City of Albany Bond Senior Managing Underwriter/Placement Agent/Direct Purchaser Services

The City of Albany is seeking a Senior Managing Underwriter/Placement Agent/Direct Purchaser for bond services, with proposals due May 29, 2026.

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General
Open
RFP 2026-11
Jun 04, 2026 10:00 AM
May 22, 2026 10:00 AM
$16,000,000.00
Local
Contacts
Darius Shahinfar
24 Eagle Street, Albany, NY, USA

Robert Magee
24 Eagle Street, Albany, NY, USA
Description

The City of Albany is seeking a qualified contractor to provide Senior Managing Underwriter/Placement Agent/Direct Purchaser services. This RFP is for the issuance of approximately $16 million in revenue anticipation notes for cash flow borrowings, anticipated to be issued between June 25, 2026, and June 25, 2027. The contract period is expected to commence in June 2026 and terminate on December 31, 2027, with two one-year extension options at the City's discretion. Services may include recommendations for bond structure, participation in meetings, assistance with official statements, financial evaluation, underwriting, placement, transaction management, and post-closing support. Proposals are due by May 29, 2026, at 10:00 AM.

Classification Codes
NAICS523150Investment Banking and Securities Intermediation
PSCR710Financial Services (includes credit card services and any other financial services. See revision to description for code R703 above)
Smart Codes
underwriting servicesbond placementfinancial advisory
Timeline
May 22, 2026 12:00 AM-Posting Date
May 29, 2026 10:00 AM-Proposals Due Date