Financial Advisor and Consulting Services

The City of Tucson has entered into a contract with Piper Sandler & Co. for financial advisor and consulting services. The contract includes a fee schedule for various types of bonds and financings, as well as hourly fees for other financial advisory services. The contract also outlines the terms and conditions of the agreement, including the scope of work, compensation, and termination provisions. The contract is governed by the laws of the State of Arizona and is subject to the City's procurement code. Key aspects of the contract include: • The contract is for a term of one year, with the option to renew for an additional four years. • The City will pay the contractor according to the fee schedule outlined in the contract. • The contractor will provide financial advisory services to the City, including consulting on bond issuances and other financings. • The contract includes provisions for travel expenses, insurance, and indemnification. • The City may terminate the contract at any time, with or without cause, upon 30 days' written notice to the contractor.