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This Solicitation opportunity from New York was posted on January 15, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

Request for Proposals: Financial Underwriting Services

Closed
2117706State & Local

Contract Overview

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The Long Island Power Authority is seeking proposals from qualified firms to act as Underwriters for a five-year contract, with a project scope valued between $500,000 and $2,000,000. Interested proposers must submit separate technical and cost proposals electronically by February 10, 2025, at 3 p.m. ET. All communication regarding the RFP will be managed through Bonfire’s website, where all relevant information and updates will be posted, and questions must be submitted as specified. Maria Gomes, the Director of Procurement, is the designated primary contact, and proposers are restricted from contacting Authority staff or board members directly during the process to avoid disqualification. The contract covers services in Nassau, Queens, and Suffolk counties in New York, and the Authority encourages participation from minority-owned, women-owned, and service-disabled veteran-owned businesses, with specific subcontracting goals set at 15%, 15%, and 6%, respectively. The solicitation emphasizes transparency and equal access to information, with a focus on firms experienced in financial underwriting services, particularly those with prior similar contracts, including notable financial institutions.

General Info

Agency

New York → Long Island Power Authority

Place of Performance

NY, USA

Set-Aside

NONE

Documents

0

No documents available

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Timeline

PhaseClosed
Posted

Solicitation

Response Deadline

Deadline has passed

Submission Closed

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Organization & Contact Information

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AgencyNew York → Long Island Power Authority
Contacts1 person available
OfficeN/A
Organization / Agency
New York → Long Island Power Authority
Office AddressN/A
Contacts
Maria GomesDirector of Procurement

Full Description

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January 14, 2025  To All Interested Proposers:  The Long Island Power Authority (the “Authority”) is soliciting proposals from firms to serve as Underwriters. The Request for Proposals (RFP) is available for your reference on Bonfire’s web site at https://lipower.bonfirehub.com.   It is requested that no later than February 10, 2025, by 3 p.m. ET, each proposer submits electronic copies of their proposal technical and cost proposals in separate files.  To facilitate communications between the Authority and Proposers and to ensure that all Proposers have access to the same information, all information concerning this RFP will be posted on Bonfire’s website at https://lipower.bonfirehub.com. All questions regarding this RFP must be submitted as set forth in the RFP. The Authority will post questions and responses on the RFP website.  Maria Gomes will serve as the primary point of contact for this RFP. Except as otherwise stated in the RFP, no other contact with Authority Board members, staff, or consultants regarding this RFP will be allowed during the RFP process. Violation of this requirement may be grounds for disqualification from the RFP process.  We look forward to your interest and participation in this RFP.                   Sincerely,   Maria Gomes Director of Procurement Service-Disabled Veteran-Owned Set Aside: No Minority Owned Sub-Contracting Goal: 15% Women Owned Sub-Contracting Goal: 15% Service-Disabled Veteran-Owned Business Contracting Goal: 6% Due date:02/10/2025 3:00 PM Contract term: 5 year County(ies): Nassau, Queens, Suffolk Business entities awarded an identical or substantially similar procurement contract within the past five years: Barclays Capital Inc. Citigroup Global Markets Inc. Goldman Sachs & Co. J.P. Morgan Securities, LLC UBS Financial Services, Inc. BofA Securities, Inc. Morgan Stanley & Co. LLC Ramirez & Co., Inc. - MBE RBC Capital Markets, LLC Siebert Williams Shank & Co, LLC - MBE Wells Fargo Bank NA Loop Capital Markets LLC - MBE TD Securities (USA) LLC  

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