Government Contract | Massachusetts
MASSDOT INVESTMENT BANKING SERVICES

Bid Information


Bid Alert No: 00000596511

Bid Title: MASSDOT INVESTMENT BANKING SERVICES

Agency Bid No. Title: BD-16-1030-0P100-0P072-00000008768

Received Date: 06/14/2016

Close Date: 07/25/2016

Purchase Type: Not Stated

Delivery Point:

Delivery Date: Not Stated

Special Notices: Brand Name or Equal

Specifications

Specifications include, but are not limited to:The Massachusetts Department of Transportation (MassDOT) Office of the Chief Financial Officer requests responses from qualified underwriting firms interested in providing investment banking services to MassDOT. Qualified firms may submit proposals to act as Senior Manager or Co-Manager. All Senior-Manager respondents will also be considered for Co-Manager.MassDOT currently holds $1.884 billion in outstanding debt[footnoteRef:1], which includes $1.014 billion in Metropolitan Highway System Revenue Bonds (Senior), $853.555 million in Metropolitan Highway System Revenue Bonds (Subordinated), and $16.250 million in Western Turnpike Revenue Bonds. [1: As of June 1, 2016, see Exhibit A]Bidders will be expected to provide general bond underwriting and investment banking services to MassDOT. MassDOT expects to select one or more underwriting firms pursuant to this Request for Responses (RFR or Solicitation) to provide a variety of investment banking services, including but not limited to underwriting and managing the sale of fixed and variable rate debt. Based on the responses to this RFR, MassDOT intends to select firms qualified to serve as Senior Manager, Co-Manager and members of the selling group (the Pool) for one or more transactions issued during the duration of the agreement. The selection of firms in the Pool will be determined by the specific strengths each firm offers to meet MassDOTs underwriting and financial needs. MassDOT reserves the right to review performance, mergers, dissolutions, sales or similar reorganizations and reassign firms in the Pool to new roles at any time during the duration of the agreement. MassDOT may also fill vacancies from firms in the Pool or from firms subsequently established and/or staffed with individuals or teams who have performed services for MassDOT after being selected pursuant to this Solicitation

Product Codes: 94630, 94625, 94656, 94638

Agency Information


Issuing Agency: Commonwealth of Massachusetts - Department of Transportation

State: Massachusetts

Agency Type: State and Local

Contact: Highway Division, 10 Park Plaza, Suite 6261, Boston, Massachusetts, 02116

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