Request for Underwriter Proposals

The Request for Underwriter Proposals (“RFP”) is for Phase III of the JSCB’s Four Hundred Million Dollar ($400,000,000) school renovation program. This RFP has been organized to assist the JSCB in reviewing the capabilities and/or experience of each respondent in areas such as: understanding of New York State school district building aid formulas and procedures; the application of maximum cost allowances to the School District’s facilities; the sale and distribution of tax-exempt securities; financing through industrial development agencies and Local Development Corporations; financing through the New York State Municipal Bond Bank Agency (“MBBA”); financing with Certificates of Participation (“COP’s”); the abilities and the creativity of the professional staff, and capital sufficiency of the firm. 

The JSCB expects one or more firms will comprise the Underwriting Team. The JSCB reserves the right to designate more than one senior underwriter if several bond issues are sold.