Specifications include, but are not limited to: THDA anticipates the financial advisor will be utilized consistently to assist with the following: • structuring bond issues, including debt service analysis, 10-year rule/32-year rule analysis, universal cap analysis, and other analysis required by bond counsel or rating agencies or as otherwise necessitated by specific bond structures • reviewing transaction documents and documents related to the underwriter and selling group • reviewing and commenting on documents related to bids and bid verification in a competitive sale • interacting with the underwriting team on behalf of the Bond Finance Committee and THDA in a negotiated sale • recommending underwriter compensation in the case of a negotiated sale • preparing memoranda or other documents containing recommendations as requested by THDA and the Bond Finance Committee • assisting in the selection of underwriters and analyzing pricing proposals • preparing cash flow projections, in connection with each bond transaction and annually on a consolidated basis for THDA’s two open indentures • identifying and analyzing refunding opportunities and other debt management opportunities assisting with tax analysis
