Municipal Advisory and Investment Advisory Services

The City is seeking the services of a qualified Municipal Advisor to provide municipal advisory services including but not limited to evaluating bond markets, debt management, maintaining credit ratings, modeling funding for large construction projects, long-term strategic financial planning, and managing bond issuance for the City. The City is also seeking an Investment Manager that will provide investment management services for its funds. Services will include analyzing and advising the City Manager, Finance Director, and/ or the City Commission regarding investment strategy, reallocation of assets, investment performance, customizing benchmarks to assess fund performance, establishing strategic asset allocation, developing investment policies, and adherence to Kansas Statutes on investment of public funds. Respondents may submit proposals for Municipal Advisory services, Investment Advisory services, or for both service categories.

Selection Process

The contract shall be awarded in whole or in part to the proposer who made the most responsive and responsible offer or to the proposer whose proposal is determined to be the most advantageous to the City taking into consideration all the evaluation factors set forth in this document. No other factors or criteria shall be used in the evaluation.

Oral interviews may be arranged at the discretion of the evaluation team to assist in making the final selection.

If negotiations with the most qualified proposer are unsuccessful for any reason, the City will terminate negotiations formally and in writing with such firm and proceed to negotiate with the next most qualified firm until an agreement is reached.

Section 1. The City of Lawrence expects to have under consideration from time to time the authorization and issuance of indebtedness in amounts and forms which cannot presently be determined and, in connection with the authorization, sale, issuance and delivery of such indebtedness, the City desires to retain a Financial Advisor.

Section 2. The City desires to obtain the professional services of Advisor to advise the City regarding the execution, issuance and sale of certain evidences of indebtedness or debt obligations that may be authorized and issued or otherwise created or assumed by the City (hereinafter referred to collectively as the "Issuer Obligations") from time to time during the period in which this Contract shall be effective.

Section 3. Advisor represents and warrants to City that Advisor has the professional licenses, certificates, knowledge, expertise and experience to provide the services set forth in this Contract. Advisor is willing to provide its professional services and facilities as Financial Advisor in connection with all programs of financing as may be considered and authorized by City during the period in which this Contract shall be effective.

Section 4. The City desires to obtain the professional services of Advisor to advise the City regarding the investment of City financial resources including but not limited to portfolio management, safety and security of principal investment, appropriate liquidity of funds, improvement of investment capabilities, operational efficiency and information regarding the portfolio and maximize incremental returns on idle balances from time to time during the period in which this Contract shall be effective.