the requirements set forth in this proposal, including assigning a primary point of contact for all Services.
- Contract Period/Term: 5 years
- Questions/Inquires Deadline: July 21, 2025