RFR Response Deadline: January 21, 2015 3:00PM
Summary:
The Massachusetts School Building Authority (“Authority” or “MSBA”) invites Responses from banks interested in serving as Issuing and Paying Agent (“IPA”) as part of a tax-exempt commercial paper program (“CP Program”). The Authority plans to establish a $450 million CP Program. The CP Program will consist of three series and have three dealers, Bank of America Merrill Lynch, J.P. Morgan and U.S. Bancorp. First SouthWest Company has been selected to serve as the Authority’s Independent Registered Municipal Advisor (“IRMA”) for the CP Program. Bank of America Merrill Lynch, Barclays Bank, and Citibank, N.A have been selected by the Authority to provide Letters of Credit (LOC) for the CP Program. The Bank of New York Mellon serves as bond trustee to the MSBA. The CP Program is expected to commence on or about February 1, 2015.
The Request for Responses and all attachments can be found using the links below:
- Request for Responses for Issuing and Paying Agent
- Attachment A: Authorized Respondent Signature and Acceptance Form
- Attachment B: Mandatory Certification Statement
- Attachment C: Supplier Diversity Program Plan Form
PROCUREMENT CALENDAR
Issuance of RFR: January 13, 2015
Question Deadline: January 15, 2015
Responses to Questions Posted: January 16, 2015
RFR Response Deadline: January 21, 2015 3:00PM
Award of the Contract: January 28, 2015
*The MSBA did not receive any questions regarding this RFR.