The vendor is required to provide comprehensive “book-running” services related to the structuring, marketing, selling, and underwriting of agency green jobs – green York (GJGNY) primary market execution.
• Identify opportunities in the market for agency;
• Develop and analyze potential financing structures and advising, in consultation with agency financial advisor and bond counsel, on the development of the overall financing plan; 
• Run “best execution” analysis for market execution using industry standards analytics, approaches and modeling assumptions using analytical tools for arbitrage pricing and bond sizing to maximize proceeds and reduce cost of capital and funding, marketing and underwriting; 
• Creating an overall marketing plan and pricing strategy for each bond sale; 
• Provide relevant market and economic data, pricing views, comparable prices, and pricing proposals prior to pricing; 
• Preparation of strategy for presentations to rating agencies, credit enhancers, and investors, as necessary and assist agency and its financial advisors in obtaining ratings; 
• Follow agency policies, either oral or written, for liability, designation and retention, pricing procedures and the process of selling debt obligations; 
• Underwrite the bonds; 
• Post-pricing support; including:
o Fulfillment of orders and allotments, upon approval of agency; 
o Market support for underwritten bonds; and 
o Provide all relevant pricing information to agency, including orders (retail, member, priority), debt service schedule, rates, yields, true interest cost, information related to comparable transactions.
• Provide support and service in selling existing loan portfolios; and 
• Provide support and service for post transaction activities including rating agency surveillance reporting.
- Contract Period/Term: 5 years