The government authority in Galveston, Texas is seeking a vendor to provide comprehensive financial advisory services. The scope of work includes support with bond issuance, such as assistance with sizing, timing, structure, types of debt, and the method of sale for city debt issues. The advisor will evaluate innovative financing techniques and alternatives to traditional municipal bonds, coordinate bond sales, determine amortization schedules, and help select underwriters.

General advisory services will require ongoing assistance regarding debt financing decisions, identifying market conditions, monitoring rates, and recommending financing vehicles. The firm will also evaluate unsolicited proposals from investment banks and consultants, provide updates on relevant legislation at state and federal levels, and explore new funding sources for city capital needs, including options such as open market leasing or grants. The selected vendor will further provide support in fulfilling statutory reporting requirements. The contract period is anticipated to last three years.