RFQs and RFP

The Office of Financial Management of the Finance and Administration Cabinet of the
Commonwealth of Kentucky (the “Cabinet”), on behalf of the Kentucky State Property and Buildings Commission (the “Commission” or “SPBC”), is requesting proposals from prequalified firms for the professional services of senior managing underwriter and financial advisor for the issuance of bonds during the period beginning July 1, 2025 through June 30, 2026.

Pursuant to KRS 45A.850, the Commission seeks to hire one (1) senior managing underwriter, one (1) national co-managing underwriter, and one (1) financial advisor to provide services to the Commission for bond issuances over a period of twelve (12) months. The firms chosen pursuant to this RFP will be contracted for a period of twelve (12) months to complete selected financings by the Commission for Fiscal Year 2026. OFM will have the option to extend the contracts of the senior managing underwriter, national co-managing underwriter and financial advisor, on the same terms and conditions, for an additional twelve (12) month period. The Commission may issue bonds on a negotiated or competitive sale basis. All firm selections will be determined based
upon final rankings of this RFP. Upon recommendation by the Executive Director of OFM and order of the Secretary of the Finance and Administration Cabinet, the managing underwriter role for a bond transaction may be reassigned to the top ranked Kentucky local co-managing underwriter firm pursuant to KRS 45A.850(4).