Opportunity
City of Largo Demandstar #RFP-22-P-737-0-2022/OJ
City of Largo Solicits Investment Banking and Bond Underwriting Services for $60M Capital Improvement Bonds
Posted
August 13, 2021
Respond By
September 11, 2021
Identifier
RFP-22-P-737-0-2022/OJ
NAICS
523150
This opportunity involves the City of Largo seeking qualified firms to provide investment banking and bond underwriting services for its Capital Improvement Revenue Bonds, Series 2022, with a principal amount up to $60 million. - Government Buyer: - City of Largo (local government) - Vendors and Potential Underwriters: - American Veterans Group - BofA Securities - Estrada Hinojosa & Company - GrayRobinson - J.P. Morgan - Morgan Stanley - Public Resources Advisory Group - Raymond James & Associates - Rockfleet Financial Services - Stern Brothers - TD Bank - UBS Financial Services - Watson Sloane PLLC - Wells Fargo - Products/Services Requested: - Investment banking and bond underwriting services for Capital Improvement Revenue Bonds, Series 2022 - Includes structuring, marketing, and selling both tax-exempt and taxable bond series - Services cover all activities from pre-issuance planning through closing - Quantity: 1 engagement - Unique/Notable Requirements: - Bonds will finance City Hall and Parks Division projects, including land acquisition, construction, and specialized facilities (e.g., recreational train program) - Proposals may be for senior or co-managing underwriter roles - E-bidding is supported; documents available via DemandStar - Procurement classified under finance and bond issuance services
Description
The City of Largo is seeking proposals from qualified firms to serve as senior or co-managing underwriter for the issuance of Capital Improvement Revenue Bonds, Series 2022, with a principal amount not to exceed $60 million. The bonds will be issued as one tax-exempt series and one taxable series to finance the City Hall project, parks facilities, and related costs of issuance. The solicitation is a Request for Proposal (RFP) with a response deadline of September 10, 2021. Multiple prospective bidders are listed, and the procurement supports e-bidding.