Bond Underwriting Services

The government authority located in Los Angeles, California is seeking bond underwriting services in connection with the issuance of voter-approved general obligation bonds and other debt instruments. The agency requires these services to manage the pre-issuance, sale, distribution, and post-issuance phases of its debt portfolio. To solve these financing needs, the agency requires a partner to analyze pricing, manage investor demand, and execute bond sales. The scope of work covers pre-issuance services including pricing, buying, and selling new issue and refunding bonds, holding unsold bonds in inventory, and providing analysis on investor demand and distribution strategy. During the sale and distribution phase, the selected underwriter must commit capital consistent with their designated role, participate in pricing discussions, and market bonds to institutional, retail, and local investors. Post-issuance tasks include assisting with closing activities, providing detailed post-sale reports, and supporting the agency during subsequent audits or regulatory reviews. Eligible bidders must be onshore organizations based in the United States. The agency requires all performance of the work to take place offsite. Bidders must also provide a detailed explanation of their requested compensation within their proposals, as the agency is currently looking for proposals to establish the budget. The agency has scheduled a mandatory pre-bid meeting for June 4, 2026. Prospective bidders must submit all questions regarding this opportunity no later than June 9, 2026. The agency will evaluate proposals based on the requested underwriting capabilities and the detailed compensation explanations.