Underwriter Pool Services

The Vendor is required to provide underwriter pool will be eligible to serve as senior managing underwriter or co-managing underwriter for negotiated bond issuances undertaken by the authority during the pool term.
- Underwriters selected for inclusion in the authority’s underwriting pool, and those selected for specific bond transactions, will be expected to provide comprehensive investment banking and underwriting services consistent with best practices for municipal airport revenue financings, including general airport revenue bonds.
- Underwriters selected for the pool and those assigned to specific transactions may be expected to perform services including, but not limited to:
•    Advising the authority regarding municipal bond market conditions and financing alternatives 
•    Assisting in the development of optimal debt structures for potential bond issuances 
•    Supporting preparation and review of preliminary and final offering documents 
•    Coordinating with the authority’s municipal advisor, bond counsel, disclosure counsel, trustee, and other financing team members 
•    Assisting with credit rating agency strategy, including preparation for rating agency presentations 
•    Developing and executing investor marketing and distribution strategies 
•    Managing investor order periods and assisting with investor communications.
- Requirements
•    Provide investment banking and underwriting services for municipal airport revenue bond financings 
•    Assist the authority in structuring negotiated bond transactions 
•    Maintain strong distribution capabilities within the municipal bond market 
•    Coordinate effectively with authority staff and the financing team throughout the transaction process 
•    Provide market analysis and recommendations regarding debt structure, timing, and pricing.