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 Turnpike Authority of Kentucky (the “Authority” or “TAK”), is inviting proposals from prequalified firms for the professional services of senior managing underwriter for the issuance of bonds. Pursuant to KRS 45A.850, the Authority seeks to hire one (1) senior managing underwriter to
provide services to the Authority to complete selected financings by the Authority during Fiscal Year 2027. The engagement period will be for the fiscal year beginning July 1, 2026, and ending June 30, 2027 (“FY 2027”) with an option to renew on the same terms and conditions for one additional fiscal year at the discretion of OFM. The firm selection will be determined based upon the final rankings of this RFP.

The Transportation Cabinet’s 2026 Recommended Highway Plan is the vehicle through which major highway improvement projects scheduled for the upcoming biennium are submitted to the General Assembly for approval. The Plan contains many priority operational, maintenance, safety, pavement restoration, and bridge repair projects. The Transportation Cabinet’s Recommended Six-Year Road Plan to the 2026 General Assembly was based on expectations that $9.5 billion of traditional state and federal highway dollars will be available to address transportation needs throughout the Commonwealth through 2032.