Alaska Municipal Bond Bank Authority- RFP 2025-0400-0395- Financial Advisory Service
Closed State & local contract opportunity
- Solicitation number
- 2025-0400-0395
- State
- Alaska
- Responses due
Opportunity facts
- Jurisdiction
Opportunity details come from aws.state.ak.us. Updated .
About this opportunity
The Alaska Municipal Bond Bank Authority (AMBBA) has issued Request for Proposals (RFP) 2025-0400-0395 for Financial Advisory Services, seeking a "nationally recognized" financial advisory firm to provide comprehensive municipal advisory services related to bond issuance and loan programs. The selected vendor will be responsible for modeling and tracking the Bond Bank's debt portfolio, assisting in maintaining credit ratings, providing credit reviews and recommendations for loan requests, structuring bond issues, advising on bond sales, negotiating bond structures, and supporting various financial analysis and reporting functions. Proposals must be received by 3 PM Alaska Time on July 10, 2025, with submission via email to kristie.ely@alaska.gov, and potential bidders must verify receipt by calling 907-465-2313. The evaluation will be comprehensive, allocating 100 total points across four key areas: understanding of the project (10%), methodology (10%), management plan (10%), and experience and qualifications (20%), with contract cost accounting for the remaining 40%. The contract is anticipated to begin on August 1, 2025, with a firm fixed fee structure contingent upon bond issuances.
The RFP allows for potential preferences, including a 10% Alaska Offeror Preference and possible Alaska Bidder and Veteran Preferences. While no specific set-aside designations for disadvantaged enterprises are explicitly mentioned, the procurement allows for diverse bidder participation. The compensation structure includes per bond issuance fees that vary based on bond series size ($1-25 million, $25-50 million, and over $50 million), with direct out-of-pocket expenses also reimbursable. The AMBBA currently maintains strong credit ratings (AA/Aa3/AA-) and typically issues 2-3 bond series annually with average par issuance amounts of $40-60 million. The organization has a total debt limit of $2.5 billion, with $1.5 billion allocated for political subdivisions, $500 million for the University of Alaska, and $500 million for regional health organizations. As of February 2025, the Bond Bank had $831,375,000 in outstanding bonds, with potential for significant additional bond issuance under its existing authority.
Opportunity text
2 versions
Update #2 · Latest ·
ALASKA MUNICIPAL BOND BANK AUTHORITY REQUEST FOR PROPOSALS FINANCIAL ADVISORY SERVICE RFP 2025-0400-0395 ************************************************************************************************* Notice of Intent to Award issued July 18th, 2025 ************************************************************************************************* Issued June 18th, 2025 ************************************************************************************************* Purpose of the RFP: The Bond Bank is soliciting for a "nationally recognized" financial advisory firm to provide financial / municipal advisory services relating to the issuance of bonds and making loans of the Bond Bank. The work includes, but is not limited to, modeling and tracking the Bond Bank's full portfolio of debt, assisting in maintaining and improving the Bond Bank's credit ratings, providing written analyses including credit reviews and recommendations on approval for all loan requests and/or applications from authorized borrowers, providing any pre-structuring advice or estimates for authorized borrowers of the program, structuring authorized Bond Bank bond issues, recommendation for structuring of any direct loans, assisting in the drafting the Bond Bank's preliminary and official statements, advising on method of sale of bonds, negotiating the most advantageous structure of couponing and yield for the Bond Bank's bond sales, verifying bond pricings, providing a post-sale summary, providing an analysis of all borrower concentration and debt service requirements at time of issuance and year end close, and other special projects related to all resolutions and programs of the Bond Bank. ************************************************************************************************* Deadline for Receipt of Proposals: Proposals must be received no later than 3PM prevailing Alaska Time on Thursday, July 10, 2025. Emailed proposals must be sent to kristie.ely@alaska.gov. It is the responsibility of the proposer to phone the procurement officer at 907- 465-2313 to verify timely receipt of the proposal. Oral proposals are not acceptable. ************************************************************************************************* Please review the attached RFP and additional attachments for further details. If you have any questions, please reach out to the procurement specialist outlined below: Kristie Ely Procurement Officer kristie.ely@alaska.gov 907-465-2313
Update #1 ·
ALASKA MUNICIPAL BOND BANK AUTHORITY REQUEST FOR PROPOSALS FINANCIAL ADVISORY SERVICE RFP 2025-0400-0395 Issued June 18th, 2025 ************************************************************************************************* Purpose of the RFP: The Bond Bank is soliciting for a "nationally recognized" financial advisory firm to provide financial / municipal advisory services relating to the issuance of bonds and making loans of the Bond Bank. The work includes, but is not limited to, modeling and tracking the Bond Bank's full portfolio of debt, assisting in maintaining and improving the Bond Bank's credit ratings, providing written analyses including credit reviews and recommendations on approval for all loan requests and/or applications from authorized borrowers, providing any pre-structuring advice or estimates for authorized borrowers of the program, structuring authorized Bond Bank bond issues, recommendation for structuring of any direct loans, assisting in the drafting the Bond Bank's preliminary and official statements, advising on method of sale of bonds, negotiating the most advantageous structure of couponing and yield for the Bond Bank's bond sales, verifying bond pricings, providing a post-sale summary, providing an analysis of all borrower concentration and debt service requirements at time of issuance and year end close, and other special projects related to all resolutions and programs of the Bond Bank. ************************************************************************************************* Deadline for Receipt of Proposals: Proposals must be received no later than 3PM prevailing Alaska Time on Thursday, July 10, 2025. Emailed proposals must be sent to kristie.ely@alaska.gov. It is the responsibility of the proposer to phone the procurement officer at 907- 465-2313 to verify timely receipt of the proposal. Oral proposals are not acceptable. ************************************************************************************************* Please review the attached RFP and additional attachments for further details. If you have any questions, please reach out to the procurement specialist outlined below: Kristie Ely Procurement Officer kristie.ely@alaska.gov 907-465-2313
Files
On GovTribe
Work this opportunity
- Track it in your pipeline
- Similar opportunities
- Ask GovTribe AI about this opportunity