Opportunity

Utah Public Procurement Place U3P #26-District-Underwriting

Underwriting Services for Utah Charter Academies Multi-Project Bond Issuance

Posted

March 01, 2024

Respond By

April 08, 2026

Identifier

26-District-Underwriting

NAICS

523110

This opportunity involves the State of Utah Division of Purchasing seeking professional underwriting services for Utah Charter Academies (UCA) to support a complex, multi-project bond issuance. - Government Buyer: - Utah Charter Academies (UCA), via the State of Utah Division of Purchasing - Scope of Services: - Managing Underwriter to provide investment banking services - Responsibilities include pricing negotiation, aggressive marketing, and high-level credit presentation to S&P Global Ratings - Goal is to secure the lowest possible cost of capital for UCA - Procurement Details: - Value-based selection process (no pricing in qualifications submission) - Selected vendor will serve as Managing Underwriter - Notable Requirements: - Certifications regarding legal compliance - No ties to OFAC sanctions list - No involvement with Huawei or ZTE - Maintenance of necessary licenses - Disclosure of debarment, conflicts, legal issues, and tax liens - OEMs and Vendors: - No specific OEMs or vendors are named in the solicitation - Products/Services Requested: - Underwriting services for multi-project bond issuance - Place of Performance: - Utah Charter Academies (Salt Lake City, Utah)

Description

The State of Utah Division of Purchasing, conducting procurement for Utah Charter Academies, is seeking statements of qualifications for underwriting services related to a complex, multi-project bond issuance. The goal is to secure the lowest possible cost of capital through expert pricing negotiation, aggressive marketing, and high-level credit presentation to S&P Global Ratings. The procurement method is value-based selection, and pricing should not be included in the qualifications submission. The highest-ranked vendor will be selected to negotiate a contract under Utah Procurement Code 63G-6a Part 15.

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