Financial Advisor Services

The government authority in Laredo, Texas seeks a vendor to serve as its primary financial advisor. The selected firm will provide ongoing advisory and strategic services, including assisting in the development of debt policies—such as debt limits, debt service coverage ratios, reserve funds, and arbitrage matters—as requested. The advisor will continuously monitor outstanding debt and prevailing market conditions to recommend refunding or refinancing opportunities that could produce cost savings.

The scope also includes advising and assisting with preparations and presentations to bond rating agencies to secure or maintain high credit ratings, supporting compliance with continuing disclosure requirements, and monitoring ongoing regulatory compliance. In instances involving new debt issuance, the advisor will offer guidance on the sale of bonds approved by taxpayers, maintenance tax notes, or certificates of obligation. Responsibilities will include preparing bidding forms, administering the sale, determining the optimal timing and structure for issuance, analyzing market conditions, and reporting on bond reception and pricing performance relative to market benchmarks. The contract will span a two-year period.