RFP 4135 Financial Advisor and Underwriting Services
Closed State & local contract opportunity Posted
- Solicitation number
- 4135
- State
- Wisconsin
- Responses due
Opportunity facts
- Jurisdictions
- NIGP codes
- 20810 Accounting/Financial: Bookkeeping, Billing And Invoicing, Budgeting, Payroll, Taxes, Etc.
- 20911 Accounting/Financial: Bookkeeping, Billing And Invoicing, Budgeting, Payroll, Taxes, Etc.
- 946 Financial Services
- 94648 Financial Advisor
- 94649 Financial Services (Not Otherwise Classified)
- 94925 Financial And Accounting Service, Bonds
- 94926 Financial And Accounting Service, Notes And Loans
- 95839 Financial Management Services
- UNSPSC codes
- 43231600 Finance accounting and enterprise resource planning ERP software
- 43231605 Time accounting software
- 43231516 Audit software
- 64101602 Money market account
- 64101603 Simple checking account
- 64111902 Principal unprotected structured financial product
- 93151609 Lotteries services
- 43231602 Enterprise resource planning ERP software
- 84101502 Savings mobilization programs
- 64101500 Time deposit accounts
Show all 42
- 64111901 Principal protected structured financial product
- 64101501 Certificate of deposit CD
- 64101502 Simple savings account
- 64101702 Currency exchange application
- 64111802 Subscription right
- 64111804 Warrant
- 43231601 Accounting software
- 43231604 Financial analysis software
- 84101501 Financial assistance
- 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
- 84000000 Financial and Insurance Services
- 84100000 Development finance
- 43231603 Tax preparation software
- 43231607 Billing and invoicing software
- 84101503 Guarantee agreements
- 64100000 Bank offered products
- 64111800 Entitlements or rights
- 64101700 Electronic fund transfer and payment products
- 64111900 Structured financial products
- 64111803 Purchase right
- 64111905 Over the rainbow structured product
- 64101703 Money transfer application
- 84131614 Underwriting service
- Point of contact
-
- Dana Scheel bids@madison.k12.wi.us (608) 204-7819
Opportunity details come from vendornet.wi.gov. Updated .
About this opportunity
The Madison Metropolitan School District (MMSD) has issued Request for Proposal (RFP) 4135 seeking qualified financial advisory and underwriting services firms to assist with comprehensive debt management strategies. The district requires support for analyzing, structuring, issuing, and managing both existing and potential future debt obligations, with specific near-term needs including approximately $50 million in annual short-term cash flow borrowing and potential refinancing of existing general obligation debt. Potential new debt issues could reach up to $507 million beginning in 2025. Prospective vendors must submit detailed fee schedules in a "not to exceed" format for long-term and short-term debt across various dollar thresholds, with additional required services including referendum planning, defeasance consulting, budget forecasting, bond proceeds management, arbitrage reporting, and continuing disclosure reporting. The RFP specifies a January 10, 2025 potential vendor conference, with vendor questions due by January 3, 2025, and final proposals due January 27, 2025 at 2:00 PM CST. The contract term will run from award through June 30, 2030, with potential renewal options for two additional one-year periods upon mutual agreement.
The district has incorporated a 5% preference for diverse-owned businesses certified by the Wisconsin Supplier Diversity Program or participating in the Wisconsin Diversity Procurement Network, which provides a competitive advantage for qualifying firms. The incumbent vendor is PMA Securities, Inc., and the district serves approximately 25,500 students while maintaining an Aa1 bond rating. While specific budget ranges are not explicitly detailed, the scope of potential debt issuance suggests significant financial opportunities for the selected firm(s), with services required across multiple debt instruments and financial planning domains. The RFP indicates the district seeks a comprehensive financial partner capable of managing complex debt strategies and providing ongoing financial advisory support. Interested firms must demonstrate expertise in public sector financial management, debt issuance, and regulatory compliance specific to educational institution financial operations.
Opportunity text
The purpose of this Request for Proposal (RFP) is to obtain proposals from qualified firms interested in contracting with the Madison Metropolitan School District to provide financial services, including underwriting services if applicable. The firm(s) selected will assist the District in the analysis, structure, issuance, and management of debt.
Files
| File | Type | Posted |
|---|---|---|
| RFP 4135 Financial Advisor and Underwriting Services Final.docx | DOCX document |
On GovTribe
Work this opportunity
- Track it in your pipeline
- Similar opportunities
- Ask GovTribe AI about this opportunity