Municipal Advisory Services for Bond Financing

The City of Burbank is seeking a municipal advisory firm for approximately $150 million in lease revenue bond financing, including transaction support and three years of post-issuance advisory services.

City of Burbank > Financial Services Department > Procurement Services Division


General
Open (bidding)
FN-2026-002
Nov 17, 2026 12:00 AM
Oct 17, 2026 12:00 AM
3 years base + 2 × 1 year options
Request for Proposal (RFP)
Local
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Original Solicitation Links
Contact
cchroust@burbankca.gov
+18182385466
301 East Olive Avenue, Burbank, CA, USA
Submission Instructions
Description

The City of Burbank is soliciting proposals from a qualified municipal advisory firm to support an anticipated approximately $150 million lease revenue bond issuance for its New Central Library and Civic Center Project. The scope includes financing assessment and alternatives, debt affordability analysis, financing structure and repayment recommendations, credit and market analysis, rating agency and investor preparation, coordination with bond counsel, underwriters, trustees, rating agencies, and other financing participants, review of financing and disclosure documents, bond sale and pricing support, closing assistance, meetings, presentations, and project management. The selected firm must also provide 36 months of post-issuance support after bond closing, including advice on debt-service obligations, bond covenant monitoring, continuing disclosure, debt-related reporting, investment of bond proceeds, cash-flow and expenditure planning, and arbitrage and rebate considerations. Proposals must include firm qualifications, at least three comparable municipal advisory engagements completed within the past five years, at least two for California public agencies, key personnel information and resumes, a technical approach and work plan, a mandatory fixed fee, hourly rates for additional services, and optional retainer pricing.

Classification Codes
NAICS523940Portfolio Management and Investment Advice
PSCR547STUDY/ACCOUNTING/FINANCIAL MGT
Smart Codes
municipal financial advisorybond issuance consultingdebt management advisory
Specifications
Service Only
Timeline
Oct 16, 2026-RFP Release
Nov 03, 2026 01:00 AM-Written Questions Due
Nov 6, 2026-Target Final Q&A/Addendum
Nov 16, 2026-Evaluation Period
Nov 17, 2026 12:00 AM-Proposal Due
Dec 7, 2026-Target Notice of Intent to Award
Requirements
Required
  • Commercial General Liability — $1,000,000.00
  • Automobile Liability — $1,000,000.00
  • Workers' Compensation
  • Employer's Liability — $1,000,000.00
  • Professional Liability or Errors and Omissions — $1,000,000.00
  • Cyber Liability — $2,000,000.00
Scored
  • Minimum 5 references
  • Within the last 5 years
  • Client point of contact required for each reference
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