RFQs and RFP

The Office of Financial Management (“OFM”) of the Finance and Administration Cabinet of the Commonwealth of Kentucky (the “Cabinet”), on behalf of the Kentucky Infrastructure Authority (“KIA” or the “Authority”), is requesting proposals from prequalified firms for the professional services of senior managing underwriter to the Authority for the issuance of bonds during the period beginning July 1, 2025 through June 30, 2026, with an option to renew on the same terms and conditions for one additional fiscal year at the discretion of OFM and the Authority.

The firm engaged to perform senior managing underwriting services to the Authority for its leveraged revolving loan programs and governmental agencies programs will be working with the Authority, OFM, a financial advisor (if applicable), trustee, and a bond counsel firm which will be selected in similar fashion as the senior managing underwriting firm.  The engagement will include services related to the issuance of bonds in the leverage loan programs as well as any bonds issued for the Fund C program of the Authority.  The firm selected to perform these services for the Authority will not be considered as acting in a fiduciary capacity as would a financial advisor, however, the Authority and OFM expect that the senior managing underwriter will provide pertinent information and input regarding debt structuring, debt and program management, marketing, assisting with competitively bidding printing services for the printing of official statements, coordinating the sale and closing of  securities with the trustee, bond counsel, financial advisor and the Authority, serving with the financial advisor as a point of contact with the rating agencies and insurers (if applicable) and coordinating the  bond issuance process.  It is expected that senior managing underwriting services will also include consultation and planning sessions throughout the year outside of the bond issuance process.