Award

Alpine School District ASD02222023WKT

Alpine School District - Underwriting Services or Direct Placement

Recipient

Morgan Stanley

Award Amount

$90,000,000.00

Ceiling

$90,000,000.00

Awarded

February 27, 2023

Identifier

ASD02222023WKT

The buyer is the Alpine School District, specifically the Local Building Authority of Alpine School District, Utah, with the Department of Purchasing as the issuing procurement unit and the Department of Business Services as the conducting procurement unit. The award is for underwriting services or direct placement proposals related to the District's planned issuance of up to $90,000,000 in Lease Revenue Bonds. The vendor mentioned is Morgan Stanley. The contract involves providing underwriting services or direct placement options for the bond issuance. The solicitation number is ASD02222023WKT. The contract includes requirements for compliance with the Utah Procurement Code and Administrative Code, evaluation criteria, and the possibility of contract modifications to incorporate new technology or upgrades. Vendors must certify they are not engaged in a boycott of the State of Israel. The procurement includes financial and advisory services related to public administration, finance, banking, investment, insurance, and retirement services. The place of performance is within the Alpine School District in Utah. The contract does not specify quantities or part numbers for products, as it is a service contract for underwriting and financial advisory services.

Description

Provide underwriting services in connection with the District's planned issuance of up to $90,000,000 in Lease Revenue Bonds. The District is also soliciting direct placement proposals.

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