The City of Orlando has awarded a contract to Estrada Hinojosa & Co., Inc. for investment banking services for 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 underwriting services to the City, and the contract is valued at an estimated $1. The scope of work includes assisting the City in attaining the lowest possible interest cost, presenting terms that are attractive to investors, and creating broad-based support for the City's bond offerings. The vendor has experience in providing municipal underwriting services and has participated in numerous bond issuances in the State of Florida.
Key points of the contract include:
• The contract term is five years, with the option for renewal.
• The vendor will provide underwriting services to the City.
• The contract is valued at an estimated $1.
• The scope of work includes assisting the City in attaining the lowest possible interest cost, presenting terms that are attractive to investors, and creating broad-based support for the City's bond offerings.
• The vendor has experience in providing municipal underwriting services and has participated in numerous bond issuances in the State of Florida.