Project Overview

Solicitation
Type:

Request for Proposals (RFP)
 

Solicitation
Issue Date:

October 17, 2019
 

Deadline for
Proposals:

9:00 AM (Eastern), November 15, 2019
 

Submission
Location:

Electronic Submission - See RFP for details
 

Project
Duration:

Two-year base period with one-year extension options
 

Project
Summary:

The Metropolitan Washington Airports Authority (Airports Authority) is seeking to increase the participation of emerging underwriting firms on its financing teams. Emerging Underwriting Firms are defined as firms capable of performing underwriter services that have excess net capital for underwriting of at least $1 million but not more than $50 million for the issuance of its Airport System Revenue Bonds and Dulles Toll Road Revenue Bonds.

Pursuant to this Request for Proposals (RFP), the Airports Authority expects 1) to form an Emerging Underwriter Pool (Pool) from which syndicates will be selected for bond issuances during the term of the contract and 2) to select underwriter(s) from the Pool for syndicates for the 2020 bond transactions. Underwriters from this Pool selected to serve in the syndicates will work with syndicate members from the Airports Authority’s primary Underwriter Pool, management, the financial advisors and counsel on the Airports Authority’s bond transactions. Underwriters will be selected for a particular bond issue based on the experience and expertise of the firm and the type of bond and financing structure under consideration or rotational process. Such selection may be made with or without the issuance of a subsequent RFP with respect to the specific transaction or the need for interviews.

LDBE
Requirement:

None
 

Amendments
Issued:

None