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  5. ›MUNICIPAL ADVISOR SERVICES FOR BOND FINANCING

City of Burbank·California

MUNICIPAL ADVISOR SERVICES FOR BOND FINANCING

Closes 11/16/2026$150k – $600kRequest for Proposal
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Description

The City of Burbank is seeking a qualified municipal financial advisory firm to guide the planning, structuring, issuance, and post‑issuance management of a $150 million lease‑revenue bond for its new Central Library and Civic Center project. The consultant will deliver a fixed‑fee, three‑year engagement that includes financing assessment, market analysis, credit and rating support, coordination with counsel and underwriters, preparation of disclosure documents, and ongoing advisory services after the bond closes. The work is performance‑based, with optional hourly services for any work beyond the defined scope. • Develop financing alternatives, debt‑service schedules, and recommendation reports for a $150 M bond. • Provide credit‑rating preparation, market timing, pricing guidance, and coordination with bond counsel, trustees, and underwriters. • Deliver a three‑year post‑issuance advisory support package covering covenant monitoring, reporting, and cash‑flow planning. • Submit a single fixed‑fee proposal (plus optional hourly rates for extra services) by 16 Nov 2026.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Cliff Chroust

[email protected]

(818) 238-5466

Key dates

Opened
10/16/2026
Questions due
11/2/2026
Closes
11/16/2026
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
541618
Solicitation №
FN-2026-002

Budget estimate

$150,000 – $600,000

The solicitation does not disclose a target fee. Based on industry benchmarks for municipal bond advisory (typically 0.15%–0.35% of bond volume plus overhead), a $150 M lease‑revenue bond would generate a fixed‑fee in the $225,000‑$525,000 range. Adding potential optional hourly work and a possible one‑year extension could raise the total to roughly $300k‑$650k over the three‑year base term.

AI estimate from the solicitation

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