Investment Banking/Bond Underwriter Services
Closed State & local contract opportunity Posted
- Solicitation number
- RFP 26-010
- State
- Florida
- Responses due
Opportunity facts
- Jurisdictions
- NIGP codes
- UNSPSC codes
- 64101500 Time deposit accounts
- 64101501 Certificate of deposit CD
- 64101502 Simple savings account
- 64101702 Currency exchange application
- 64111802 Subscription right
- 64111804 Warrant
- 64111901 Principal protected structured financial product
- 84121806 Securities Custodial Services
- 64101602 Money market account
- 64101603 Simple checking account
Show all 31
- 64111902 Principal unprotected structured financial product
- 93151609 Lotteries services
- 84121800 Securities and commodities markets services
- 64000000 Financial Instruments, Products, Contracts and Agreements
- 64101600 Demand deposit accounts
- 64101601 Interest bearing checking account
- 64101701 Bill paying application
- 64101704 Over draft protection
- 64111801 Allotment or bonus right
- 64111903 Exchange traded fund ETF
- 64111904 Single structured product
- 64111906 Variable annuity
- 93151605 Government finance services
- 64100000 Bank offered products
- 64101700 Electronic fund transfer and payment products
- 64111800 Entitlements or rights
- 64111900 Structured financial products
- 64101703 Money transfer application
- 64111803 Purchase right
- 64111905 Over the rainbow structured product
- 84131614 Underwriting service
- Point of contact
-
- Cathy Scott cscott@fortmyers.gov (239) 321-7235
Opportunity details come from procurement.opengov.com. Updated .
About this opportunity
The City of Fort Myers is soliciting proposals for Investment Banking/Bond Underwriter Services through a Request for Proposals (RFP) aimed at establishing a diverse pool of qualified underwriting firms for municipal bond issues related to capital funding and debt refinancing. The procurement seeks firms capable of providing comprehensive investment services for structuring, marketing, and executing negotiated bond sales to support the City's financial needs. Proposals must be electronically submitted by January 13, 2026, at 2:00 p.m. through the City's OpenGov procurement portal, with a Selection Committee meeting scheduled for January 23, 2026, and City Council approval anticipated for February 2, 2026. Evaluation criteria will include firm qualifications (20 points), key personnel qualifications (20 points), marketing and distribution capabilities (25 points), and demonstrated knowledge and resources (35 points). Mandatory minimum qualifications require firms to hold necessary Florida business licenses, comply with SEC, FINRA, MSRB, and Florida regulations, demonstrate municipal capital markets experience, and have operated under their current company name for at least three consecutive years.
The City does not specify a specific set-aside for disadvantaged enterprises, though the RFP indicates an interest in creating a diverse pool of underwriters. Proposers must provide three Florida public client references from similar engagements within the past three years and demonstrate financial capacity to perform services. Insurance requirements include comprehensive general liability insurance of $1,000,000 per occurrence, professional liability insurance of $1,000,000, workers' compensation coverage, and commercial automobile liability insurance with combined single limits of $1,000,000. The resulting contract will have an initial three-year term with options for two additional one-year renewals, contingent on mutual consent. No specific award value or budget range is explicitly stated, as this is an on-call pool arrangement where compensation will vary based on individual bond issuance transactions. The City reserves the right to determine the number of underwriters in the pool and is not obligated to retain any specific firm for particular financing needs.
Opportunity text
The City of Fort Myers ("City") is soliciting proposals from qualified firms ("Proposers") interested in providing investment services for municipal bond issues related to the City's funding of capital needs and/or refinancing of its existing debt. Based upon the proposals received, the City will establish a pool of underwriters to provide services relating to the financing, refinancing, or restructuring of the City's debt during the term of the engagement. The City aims for the pool to be made up of a diverse group of qualified firms with a variety of strengths and proven ability to meet the City's specific financing needs.
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