Municipal Advisory Services

Lincoln County, Oregon is seeking municipal advisory services through a Request for Proposal (RFP) for professional services related to the planning and authorization of a bond sale for the Lincoln County Commons Project. The procurement aims to secure a consultant who will provide comprehensive support for the bond issuance process, including advising on the preferred method of selling bonds in 2024/25 to fund a planned construction project. Key deliverables include coordinating all elements of the bond sale, estimating fund and bond size, and providing expert guidance on structuring, pricing, sale, and servicing of the bonds. The RFP mandates that proposals must be submitted by 5:00 pm on November 22, 2024, with the County anticipating consultant selection by January 22, 2025. Evaluation criteria will likely focus on the consultant's expertise, proposed approach, understanding of municipal bond markets, and ability to maximize financial benefits for the County. The selected municipal advisory firm will be responsible for navigating the entire bond issuance process from inception to closing, ensuring optimal financial strategies for the County's infrastructure project.

While the RFP does not explicitly outline specific set-aside designations or restrictions for respondents, it is typical for municipal procurements to encourage participation from diverse vendors, potentially including small businesses or local firms. The document does not mention incumbent vendors or specify integration requirements with existing infrastructure. No specific budget range or award value is disclosed in the available documentation, though the RFP indicates that any cost savings will accrue directly to Lincoln County, and the contract will include a not-to-exceed amount to be established during the selection process. Interested consultants must demonstrate significant experience in municipal bond advisory services, financial structuring, and public sector financing. Potential respondents are instructed to submit questions and proposals to boc@co.lincoln.or.us, indicating the County's preference for electronic communication throughout the procurement process.