Specifications include, but are not limited to: • Devising and recommending a plan of financing for bonds to be issued, which plan shall include a maturity schedule and other terms and conditions, as will result in the most advantageous terms, consistent with a minimum effective interest rate, including determining the timing of the offering and the sizing of each bond issue; • Participating in document preparation and assisting bond counsel in the coordination of the offering, including preparing such information, as necessary, for the rating agencies and upon approval, assisting in the presentation to such agencies; assisting in maintaining on-going relationships with the credit rating agencies; • Participating in Preliminary Official Statement and Official Statement preparation; • Advising concerning the need for credit enhancement and assisting in the negotiations regarding such; • Assisting in closing details and post-closing duties, including the development of closing memorandum; • Advising the staff of new developments in the municipal bond industry and how they affect the Department long-term debt financing; • Soliciting bids for printing of bond offering documents, ratings, and other related services when necessary.
