This solicitation is for one or more senior managing Underwriter. In the event more than one firm is selected, the Corporation reserves the right at its discretion on any individual bond issue to appoint the book running Underwriter. Based on the recommendations of the selected Underwriter and the Municipal Advisor, the Corporation reserves the right to solicit one or more co-managers if deemed necessary. At the request of the Corporation as needed, and in coordination with the Municipal Advisor and Bond Counsel, the Underwriter will provide the following services: (1) Commenting and providing input on the plan of finance and financing schedule in connection with the issuance of the bonds. (2) Evaluating various financing structures and proposing financing methods within statutory legal constraints to be considered for accomplishing the Corporation’s objectives in connection with the bonds and being available to offer recommendations on various financing structures for the bonds. (3) Performing quantitative analysis and preparing bond cashflow models. (4) Providing market analysis and developing a comprehensive marketing plan for the bonds, including marketing strategies, investor outreach, timing of sale, structure and couponing strategies, etc. (5) Performing all underwriting activities for the negotiated sale of the bonds, including book running management of any syndicate, developing the proposed pricing scale and providing support from comparable transactions, recommending day-of-sale repricing levels, offering a commitment to underwrite unsold bonds under commercially reasonable terms given market conditions, etc. (6) Engaging in comprehensive and transparent pre-sale and day-of-sale coordination and communication with the Corporation and the Municipal Advisor, including conference calls, market intelligence, Ipreo order book access, post-sale reporting, etc. (7) Testifying before any regulatory, administrative and legislative body and attending regularly scheduled and special meetings of the Board of Directors of the Corporation and the Board of Supervisors of the LCTCS in connection with the issuance of the bonds. (8) Working with the financing team to review and revise financing documents required in connection with the issuance of the bonds and assisting in the preparation of the Official Statement. (9) Assisting in the rating process and providing interaction with the rating agencies. (10) Furnishing such other typical municipal underwriting functions as requested.
