RFP - Financial Advisor Services

Closed State & local contract opportunity Posted

Solicitation number
2026-011
State
Utah
Responses due

Opportunity facts

Jurisdiction

Opportunity details come from utah.bonfirehub.com. Updated .

About this opportunity

The City of South Jordan, Utah is issuing a Request for Proposal (RFP) to procure financial advisor services from independent registered financial firms. The procurement seeks proposals from qualified firms to provide comprehensive advisory services related to municipal bond issuances and various financing matters for City projects. Deliverables and services include preparation and presentation of information to rating agencies and bond insurance companies, bond issue structuring, review of official statements, coordination of bond issuance particulars, interface with bond counsel, and analysis of project financing impacts including cash flow projections and rate implications. The City anticipates issuing bonds within the next five years and is seeking firms with demonstrated expertise in municipal finance. Evaluation criteria are weighted as follows: layout and presentation (0-10 points), qualifications and expertise (0-40 points), work plan (0-20 points), past performance (0-20 points), and cost (0-10 points). Proposals must be submitted electronically through the State of Utah's Bonfire procurement website by April 17, 2026 at 12:00 PM Mountain Daylight Time, with all written inquiries due by April 10, 2026 at 12:00 PM MDT. The RFP indicates that the selection committee will consider prior experience in structuring Utah municipal financings, qualifications of assigned personnel, and proposed fee structures; however, award does not guarantee any purchases will occur.

The RFP document does not specify set-aside designations or restrictions limiting participation to particular categories of organizations such as disadvantaged enterprises or minority-owned businesses. No incumbent vendors or current contractors are identified in the available procurement materials. Proposers are required to provide a detailed fee schedule for all bond types, fees for services rendered if bonds are not ultimately issued, and anticipated reimbursable costs; however, the specific award value or budget range is not disclosed in the RFP summary. All proposals are subject to Utah's Government Records Access and Management Act (GRAMA), though proposers may submit claims of business confidentiality for sensitive information. The City reserves the right to reject any or all proposals, waive informalities at its discretion, and require oral presentations from shortlisted candidates before making final selection. Interested firms must register as vendors on the Bonfire website at https://utah.bonfirehub.com/ to access and submit proposals, with registration and related services provided free of charge.

Opportunity text

The City of South Jordan (City) is accepting proposals from independent registered financial firms to provide certain advisor services to the City, including but not limited to the preparation of supporting data, bond market information, assistance in obtaining bond ratings, and assistance in investor negotiations, regarding various City projects which may result from time to time in the issuance of bonds, notes, refunding bonds and/or use of other financial instruments. The City's financial advisor shall be prepared to provide certain services that will include, but not necessarily be limited to: • Preparation and presentation of information to rating agencies and bond insurance companies • Bond issue structuring • Review of official statements • Coordination of the particulars of issuing bonds • Interface with bond counsel • Assist the City in analyzing the financing impact of projects costs, cash flow projections, and rate implications See the Request for Proposal for more details. Interested firms are invited to submit a proposal by April 17, 2026 at 12:00 PM MDT. Proposals will be received until the closing date and time listed on Bonfire, the State of Utah's Procurement website. All proposals shall be submitted online at Bonfire. It is the sole responsibility of the BIDDER to submit the Bid before the scheduled time. Any questions regarding how to use the Bonfire program, including how to submit a bid, download and upload documents, etc. please contact support.bonfire@eunasolutions.com. To access the State of Utah's procurements online, you must register as a vendor on the BONFIRE website, https://utah.bonfirehub.com/ . If you require assistance during the registration process, you may contact support.bonfire@eunasolutions.com. Registration, email notifications, and electronic responses for all sourcing events (bids, RFPs, etc.) are free under the State of Utah contract with BONFIRE. Registration with the Utah Supplier Portal is limited to procurements conducted by the State of Utah and political subdivisions of the State of Utah. Go to this link for a vendor support article that covers vendor registration in detail: https://vendorsupport.gobonfire.com/hc/en-us/articles/15646869029783-Vendor-Registration. Please do not contact the City of South Jordan directly with questions. ALL QUESTIONS MUST BE ASKED THROUGH THE QUESTION AND ANSWER FUNCTION IN BONFIRE. The City does not provide Bidders lists or Planholders lists. The City reserves the right to award this bid in full or in part. All inquiries and responses must be made online via Bonfire. No paper proposals will be accepted. The City reserves the right to reject any proposal if the City believes that it would not be in the best interest of the project or the City. Without limitation, such rejection may be because the proposal is not responsive, or the bidder is unqualified or of doubtful ability or the Bid or Bidder fails to meet any other pertinent standard or criteria established by the City, as solely determined by City.

Files

File Type Posted
1-RFP Document Financial Advisor Services 2026.docx DOCX document

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