Press Office
Press Office Home
Press Releases
Testimonies
Speeches
E-Newsletter Archive
Articles
Photos
Contact
 
 
 
 


PR02-03-12 March 19, 2002
Contact: Press Office 212-669-3747
NEW YORK CITY ISSUERS ANNOUNCE JOINT REQUEST FOR PROPOSALS FOR UNDERWRITERS

 

On behalf of the City of New York, the New York City Transitional Authority, the New York City Municipal Water Authority and the TSASC, Inc. (the "Issuers"), Comptroller William C. Thompson, Jr. announced today a joint Request for Proposals ("RFP") from firms to serve as a Senior or Co-Managing Underwriter for debt issued by each issuer. Each of the Issuers plans to select a team of Senior Managers as well as a group of co-managers for future bond sales.

Selections will be made based on written proposals, prior performance on Issuer's financings, contributions of new and innovative financing proposals, and for Senior Managers, oral presentations. Consistent with the policies expressed in the City Charter, proposals are encouraged from women-owned and minority-owned businesses.

Firms interested in applying for this RFP should e-mail their request to the Public Resources Advisory Group of New York at rtilghman@pragny.com. The RFP will only be distributed to firms eligible for selection as an underwriter for one or more of the issuers. All proposals must be received no later than 5:00 P.M. on Monday, April 8, 2002.

# # #