Investment Banking/ Bond Underwriting Services

The Central Florida Tourism Oversight District (the "District") is requesting proposals from qualified firms to serve as senior or co-managing underwriter for the District's proposed issuance of Ad Valorem Tax Bonds, Series 2024, in an aggregate principal amount not-to-exceed $99,300,000. The proceeds of the new money Series 2024 Bonds will be used to finance various transportation improvements in Orange County, including Phase III of World Drive North, the replacement of two bridges on North Buena Vista Drive, interchange improvements at Buena Vista Drive and Western Way, widening of Western Way, and milling and resurfacing portions of Buena Vista Drive and World Drive. The District anticipates selecting one Senior Manager and up to three co-managers for the Series 2024 Bonds, but reserves the right to determine the final number of underwriters. The bid platform is available through PlanetBids, and the deadline for proposals is August 15, 2024.

The District has bid preferences for local vendors, veteran small businesses, and opportunity zone businesses on most solicitations. The registered vendor information will be shared, providing access to many other governmental bid opportunities across the state. While no incumbent vendors or current contractors are listed, the District has partnered with other governmental entities, indicating potential for additional work and collaboration. The total value of the contract is expected to be up to $99,300,000, though the District reserves the right to determine the final number of underwriters selected.