Underwriting Services

The Redevelopment Agency of Salt Lake, Utah, is seeking underwriting services to support the issuance of public offerings and private placements of tax differential revenue bonds and special assessment bonds. The agency needs to develop a comprehensive marketing and pricing plan for bonds secured by special assessment, levies, and tax increment funds. The primary objective of this initiative is to achieve the lowest cost of capital, secure the greatest long-term financial benefits, and maximize leverage for the agency and its project areas. The selected underwriter must coordinate the underwriting team, manage the transaction schedule, and lead the marketing plan, including digital roadshows and investor calls. The scope of work requires generating proposed bond structures, running parity and cash flow models, and providing a breakout of proposed fees and liability allocations. Additionally, the underwriter must provide real-time pricing tracking, execute the definitive bond purchase agreement, and maintain updated cash flow models based on shifting market projections. Bidders must perform all work offsite and must be located onshore within the United States. The agency is issuing this solicitation to obtain proposal pricing, as a specific budget has not been disclosed. The resulting contract will cover a performance period of one year. Interested parties must submit all questions regarding this opportunity no later than June 17, 2026.