Specifications include, but are not limited to: : The purpose of this Request for Quotations (RFQ) is to obtain quotations from investment banking firms to assist the District with the issuance of certificates of participation and/or bonds to fund District infrastructure and take advantage of market opportunities to reduce debt service costs. The proposals will be used to select senior managing underwriter(s) and co-managers. The District will use its sole discretion to determine the number of underwriters to use on any future negotiated financings and who will serve as senior manager(s) or co-manager(s), if any, for each transaction. The services listed below will be required of the senior managing underwriter(s) on any future negotiated financing. Co-managing underwriters will provide assistance as requested and will support the marketing, distribution and underwriting of the bonds. The required services of the senior managing underwriter(s) include, but are not limited to, the following: 1. Participate in drafting of all bond documents, including the Official Statement. 2. Assist in preparation and discussions with rating agencies and bond insurers, if requested. 3. Make recommendations for important aspects of the proposed financing, including, but not limited to, the timing of the sale, the overall sales approach, the structure, the call provisions, and the use of credit enhancement. 4. Lead the underwriting team in marketing and distributing the bonds to both retail and institutional investors, in an attempt to access the largest possible selection of investors. 5. Underwrite the financing based upon terms and conditions agreed to by both the District and the underwriters in the Bond Purchase Agreement.
