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Provision Of Financial Advisory Services.

Tenders are invited for Provision Of Financial Advisory Services

General Description :

The Financial Advisor shall provide comprehensive financial advisory services to the City. Upon written notice from the City, the Financial Advisor shall perform the following services subject to the conditions and in consideration of payment as hereinafter set forth:

A. Debt Issue Development and Sales Services 1. Planning and Development a. Provide recommendations on the marketing of bonds including bond covenants, pledge of revenue, flow of funds, legal coverage requirements, municipals bond market trends and timing of issue. b. Assist in the preparation and analysis of feasibility studies in cooperation with City staff, bond attorneys, architects, engineers and other professionals as requested by the City. The studies should also include the use of pay as you go and debt financing. c. Carefully analyze the financing to determine the best methods of strengthening its marketability consistent with current economic conditions and capital markets conditions and increasingly stringent rating agency criteria. This may involve the use of municipal bonds insurance, surety bonds, letters of credit or other enhancement devices deemed appropriate by the City. d. Perform a comprehensive analysis of all City projects and provide the best possible plan for the financing of these projects. e. Consult with Bond Ratings Agencies with regard to the proposed financing and assist in obtaining the most favorable rating possible. Prepare the City thoroughly for any necessary rating presentations and participate in those meetings. f. Act as a liaison with bond counsel and coordinate other professionals providing information in connection with the proposed financing. g. Provide advice and assistance on the requirements of various financing structures, the principal amount of bonds to be sold, maturity schedules, call and put features, premium/discounts, basis of awarding bids and types of sales. h. Keep the City abreast of market developments and financing techniques which might be applicable to the Citys bond financing program, including available from state and federal programs. etc.

Major organization : CITY OF LAKE WALES

Address : Purchasing Department,

201 W Central Ave.,

Lake Wales, Fl 33853

Contact Person:Drew Buckner,

Country :United States

Email :

Tender notice number : 16-406

Notice type : Tender Notice

Open date : 2016-02-18

Tender documents : T31521142.pdf

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Publication:Mena Report
Date:Jan 15, 2016
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