Redwood City Granicus #FIN26-01

Redwood City Solicits Municipal Advisory Services for Capital Infrastructure Financing

The City of Redwood City is seeking proposals for professional municipal advisory services to support capital infrastructure financing: - Government Buyer: - City of Redwood City, Finance Department - Key contact: Amy Chen, Special Projects Manager - Services Requested: - Municipal advisory services to identify and evaluate funding strategies for capital projects - Includes review of citywide taxes, community facilities districts, and debt financing options - Ongoing advisory support and potential debt implementation (e.g., managing debt issuance) - Initial assessment of funding tools and continuing services such as bond sizing, tax rate analysis, and debt refunding evaluation - Requirements: - Firms must be registered with the Municipal Securities Rulemaking Board (MSRB) - Demonstrated experience advising public agencies on large-scale infrastructure funding - Experience in San Mateo County is preferred - No specific OEMs or product vendors are named; this is a professional services opportunity - Contract Details: - Initial term of three years, with two optional one-year extensions at the City's discretion - Place of Performance: - City of Redwood City, 1017 Middlefield Road, Redwood City, CA 94063

Description

The City of Redwood City is seeking proposals from Municipal Advisors registered with the Municipal Securities Rulemaking Board to provide professional municipal advisory services. The services include identifying financing strategies such as citywide taxes, community facilities districts, and debt financing to support the City's future capital infrastructure needs. The contract term is three years with an option to extend for two additional one-year terms. The City aims to develop scenarios and options for City Council consideration regarding funding capital infrastructure needs.

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