Agency: City of Lancaster
Contact: Laura Norman ( mailto:bidinquiries@cityoflancasterca.org )
Phone: 661.723.5845
Deadline: 11/13/2023
More: RFP Detail Online

The City is seeking the following financial services for a contract term of three years, which may be exercised at the City’s discretion. The City intends to select at least one firm and may choose additional firms depending on the responses to the RFP. Requested financial advisory services may include, but are not limited to, assisting the City to:
• Provide as-needed financial advice regarding market conditions and trends, financial products, credit and credit analysis, third-party alternative financing, and special facility financing.
• Review the City’s long-range financing strategy, particularly with respect to its capital improvement program.
• Assist City staff with potential refunds and new money issues, including but not limited to analyses and evaluations of underwriter proposals, financing structure, pricing, rating and insurance proposals, reserve fund (re)investment, assistance with preparation and review of related documents, and coordination of the financing team and schedules.
• Review the City’s existing Debt Policy, establishing the principles, controls, and guidelines for the issuance and management of City debt.
• Participate in rating agency presentations.
• Assist with preparing a Request for Proposals and serve on an evaluation committee for selecting underwriting firms and Bond Council for the City’s potential refunding and new money issues.
• Assist with preparing presentations to the City Council/Agency Board; attend Council/Board meetings as needed.
• Attend meetings with the Finance Director and City Manager’s staff as needed.
• Provide other financial services as requested.