Opportunity
Guilford County NC MUNIS #20099
Guilford County Financial Advisory Services for Debt Management and Capital Planning
Posted
November 01, 2022
Respond By
November 10, 2022
Identifier
20099
NAICS
523930
Guilford County Purchasing Department in Greensboro, NC is seeking proposals for comprehensive financial advisory services to support the County's debt management and capital planning needs. - Government Buyer: - Guilford County Purchasing Department, Greene Street Building, Basement-Suite 072, Greensboro, NC - Scope of Services: - Debt modeling and analysis - Issuance and management of various debt instruments (e.g., General Obligation Bonds, Limited Obligation Bonds) - Transaction management and alternative financing solutions - Capital planning and ongoing consulting - Bond financing process management, capital structure analysis, debt portfolio monitoring, financing schedule preparation, legal document review, rating agency coordination, and negotiation assistance - Notable Requirements: - Provider must be registered as a Municipal Advisor with the SEC and comply with the Securities and Exchange Act of 1934 and Municipal Securities Rulemaking Board Rules - 10% Minority and Women Business Enterprise (MWBE) participation goal, with good faith effort documentation required - Insurance requirements: workers compensation, commercial general liability, business auto coverage, with Guilford County named as additional insured - Proposals must be submitted electronically via the County's Vendor Self Service system under NIGP codes 94648-49 and 95839 - No specific OEMs or vendors are named, as this is a service-based solicitation
Description
Guilford County Purchasing Department is soliciting proposals from qualified firms to provide financial advisory services associated with debt modeling, issuance, and other advisory services such as transaction management, alternative financing solutions, or capital planning. The contract will initially be for three years with an option to renew for two additional one-year periods, totaling up to five years. The County expects to issue various types of debt including General Obligation Bonds and Limited Obligations Bonds over the next five years. The selected provider will serve as the County's consultant on debt financing projects, provide independent financial advice, manage the bond financing process, and assist with rating agency strategies among other responsibilities.