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  5. ›RFP-Investment Banking and Underwriting Services-Addendum 1

Rhode Island Commerce Corporation·Rhode Island

RFP-Investment Banking and Underwriting Services-Addendum 1

Closes 10/16/2026$500k – $2MRequest for Proposal
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Description

The Rhode Island Commerce Corporation is seeking qualified firms to provide investment banking and underwriting services for the 2026 Airport Revenue Bonds issued by the Rhode Island Airport Corporation. The selected firm(s) will act as either the senior managing underwriter or a co‑manager, guiding the bond issuance process from structuring through placement. This engagement focuses exclusively on underwriting responsibilities; detailed deliverables are outlined in the primary RFP. • Role: Senior Managing Underwriter **or** Co‑Manager for Airport Revenue Bonds 2026 Series. • Services: Investment banking functions including bond structuring, pricing, marketing, and placement. • Expected Outcome: Successful issuance of the Airport Revenue Bonds on behalf of RI Airport Corporation.

Attached files

Contact

Neil Martin

(401) 278-9118

Key dates

Opened
10/1/2026
Closes
10/16/2026

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
523110
Solicitation №
RFP-2616ADD1

Budget estimate

$500,000 – $2,000,000

No fee schedule is disclosed. Typical bond underwriting fees range from 0.5% to 1% of the total bond issuance amount. Assuming a mid‑size airport revenue bond issue of roughly $100 million, the underwriting fee would likely fall between $500,000 and $1,000,000, with potential additional consulting fees pushing the high end toward $2 million.

AI estimate from the solicitation

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