Bond Underwriting Services

The Vendor is required to provide bond underwriting services for include:
- Senior managing underwriter
•    Develop the structure and overall marketing strategy on a debt transaction to which the underwriter(s) has been assigned and coordinate with authority, bond counsel, financial advisors, rating agencies, and other professionals involved in the transaction. 
•    Manage the underwriting team assigned by authority. 
•    Assist in the preparation of an official statement or prospectus containing official data, investor presentations (if needed), and other information of the nature and to the extent ordinarily required in the offering of obligations, all of which is to be furnished to prospective purchasers.
•    Advise authority of current bond market conditions, forthcoming bond issues and other general information and economic data that might normally be expected to influence interest rates or pricing conditions, so that the date for the sale of any obligations in the open market can be set at a time which is viewed to be most favorable. 
•    Collect price views from co-managing underwriters and coordinate conference calls and various other communications with authority and financial advisors including, but not limited to, market updates and pre-pricing calls. 
•    Assist authority with the sale and delivery of bonds or other debt instruments. 
•    Prepare a pricing book summarizing the market conditions, orders, and allotments of bonds, and terms of final sale. 
•    Direct underwriters’ counsel on matters in order to comply with various policies and directives as prescribed by authority and work with financial advisors, bond counsel, and others necessary to comply with state, federal, and local requirements associated with various documents developed as part of any financing. 
•    Provide authority and financial advisors with any other information deemed necessary, including post-pricing monitoring of trades, calculations associated with make-whole call provisions, and other related financial calculations as authority deems necessary.
•    Respond timely to inquiries and requests for information from authority, financial advisors, bond counsel, and others.
- Co-managing underwriter
•    Assist the senior managing underwriter in providing the primary and secondary market support in the form of market orders based on the priority of orders for authority financing transactions. 
•    Assist the senior managing underwriter in providing the analyses of market conditions and advise authority with regard to market timing and development of a marketing plan for the bonds. 
•    Assist authority with the sale and delivery of bonds and certificates, or other debt instruments.
- Other services
•    Other services to be provided by firms in the pool may include services related to the issuance of variable rate debt, commercial paper, bond tenders, and other underwriting services.