Financial Advisor Services

The vendor is required to provide for a financial advisor to provide advice and assistance with the financial management of the government bond program and assist with other related matters as needed.
- Professional liability insurance in the minimum amount of $7.5 million.
- Meet all deadlines set forth in the bond issuance schedule.
- Create a bond issuance schedule and coordinate the process with the bond issuance team.
- Review proposals from underwriters and make recommendations for negotiations.
- Conduct information meetings with institutional investors, credit enhancement providers, rating analysts, underwriters, and other public presentations as requested by commission.
- Provide pre-pricing books, pre-sale market analyses, pre-sale market updates, pricing recommendations, and assistance in pricing negotiations.
- These must be communicated in a method and timeframe approved by commission.
- Prepare a yield memorandum for arbitrage certifications.
- Assist the bond counsel in the preparation of the preliminary and final official statements, ensuring the bond documents properly reflect the structure of the transaction.
- Prepare cash flows analysis for all bond issues.
- Draft and evaluate responses to requests for specific financing proposals received from underwriters.
- Perform all the mathematical computations associated with any bond transactions, including but not limited to the following:
1. Estimated savings
2. Bid verifications
3. Interest rates
4. Actual savings (present value and percentage)
5. Closing calculations
- Work with the primary financial advisor and bond counsel to answer questions from potential bidders.
- Provide any amended notice of sale to any potential bidders that received the original notice of sale
- Contract Period/Term: 3 years
- Questions/Inquires Deadline: April 22, 2025