Financial Advisory Services

The Vendor is required to provide financial advisor services to assist in its debt and financial management program.
- The Financial Advisor Services requested include traditional services and non-traditional financial services.
- Traditional services include, but are not limited to, quantitative analysis, evaluation and presentation of financing options, provision of timely credit market information, preparation of offering documents, advice and assistance with the structuring, marketing, issuance, sale and delivery of debt instruments, as well as attending meetings and providing on-going services after the successful delivery of a debt issue.
- Non-traditional financial services are also requested including tracking of economic trends and providing economic projections which may impact the agency financial position; assistance in the development of long-range revenue and expenditure projections; assistance with arbitrage issues; and other services as may be negotiated.
- Review and analyze debt structures and projected cash flows.
- Based on such financial findings, the Financial Advisor(s) shall devise and recommend a plan of financing under terms and conditions most advantageous to the agency.
- If the revenues of a system or facility are to be pledged to repayment of securities, the analysis will take into account any outstanding obligations which are payable from the net revenues thereof, additional net revenues from any proposed rate increase and/or additional net revenues as projected by staff or consultant analysis, and evaluation of pro forma cash flows.
- Assist the agency in securing competitive bids and selecting bond underwriters (to the extent underwriters have not already been selected), paying agents/registrars, financial printers and other services rendered by other parties associated with financial transactions.
- The Financial Advisor(s) shall collaborate with the General Counsel and Bond Counsel and shall assist in all financial advisory aspects involved in the preparation of appropriate financing documents and following required debt issuance procedures.
- Advise, inform and assist the agency with performing due diligence investigations with respect to firms that the agency may contemplate utilizing in a financing transaction. Such due diligence shall include matters pertaining to the investigation of a firm’s alleged or convicted financial misconduct, securities violations, financial health, regulatory investigation(s), or other financial diligence.
- Continual monitoring of the feasibility of refunding opportunities and provide assistance in all aspects and phases of any refunding transaction.
- Assist in the development and maintenance of a long-term debt financing plan.

- Contract Period/Term: 3 years
- Questions/Inquires Deadline: October 21, 2025