Opportunity

Guilford County NC MUNIS #20144

Award of Financial Advisory Services Contract to Davenport & Company, LLC

Posted

April 07, 2023

Respond By

April 28, 2023

Identifier

20144

NAICS

523930

Guilford County has awarded a contract for comprehensive financial advisory services to Davenport & Company, LLC. - Government Buyer: - Guilford County Purchasing Department, Greene Street Building, Basement-Suite 072, Greensboro, NC - Awarded Vendor: - Davenport & Company, LLC - Services Requested: - Comprehensive financial advisory services for debt issuance, modeling, transaction management, alternative financing solutions, and capital planning - Includes structuring, marketing, selling, and underwriting of debt - Management of bond financing processes and analysis of capital structure - Assistance with rating agency presentations and ongoing advisory for county debt instruments - Notable Requirements: - Prior experience with North Carolina local government debt advisory - Aspirational Minority and Women Business Enterprise (MWBE) participation goal of 15% - Compliance with E-Verify requirements - Electronic proposal submission - Contract Details: - Initial term of two years, with options to renew for up to six years total - Estimated contract value: $170,000 - No specific product part numbers or purchase quantities, as this is a professional services contract - NIGP codes: 91849, 94633, 94648-49, 95839

Description

Guilford County Purchasing Department is soliciting proposals from qualified firms to provide financial advisory services related to debt issuance, modeling, transaction management, alternative financing solutions, capital planning, and tax status of issues. The services include advising on structuring, marketing, selling, and underwriting of debt, managing bond financing processes, preparing rating agency presentations, and monitoring outstanding debt portfolios. The contract term is initially two years with options to renew for up to six years. The County encourages minority and women business enterprise participation with an aspirational goal of 15%.

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