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Financial advisory services general instructions

August 25, 2014

Tenders are invited for Financial advisory services general instructions Gain an understanding of the Authority s existing and planned debt as well as all Authority policies related to debt and fund balance. Assist in the development of long-term strategic borrowing plans including debt financing and feasibility plans, terms of debt maturity and payment dates, alternative methods of financing, tax rate impact computations and other statistical information particular to the debt issuance at hand Coordinate all current and future short-term and long-term debt issuances with the Authority officials, bond counsel and credit rating agencies, including, but not limited to: o Review and recommend the structure and time of issuance. o Prepare recommended time schedules for all phases of each financing. o Maintain coordination with bond counsel to meet all legal requirements. Assist in drafting and reviewing relevant bond and note documents, including, but not limited to, a preliminary official statement, a final official statement, a notice of sale, a bid proposal form, and a supplemental resolution. Proofing of the Preliminary and Final Official Statements before distribution. Assist in preparation of materials or presentations, discussions and meetings or other communications with rating agencies, insurers, credit enhancers and investors. Coordinate printing and posting of preliminary and final official statements. Examine all bids to determine whether all bidding requirements have been met, perform a calculation of net interest cost and make a recommendation as to acceptance or rejection of bids. Coordinate the final closing and settlement to have proceeds wired directly into the Authority s account and the payment of any outstanding bond anticipation notes or callable bonds. Assist the Authority in securing or providing, Paying Agency services for bonds and notes. Attend occasional meetings with Authority officials, boards and committees and make presentations when requested. Perform its engagement and exercise its professional judgment solely to further the financial, management and operating interests of the Authority. Advise with respect to credit enhancements and call provisions, including present value savings/cost impact. Advise with respect to credit rating impact of budget decisions and financial position. Provide continuing services such as rendering advice and services on other financial matters.


Address : Birmingham-Jefferson Civic Center Authority, Attn: Wayne Averitt, CPA, Director of Finance, 2100 Richard Arrington Jr Blvd N, Birmingham, AL 35203.

Country :United States

Email :

Notice type : Tender Notice

Open date : 2014-09-05

Tender documents : T23569244.pdf

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Source: TendersInfo (India)

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