Guilford County NC MUNIS #20144

Financial Advisory Services

The buyer is the Guilford County Purchasing Department located in Greensboro, North Carolina. The contract is for financial advisory services associated with debt issuance, debt modeling, transaction management, alternative financing solutions, capital planning, and tax status of issues. The awarded services include comprehensive advisory services related to structuring, marketing, selling, and underwriting of debt, including serving as the County's consultant on debt financing projects, preparing rating agency correspondence, managing bond financing processes, analyzing capital structure, monitoring outstanding debt portfolios, developing financing schedules, and assisting with bond insurer negotiations. The contract requires the provider to keep the County updated on federal and state regulations affecting tax-exempt debt, bond market information, and economic data. The provider will also assist in selection of financing teams, coordinate preparation of financing documents, develop rating agency strategies, and perform presentations to the Board of County Commissioners. The contract term is initially two years with options to renew for two additional two-year periods, for a total of up to six years. The contract includes a Minority and Women Business Enterprise (MWBE) participation goal of 15%. The solicitation references commodity codes 91849, 94633, 94648-49, and 95839. No specific OEMs or vendors are mentioned as this is a service contract. The place of performance is Guilford County, NC, with the buyer's office located at 201 South Greene Street, Greensboro, NC 27402. Unique contract requirements include compliance with MWBE participation goals, good faith efforts to recruit minority businesses, and detailed submission requirements including cost proposals, qualifications, and references.

Description

Award for Financial Advisory Services under Bid Number 20144 (REBID #1) by Guilford County. The contract includes providing financial advisory services associated with debt issuance, modeling, transaction management, alternative financing solutions, capital planning, and related advisory services. The contract term is initially two years with options to renew for two additional two-year periods, totaling up to six years. The awarded vendor is Davenport & Company, LLC. with an award amount of $170,000.00.

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