Underwriter Services

The City of Chula Vista, California, is seeking a qualified vendor to provide comprehensive underwriter services for its upcoming financing transactions. The agency requires transaction planning and advisory support, which includes receiving ongoing information regarding market conditions, investor demand, and transaction timing considerations. The selected vendor will advise the City on the optimal timing, sizing, and structure of each financing. The scope of work covers document review and due diligence, requiring the vendor to review and comment on all financing documents such as preliminary and final official statements, resolutions, indentures or trust agreements, and escrow agreements. The vendor must participate in due diligence calls and meetings with the financing team, as well as assist in preparing materials and participating in presentations to rating agencies, investors, the city council, and other stakeholders. For the structuring, marketing, and sale phase, the vendor must develop and execute a financing strategy and a marketing plan designed to achieve the most favorable terms for the bonds. The agency also requires closing and post-sale support, including coordination with the financing team to complete all closing requirements and the provision of post-pricing analysis regarding order flow, investor participation, and pricing relative to benchmarks. For Community Facilities District and Assessment District specific requirements, the vendor must provide expertise in land-secured credit analysis, value-to-lien metrics, builder concentration considerations, and special tax or assessment methodology. The contract period will span one year, and the performance of all work will occur offsite. Eligibility is restricted to onshore US organizations only. Bidders must submit any questions regarding this opportunity no later than June 15, 2026. Responses must be submitted digitally via email or online, and the agency is currently looking for proposals to determine the budget.