Financial Advisory Services

The City of Mesa entered into a three‑year, fixed‑price contract for comprehensive municipal financial advisory services. The awardee, Hilltop Securities (First Southwest), will provide pre‑issuance financing strategy, bond issuance coordination, pricing oversight, post‑issuance compliance, and ongoing advisory support for the City’s debt financing activities. The contract runs from Jan 1 2023 to Dec 31 2025 with an annual value of $400,000 and potential extensions of up to two additional years. Evaluation weighted qualifications (350), approach (400), and price (250). The procurement was conducted via an RFP, with electronic submission through the City’s vendor portal, and the award was announced via Notice of Intent to Award (Dec 8 2022) and Notice of Award (Dec 15 2022). • Scope includes debt‑issuance strategy, pricing, coordination with bond counsel, rating agencies, and post‑issuance reporting. • Fixed‑price $400K per year; three‑year term with possible two‑year renewal. • Awarded through full and open competition; vendor must hold SEC municipal‑advisor registration and MSRB compliance.