Investment Banking Services for the State Revolving Fund (SRF) Program

The Iowa Finance Authority seeks investment‑banking firms to act as senior‑manager and/or co‑manager underwriters for its State Revolving Fund (SRF) bond issuances. The contract will run for up to four years (possible two‑year extensions) beginning November 1 2026, with firms required to submit separate technical and cost proposals. Respondents may propose as senior manager, co‑manager, or both, and must meet certification and amendment‑resubmission requirements. No prerequisite or commodity code is listed; the award is expected in early November 2026. • Scope: Design, market, and underwrite SRF bonds; provide financing structures, rating‑agency liaison, investor roadshows, and post‑sale analysis. • Deliverables: Separate technical proposal (experience, personnel, past SRF work) and cost proposal; optional supplemental answers for co‑manager only proposals. • Evaluation: Weighted criteria on experience (30%), SRF expertise (25%), distribution network (25%), and capital commitment (20%).