Reso 2020-3052 - Laserfiche WebLink

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i f it • Miem!•-!jade County:t'lorfdrm Coraract No.RFQOOOflt3 Appendix A Scope of Services 1. Background/Jntroduction . The County,es represented by the Miami-Dade Finance Decariment•,`FInance Departme:-#),isoonira!:ting to prJvkle financial advisor/ • services for revenue debt transactions and services for general obligation, special obEgation, pubttc health trust/general obligation; public health trust/sales tax, transit and sunshine state daM transacgons and services.These transactions will include issuance of bonds, notes, certificates, or other financing instruments, and on-going advisory serQices (;°Financial A31risory Services') for the County's General Segment. These services exc•,ude swaps or derivative products, as die County has retainer( a swap advisor to provide rmascial advisory services for all swap and derivative products. The County issued a separate Request for Quajiications for each of the three Financial Arfvlsory Services Segments:Wafer&Sewer Segment; General Segment; and Enterprise Segment This Contract is for the Gen f Se rent of the Coun . The General Segment klrrdes all fir,ancial advisory services for the County,other than kiaancial advisory ae'vfces for its peripheral agr;ti.aes,its Water&Sovior Segment and Enterprise(Aviation,Seaport,Public Works and Waste Management Departmeafs)Segments • 2. Limitattons • The foflowin•g items are lirnitations under this Contract . A. Suhccntra-ctor.JSub-consuRents ane not a€Icvlod to be utilized under the contract. 13. Underwriters are not allowed to be utilized under the contract. - 3) A Contractor that has been selected;o serve as fnancial advisor to the Citizen's independent Transpartaba Trust may not be a Contractor as Financial Advisor to tile General Segment. 3. (Minimum Qualification Requirements The Contractor shall remain listed in the Bond Buyer.Municipal Online Marketplace Dtreetory,'Red 3nek'as Financial Advisor during • the term of the contract,including any reiewels or extensions- ' Note: It is claarfy urderstcod and conflrrned w)th The Bond Buyer's Municipal Mar<elplace's Red Book Editorial Deparfinent,-thatonly firms are efigiblefor inclusion in the Red Book under this caption and not individuals. Therefore,the fact that an individual has bean listed in the Red Book does not in and of itself qualify a firms which employs that individual as having Rei'Book status. 4. Services to be Provided • • A. Issuanoe of Bonds • The Contractor shall: 1) kcf'rise the County and provide a wriUen recommendation on the means of caciducting the sale of bonds(Lo.competitive bidding, negotiation,or some oiler process); 2) For both negoflabed and competitively bid bond issues: • a) 'On a pro-active basis,bring refunding or other new financing ideas to the attention of the Finance Oirector; b) Assist the County in p cpaltng the nogce of sale(NOS); c) On the day of Elie sale, advise the County as to the bast bid received based upon the vent-felon of}gids and recornmend an eweard which,lrt the Contractor's judgment,is in the best Acres(of the County; d) Assist in determining the optimal timing for the issue'to go to the market`;and e) Participate in the"pricing calf`and advise the Comity as to the reasonableness of the components of the underwriters spfe ad; 3) Provide specific recommendations on 8auh bond issue rrgaanding the fclowing: The aggregate prirtieipal amount of bonds to be issued; b), The tining of the offering in order to provide finds to meet the County's cspitsl heeds; v)) The definitive structure of the bond Issue L maturity range,sofal andr'orterm bands,capita;toreciation bonds,etc.; d) Redemption Provisions; '