Request for Proposal Financial Advisor

Request for Proposal Financial Advisor

Proposal No. P18/9975 10/09/2017

Pima County Community College District ("College") is seeking proposals from qualified firms for Financial Advisor Services.

The deadline for receipt of sealed proposals is: November 15, 2017 at 3:00 PM (Arizona Time). Sealed proposals must be received by this deadline at the following location:

Pima County Community College District Finance / Contracts & Purchasing 4905D East Broadway, Room D-232 Tucson, Arizona 85709-1420

Any proposal received after the date and time listed above will be returned and will not be considered.

Questions pertaining to this Request for Proposal ("RFP") must be communicated in writing and be received via email, listed below, by October 25, 2017 at 3:00 PM (Arizona Time). Questions shall include the specified Buyer's name and proposal number, a reference to the appropriate page and section number of the RFP. Questions and answers will be posted on the College's webpage listed below by November 1, 2017 at 5:00 PM (Arizona Time):

Jan Posz, C.P.M., Sr. Buyer do-bids-proposals@pima.edu

Copies of this RFP, questions and answers, and any related documents are available at:



Accommodations for People with Disabilities. If the vendor or any of the vendor's employees participating in this RFP need, or have questions about the College's accommodations for people with disabilities, please make arrangements with the specified College buyer, via email provided. Such requests should be made as early as possible to allow time to arrange the accommodation(s).

Mark Dworschak Director Contracts & Purchasing Pima County Community College District 4905 East Broadway, Room D-232 Tucson, Arizona 85709-1420

Rev. Jun.2017

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Section 1 Section 2 Section 3 Section 4 Section 5 Section 6

Section 7

Section 8

Table of Contents

Project Summary

Scope of Work

Proposal Preparation and Submittal

Selection and Contract Award

RFP Completion Checklist

Proposal Forms

Vendor Proposal Form Cost Proposal Form Exceptions Requested Form

Sample Agreement for Services

Attachment A ? General Terms and Conditions Attachment B ? Scope of Work; Deliverables Attachment C ? Compensation Attachment D ? Insurance Requirements

Certification Forms

Proposal No. P18/9975 10/09/2017

page 3 page 4 page 5 page 9 page 10 page 11

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Rev. Jun.2017

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Section 1 Project Summary

Proposal No. P18/9975 10/09/2017

1. Request for Proposal Summary The Pima County Community College District (District) is soliciting proposals from interested qualified professionals to enter into a contract for Financial Advisor Services (Advisor) and related analyses and services in support of the District's anticipated issuance of approximately $50 million in revenue bonds. The anticipated issuance is to support the District's Educational Master Plan and Facilities Master Plan. The services contemplated in this RFP are limited to those directly related to the anticipated revenue bond issuance (Issuance) and do not extend beyond those considerations. No contracts for unrelated financial advisor services will be awarded under this solicitation.

The objective of this Request for Proposal (RFP) is to award to a single vendor one contract effective through the funding of the anticipated revenue bond issuance. The District may elect to extend the contract under the same terms for no more than one (1) year beyond the contracted termination date where circumstances such as timing, final issuance size and similar factors related directly to the anticipated revenue bond issuance warrant such extension.

2. Entity Submitting RFP. The terms "vendor," "offeror," "firm," "consultant," "company," or "contractor" used in this RFP or any subsequent documents or communications related to this RFP are interchangeable and mean the entity submitting a proposal and seeking to enter into a contract for the goods and/or services requested in this RFP.

Rev. Jun.2017

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Section 2 Scope of Work

Proposal No. P18/9975 10/09/2017

The District is seeking assistance with the planning, development, issuance, and management of the anticipated sale and successful marketing of revenue bonds ("Issuance") initially valued at up to $50 million. The objective of this Request for Proposal (RFP) is to award to a single vendor one contract effective through the funding of the anticipated revenue bond issuance ("Issuance").

Advisor, at a minimum, shall:

1. Have continuously provided debt instrument financial advisory services for public entities (higher education, K-12 education and municipal) for the past five (5) years.

2. Have proven understanding and application of Federal and Arizona laws and regulations relating to public debt financing affecting the District.

3. Have key personnel assigned to work with the District.

4. Provide proof of registration with the Securities and Exchange Commission (SEC) and maintain registration for the term of this contract.

5. Provide all necessary technical resources, skills, and support services with effective management of these resources.

Advisor's duties shall include:

1. Devising and recommending to the District a plan of financing obligations to be issued, which plan shall include a maturity schedule, projected tax rates and other terms and conditions, as will result in the most advantageous terms to the District, consistent with a minimum effective interest rate.

2. Determining the timing of the offering and the size of the issue.

3. Participating in the document preparation and assisting bond counsel and underwriting services in the coordination of the offering.

4. Preparing such information, as necessary, for the rating of the entity and, upon the District's approval, assisting presentations to stakeholders while assisting the District in maintaining on-going relationships with credit rating agencies.

Rev. Jun.2017

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Proposal No. P18/9975 10/09/2017

5. Participating in Preliminary Official Statements (POS) and Official Statement (OS) assemblage, preparation and delivery of a "camera-ready" or other indicated format to the printer.

6. Advising the District concerning the need for credit enhancement and assisting in the negotiations in connection therewith.

7. Assisting in the approval process of the bond issue by the Governing Board and any other entity necessary to the issuance of the bonds or debt obligation.

8. Coordinating closing events; including but not limited to signature details, pre-closing formalities, wire-transfer of fund, communications with State or other officials, preparation of final financial results including debt service schedules (recap of bond sale) and review of closing documents; and a final report to the Governing Board.

9. Assisting the District in all matters relating to compliance with related laws and regulations; including coordination of all activities necessary to comply with continuing disclosure requirements or any other applicable laws or rules, and services; and testify in litigation as required.

10. Answering questions and requests for additional information from prospective investors. 11. Evaluation of any proposals submitted for the purchase of bonds.

12. Assisting the District with respect to the investment of bond proceeds, if necessary, and recommending an entity to calculate arbitrage earnings.

13. Assisting the District in providing information to various legislators and other state and federal agencies.

14. Advising the staff of the District, community and the Governing Board of ongoing developments in the bond industry as they affect the District.

15. Soliciting pricing quotes for and paying for, on behalf of the District, fees associated with the printing of bond offering documents, ratings, trustee and paying agent fees and related services when necessary.

16. Monitoring fees and expenses incurred in connection with the issuance of the bonds.

17. Maintain records of debt service on all outstanding obligations related to the Issuance.

18. All other matters necessary or incidental to this Issuance normally and customarily performed by a Financial Advisor not specifically mentioned above.

Rev. Jun.2017

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