Sound Transit Biddingo #RP 0115-26

Sound Transit Solicits Debt Financial Advisory Services for Capital Projects

Sound Transit, the Central Puget Sound Regional Transit Authority, is seeking proposals for comprehensive debt financial advisory services to support its capital project financing and debt management needs. - Government Buyer: - Sound Transit (Central Puget Sound Regional Transit Authority) - Office: Contracts Analyst (Kiyomi Nuez) - Scope of Services: - Advise on issuance and ongoing management of debt obligations - Support capital project financing, including innovative strategies (e.g., TIFIA loans, Public-Private Partnerships) - Evaluate underwriters and assist with rating agency presentations - Develop debt service schedules and negotiate liquidity/credit support - Ensure post-issuance compliance and asset liability management - Contract Structure: - Three-year base contract, with up to three additional one-year option periods (potential total of six years) - Pricing: - Proposals must include fully burdened hourly rates for key advisory roles and cover various debt issuance types - Notable Requirements: - Compliance with Sound Transit's Small Business Program and Equal Employment Opportunity (EEO) documentation - Emphasis on non-discrimination and small business participation - OEMs and Vendors: - No specific OEMs or vendors are named in the solicitation - Unique Aspects: - Focus on innovative financing solutions and comprehensive advisory support for large-scale transit capital projects

Description

Sound Transit is seeking proposals from firms to provide debt financial advisory services for the issuance and ongoing management of the agency's debt obligations. The services include advising on all aspects of proposed capital project financing and developing innovative funding solutions to achieve advantageous financing terms. The contract term is three years with an option to extend for three additional one-year terms. A pre-proposal virtual meeting is scheduled to discuss the RFP, selection process, scope of work, and contract terms.

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