About this opportunity
AI summaryThe City of Los Angeles City Administrative Officer is issuing a Request for Qualifications (RAMP ID No. 231690) to solicit Statements of Qualifications from qualified investment banking firms. The selected vendors will join or update their roles on the City's Existing Qualified List to provide offsite investment banking services for CAO-managed debt programs. These services encompass debt structuring, remarketing, and the underwriting and marketing of commercial paper, variable rate securities, and bonds, including general fund lease, wastewater system revenue, and land-secured financings. Eligibility is limited to USA onshore organizations. Applicants must submit electronic files and redacted copies of their Statements of Qualifications via email to [email protected] and upload the required forms to the RAMP website by November 20, 2026, at 2:00 p.m. PT. Technical assistance questions must be emailed by November 13, 2026, at 2:00 p.m. PT. Selected firms must comply with City insurance requirements, including general liability, professional liability, automobile liability, and workers' compensation coverage submitted electronically through KwikComply.
Buyer and opportunity details
- Client
- City Administrative Officer, City of Los Angeles
Scope of work
- Investment banking services for CAO-managed debt programs
- Debt structuring
- Marketing and underwriting of bonds, variable rate securities, and commercial paper
- Remarketing agent services for variable rate debt
- Underwriting for General Fund lease financings and land-secured financings
- Post-sale analysis of bond transactions
How proposals are evaluated
| Criterion | Weight / scoring |
|---|---|
| Quality and responsiveness of proposals | Not specified |
| Knowledge and experience with similar transactions | Not specified |
| References attesting to quality of past work experience | Not specified |
Minimum qualifications
- Qualified municipal bond investment banking firm
- Underwriting experience with municipal bond issuers in California and nationwide since January 2021
- Registration and submission of compliance documents on the RAMP website
Documents to include with your response
- Statement of Qualifications
- Redacted copy of Statement of Qualifications
- Attachment 1: Types of Financings
- Attachment 2: Required City Forms
- Attachment 4: Personnel Experience
- Attachment 5: Issuers inside of California since January 2021
- Attachment 6: Issuers outside of California since January 2021
- Equal Benefits Ordinance and First Source Hiring Ordinance Compliance Affidavit
- Form W-9
Key dates
- Date issued
- October 28, 2026
- Questions due
- November 13, 2026 at 2:00 p.m. (PT)
- Proposals due
- November 20, 2026 at 2:00 p.m. (PT)
How to submit
- Method
- Email and RAMP portal upload
- Instructions
- Email electronic file and redacted copy to the CAO debt management group, and upload required forms to the Regional Alliance Marketplace for Procurement website.
Contract details
- Term
- Qualified List in effect for five years with an expiration date of March 9, 2027, with possible four one-year extensions.
- Place of performance
- Los Angeles, CA and offsite
- Insurance and bonding
- Professional liability insurance in the amount of One Million Dollars ($1,000,000), Cyber Liability, General Liability, Automobile Liability, and Workers Compensation as required.