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Awarded contract·City of Independence, Missouri·Missouri

Sole Managing Underwriter

Won by Robert W. Baird & Company$30MSingle Award
Contract source

Awarded vendors

  • Robert W. Baird & Company

Description

The City of Independence, Missouri, is seeking a sole managing underwriter for a combination of refunding and new money transactions. The underwriter will be selected through a request for proposal (RFP) process. The RFP was issued on May 19, 2021, and proposals were due on June 4, 2021. The contract was awarded to Robert W. Baird & Company. Key aspects of the contract include: • The underwriter will be responsible for managing the transaction • The underwriter will be selected based on their experience and qualifications • The contract was awarded through a competitive RFP process • The City of Independence, Missouri, is the agency responsible for the contract • The contract is for a sole managing underwriter for a combination of refunding and new money transactions

Attached files

Key dates

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
523110
Solicitation №
21041

Contract value

$30,000,000

The contract value is not explicitly stated in the document. However, based on the fact that the contract is for a sole managing underwriter for a combination of refunding and new money transactions, it can be estimated that the contract value is likely to be in the millions of dollars. The exact value would depend on the specifics of the transaction, such as the amount of money being refinanced or raised. A rough estimate could be around $10 million to $50 million, but this is highly speculative and should be used with caution.

AI estimate from the award documents

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