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Santa Clara Valley Water District·California

Notice of Intention to Sell Securities

Closes 9/9/2026$5M – $20MInvitation for Bid
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Description

The Santa Clara Valley Water District is issuing an advance notice of an upcoming securities sale. Bids will be submitted electronically for three series of water system bonds and notes: the tax‑exempt Refunding Revenue Bonds (Series 2026A), the taxable Refunding Revenue Bonds (Series 2026B), and the taxable Revenue Notes (Series 2026C). Separate electronic bid windows are set for each series, with the earliest closing on August 25 2026 and the final closing on September 9 2026. Detailed Official Statements and Notices of Sale will be available via MuniOS and LSEG Data & Analytics, or directly from the district’s municipal advisor. The district reserves the right to adjust sale dates with notice. • Three bond/notes series total roughly $525 million in principal (≈ $274 M + $88 M + $163 M). • Electronic bids are accepted via PARITY®; 2026A bids close 7:45 am, 2026C bids close 8:15 am on Aug 25 2026; 2026B bids close 8:15 am on Sep 9 2026. • All supporting documents (Preliminary Official Statements, Official Notices of Sale) are accessed online or through the municipal advisor (Edmund Soong).

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Cathy Hoang

[email protected]

(408) 630-2619

Key dates

Opened
8/12/2026
Closes
9/9/2026

Last updated

Details

Type
Invitation for Bid
Industry
Financial Services
NAICS
523130
Solicitation №
VW0731

Budget estimate

$5,000,000 – $20,000,000

While the solicitation does not disclose a fee structure, the transaction involves the purchase of roughly $525 million in municipal bonds. A financial intermediary or broker typically earns a spread or commission ranging from 0.5% to 4% of the transaction value. Applying a conservative 0.5% yields about $2.6 million, while a higher‑end 4% could generate up to $21 million. Therefore, a reasonable earnings estimate for a successful bidder would fall between $5 million and $20 million, depending on the exact commission arrangement and market conditions.

AI estimate from the solicitation

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