The City of Orlando has awarded a contract to Samuel A. Ramirez & Co., Inc. for investment banking services related to bond issuances. The contract has a term of five years, starting from June 26, 2023, and ending on June 25, 2028. The vendor will provide comprehensive investment banking and underwriting services, including coordinating the city's successful bond transactions, assisting in the preparation of bond documents, and developing financing structures. The city's procurement department, led by Tara Urdininea, will oversee the contract. Key aspects of the contract include the vendor's experience in municipal banking, underwriting, sales, and trading, as well as its commitment to providing best-in-class service and execution. Some of the key services that the vendor will provide include:
• Coordinating the city's successful bond transactions
• Assisting in the preparation of bond documents
• Developing financing structures
• Providing marketing and pricing strategies
• Managing underwriting syndicate
• Providing post-pricing support
The contract is expected to have a significant impact on the city's ability to issue bonds and manage its debt obligations. The vendor's experience and expertise in municipal banking and underwriting will help the city to achieve its financing goals and objectives.