Pre-Qualified Bond Underwriters

Palm Beach County is seeking proposals from qualified investment banking firms to establish a Pre-Qualified Bond Underwriters (P.Q.B.U.) pool. The selected underwriters will serve as senior managers and co-managers for the County's negotiated sale of tax-exempt and taxable municipal bonds and other financing transactions on a non-exclusive and as-needed basis. The County's goal is to select underwriters with expertise that will result in successful sales and obtain the lowest interest cost to the County. Key aspects of the job include: • Developing the structure and overall marketing strategy for bond transactions • Managing underwriting teams • Assisting in drafting preliminary and final official statements • Providing market analyses and advising on timing and development of marketing plans • Selling bonds • Preparing pricing books summarizing market conditions and orders. Proposers must have at least three consecutive years of experience in similar work and services, and must demonstrate national recognition as an underwriting firm.