Bond Credit Ratings Services

The Vendor is required to provide credit rating services in connection with future issuances of state general obligation (“GO”) bonds, bond anticipation notes, and tax and revenue anticipation notes (collectively referred to hereafter as “GO bonds”, or individually as a “GO bond”).
- Gather and organize all necessary financial documents, historical data, and other relevant information (including the preliminary official statement) needed to provide a GO Bond credit rating for a requested transaction.
- Prepare a comprehensive report or press release detailing the assigned credit rating, the rationale behind the assigned rating, key financial metrics, and any relevant risk factors.
- Provide the State with a pre-publication rationale for the assigned credit rating for fact-checking and accuracy purposes.
- Identify and assess potential risks that could impact the State’s creditworthiness, including recommendations for mitigating identified risks.
- Provide the necessary staff to successfully carry out the requirements set forth in this proposal, including assigning a lead person to be the primary contact with office.
- Contract Period/Term: 1 year
- Questions/Inquires Deadline: July 21, 2025