Bond Underwriting Services

The vendor is required to provide bond underwriting services for include:
a. The senior manager(s) for the bonds will:
• Assist agency and its financing team in developing an overall financing plan for its ongoing capital needs.
• Assist in making recommendations on all aspects of the proposed financings including, but not limited to, the following:
o Provide recommendations on the optimal debt structure based on the district’s financial needs and objectives.
o Propose structuring alternatives and innovations that minimize the cost of capital while maintaining future financing flexibility.
o Cash flow modeling of payroll tax revenues and debt service requirements.
o Assist with rating agency strategies and presentations.
o Conducting an in-depth analysis of current market conditions, including interest rate trends, inventory demand and comparable issuances.
o Assist with investor outreach efforts.
o Adhere to the district’s debt management policy
• Participate in communicating agency financial position and finance plan to rating agencies and investors.
• Assist with the preparation and review of the official statement and other related documents.
• Market and price the bonds upon terms and conditions mutually acceptable to agency and its municipal advisor.
• Co-managers will be expected to provide input on an as-needed basis and to support the marketing of the bonds.
• All members of the underwriting team will be expected to provide other customary services as requested by agency.
b. Agency intends to select the senior and co-managing underwriter for negotiated bond transactions through a mini-RFP to underwriter pool members.
c. Bonds sold through a competitive sale will not trigger the use of the underwriting pool, although pool members may bid on competitively sold bonds.
- Contract Period/Term: 5 years
- Questions/Inquires Deadline: May 02, 2025