Specifications include, but are not limited to: 1. Generally, underwriters will be expected to: a. Remain current and knowledgeable with respect to the TWDB’s goals and efforts to provide financing assistance to its program participants; b. remain knowledgeable of financing structures that will support the TWDB’s goals to provide low-cost financing options to its program participants; c. analyze financing options for new money origination and refunding bond issues and work with Staff and the TWDB’s financial advisor to determine the relative merits of proposed structures; d. coordinate with the working group (Staff, financial advisor, bond counsel, disclosure counsel, and others as necessary) to discuss various financing options; e. provide market analysis and support in the identification of investors to participate in the TWDB’s transactions and f. provide other services as requested by the TWDB. 2. When serving as Senior Manager for a transaction, underwriters will act on behalf of the underwriters assigned to the transaction (the “Underwriting Syndicate”) and will be expected to: a. Coordinate with the financing team for each transaction, and provide input on the transaction schedule and distribution list; b. if requested, perform quantitative analysis of proposed debt service and program cash flows; c. assist in the review of the Preliminary and Final Official Statements and other required documents, and attend any corresponding document review sessions; d. provide a marketing plan discussing targeted markets and investors and outreach strategies for the issue