Project Information

Bid Title

Municipal Advisory and Investment Advisory Services

Issuing Agency

City of Lawrence

Location

Kansas

Published Date

Mar 3, 2026

Closing Date

Apr 21, 2026

Government Level

State & Local

Status

Closed

Original Source

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Bid Documents

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Project Description

Project ID:

Title: Municipal Advisory and Investment Advisory Services

Addenda: 0

Release Date: 3/3/2026

Due Date: 4/21/2026

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Municipal Advisory and Investment Advisory Services

Request For Proposal

Finance

91849 , 91858 , 94630 , 94648 , 94649 ... show all

Project ID: RFP-2600018

Release Date: Tuesday, March 3, 2026

· Due Date: Tuesday, April 21, 2026 3:30pm

Posted Tuesday, March 3, 2026 5:12pm

All dates & times in Central Time

Draft Response No Bid48 days, 18 hours, 34 minutes

Post Information

Posted At:Tue, Mar 3, 2026 5:12 PM
Sealed Bid Process:Yes (Bids Sealed / Pricing Sealed)
Private Bid:No

Overview

Summary

The City is seeking the services of a qualified Municipal Advisor to provide municipal advisory services including but not limited to evaluating bond markets, debt management, maintaining credit ratings, modeling funding for large construction projects, long-term strategic financial planning, and managing bond issuance for the City. The City is also seeking an Investment Manager that will provide investment management services for its funds. Services will include analyzing and advising the City Manager, Finance Director, and/ or the City Commission regarding investment strategy, reallocation of assets, investment performance, customizing benchmarks to assess fund performance, establishing strategic asset allocation, developing investment policies, and adherence to Kansas Statutes on investment of public funds. Respondents may submit proposals for Municipal Advisory services, Investment Advisory services, or for both service categories.

Selection Process

The contract shall be awarded in whole or in part to the proposer who made the most responsive and responsible offer or to the proposer whose proposal is determined to be the most advantageous to the City taking into consideration all the evaluation factors set forth in this document. No other factors or criteria shall be used in the evaluation.

The City shall have absolute discretion in determining the applicability and weight or relative weight of some or all the criteria listed above and is not required to select the lowest monetary proposer.

Oral interviews may be arranged at the discretion of the evaluation team to assist in making the final selection.

If negotiations with the most qualified proposer are unsuccessful for any reason, the City will terminate negotiations formally and in writing with such firm and proceed to negotiate with the next most qualified firm until an agreement is reached.

Background

Section 1. The City of Lawrence expects to have under consideration from time to time the authorization and issuance of indebtedness in amounts and forms which cannot presently be determined and, in connection with the authorization, sale, issuance and delivery of such indebtedness, the City desires to retain a Financial Advisor.

Section 2. The City desires to obtain the professional services of Advisor to advise the City regarding the execution, issuance and sale of certain evidences of indebtedness or debt obligations that may be authorized and issued or otherwise created or assumed by the City (hereinafter referred to collectively as the "Issuer Obligations") from time to time during the period in which this Contract shall be effective.

Section 3. Advisor represents and warrants to City that Advisor has the professional licenses, certificates, knowledge, expertise and experience to provide the services set forth in this Contract. Advisor is willing to provide its professional services and facilities as Financial Advisor in connection with all programs of financing as may be considered and authorized by City during the period in which this Contract shall be effective.

Section 4. The City desires to obtain the professional services of Advisor to advise the City regarding the investment of City financial resources including but not limited to portfolio management, safety and security of principal investment, appropriate liquidity of funds, improvement of investment capabilities, operational efficiency and information regarding the portfolio and maximize incremental returns on idle balances from time to time during the period in which this Contract shall be effective.

Timeline

Issue Date:

March 3, 2026

Questions Deadline:

March 30, 2026, 12:00pm

Closing Date:

April 21, 2026, 3:30pm

Commodity Codes

• NAICS 523930Investment Advice
• NAICS 541611Administrative Management and General Management Consulting Services
• NAICS 541618Other Management Consulting Services

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