Battery Park City Authority d/b/a Hugh L. Carey Battery Park City Authority (“BPCA”) is issuing this request for qualifications (“RFQ”) requesting statements of qualifications (“Qualification Statements”) for underwriting and investment banking services, as more particularly described in Exhibit A: Scope of Work (the “Work”) from qualified underwriting firms (“Respondents”) for a five-year period which will begin with the selection of the underwriter pool. Respondents must be registered with FINRA and/or the SEC, to pre qualify as eligible to serve as bond underwriters in connection with the issuance of revenue bonds by BPCA to finance its five-year capital improvement plan and/or to refund outstanding bonds (the “Proposed Bonds”). BPCA intends to establish a qualified pool of underwriters for senior manager and co-manager (“BPCA Qualified Underwriter List” or “BQUL”). BPCA will select from the BQUL firms to serve as senior or co-manager on future Proposed Bonds. Firms selected for the qualified pool for senior manager will automatically also qualify for the pool for co-manager. BPCA may terminate, amend, or extend the underwriter pool at any time prior to the end of the initial five-year period if it is determined to be in the best interest of BPCA. BPCA will evaluate responses to this RFQ based on the criteria set forth in Section VII and intends to develop and maintain a pool of firms qualified to provide senior and co-manager underwriting services for negotiated transactions. BPCA reserves the right to utilize any of the qualified firms in the capacity of co-senior manager on an issue-by-issue basis. This RFQ will not assure any chosen underwriter of selection for any transaction in any capacity. Selection for the BQUL provides nothing more than the possibility of being selected for participation in future transactions at BPCA’s sole discretion.
