Description
The Office of the Governor is seeking a financial advisor to provide services on an as-needed basis for the Texas Economic Development Bank programs. The advisor will assist with bond issuances, lending practices, portfolio management, and related activities. The contract will be for a primary term of approximately 12 months, with the option to renew for up to three additional 12-month periods. The contractor will be required to provide deliverables, including advice and assistance on matters related to bond issuances and lending practices. The contractor must also comply with federal and state laws, including those related to the use of federal funds.
Some key responsibilities of the contractor include:
• Determining the timing of bond offerings and the sizing of the bond issue
• Devising and recommending a plan for financing the bonds
• Participating in document preparation and providing assistance to bond counsel
• Preparing necessary information for rating agencies and assisting in presentations
• Advising the Bank on credit enhancements and assisting in related negotiations
• Assisting in the approval process for the Texas Bond Review Board and other state and federal agencies