Financial Advisor Professional Services

Summary (Newest Update)

Background Central Arkansas Water (CAW) is the largest water supplier in Arkansas, serving approximately 500,000 residents and over 158,000 metered connections across several counties. The agency plays a critical role in public health and economic stability. CAW is seeking qualified professional firms with substantial investment banking and financial advisory experience to assist with upcoming debt issues and ongoing financial management. Work Details The selected firm will provide comprehensive financial advisory services, including: - Advising on bond structuring, market conditions, timing of sales, and managing all aspects of debt issuance transactions. - Preparing timetables for each issuance. - Coordinating efforts of other bond service providers. - Advising on short-term financing options. - Assisting in obtaining optimal bond ratings. - Recommending methods of sale (competitive vs. negotiated). - Managing processes for preparing official statements and other disclosure documents. - Facilitating the sale and marketing of CAW’s debt. - Evaluating refinancing options. - Assisting in investing bond funds according to CAW's investment policy. Respondents must provide examples of previous clients for whom similar services were rendered. Period of Performance The contract will commence upon award and will continue as needed based on CAW's projects and requirements. Specific timelines for individual tasks will be established as projects arise. Place of Performance Services will primarily be performed at Central Arkansas Water's offices located at 425 W. Capitol Avenue, Little Rock, AR 72201. Bidder Requirements Respondents must demonstrate significant experience with Water Revenue Bonds, provide three client references, maintain at least $5 million in professional liability insurance, and comply with various legal certifications including non-discrimination clauses and certifications regarding boycotts against Israel or certain industries. Additionally, any subcontractors must be listed in the response.