ATTACHMENT_B_pdf.pdf

This is an Attachment B document supporting a Request for Proposal (RFP) #2025-182 issued by Mt. San Antonio College in Los Angeles County, California, for Bond Underwriter Services. The College seeks qualified municipal bond underwriting firms to provide comprehensive underwriting services for a $750 million voter-approved general obligation bond authorization, with the first bond issuance targeting $200 million in fixed-rate general obligation bonds. Required services include developing financing options, creating marketing plans, structuring and selling debt obligations, and providing ongoing financial advice. Firms must demonstrate specific experience with California Community College district bond financings since January 1, 2022. A mandatory pre-proposal meeting was held on June 6, 2025, with proposal submissions due by July 3, 2025. Potential interviews are scheduled for July 15, 2025, and the contract will commence September 1, 2025, with an initial one-year term. Evaluation will be conducted using a best-value procurement method, scoring proposals across five criteria: relevant experience and qualifications (30%), proposed team quality (25%), proposal clarity (20%), fee structure (15%), and references/past performance (10%).

The Professional Services Agreement template indicates a compensation structure where Mt. San Antonio College will pay the contractor a total amount not exceeding a specified dollar amount, with monthly invoicing permitted. Contractors must maintain commercial general liability and professional liability insurance with minimum $1 million per occurrence coverage limits. The solicitation does not explicitly indicate specific set-aside designations or restrictions for disadvantaged enterprises. Interest from major financial firms including Barclays, RBC Capital Markets, Cabrera Capital, Siebert, Piper Sandler, Loop Capital, and Isom Advisors indicates substantial market interest. While a specific budget range is not explicitly stated, the $750 million total bond authorization and initial $200 million bond issuance suggest significant potential contract value. The original document quality was poor, requiring best scanning and quality control practices during preparation.