Specifications include, but are not limited to: A. Advise and assist the State in the development, structure and timing of issuance of taxexempt bonds in accordance with applicable Federal and State laws, regulations, customs, and practices governing such issuance. B. Advise and assist the State in considering and structuring other modes of financing, including but not limited to refundings, taxable bonds, credit-enhancement, leased equipment financings, asset-backed financings, GARVEE bonds, pension obligation bonds, and private placements. C. Advise on the amount, timing, and nature of borrowings, as well as the credit structure, maturity schedule, call provisions and other items, as needed. D. Advise on the merits of competitive, negotiated or private placement of debt. E. Assist in the preparation of official statements, notices of sale (competitive offerings) and other appropriate information to prospective bond and note investors. F. Assist in preparing and presenting timely and adequate information on proposed financings and the State's finances and operations to the bond rating agencies and institutions providing credit enhancement. G. Evaluate the terms and recommendation of acceptance, rejection or renegotiation with respect to sale bids or final pricing as applicable. This includes confirmation of competitive bids, and verification reports in the case of refundings. H. Advise on such matters as bond registration, printing, investment of proceeds and other matters related to the settlement and delivery of the bonds or notes, as required. I. Assist with preparation of RFP/Qs and evaluation of proposals for the procurement of: Credit enhancements, including LOCs and bond insurance Reinvestment of proceeds Investment banking services Official Statement printing Competitive offerings Paying Agent or Trustee Escrow Agent, if required Verification Agent, if required Swap Pricing and Valuation Services, if required J. In the case of competitive offerings, assume responsibility for the following: Preparation and advertisement of Notice of Sale Preparation of Bid Form Advice as to manner of bid procedures Management of competitive bidding procedures
