Financial Advisor & Continuing Disclosure Agent at TSTC - Statewide

25 March 2024 Financial Advisor & Continuing Disclosure Agent at TSTC - Statewide Financial Advisor & Continuing Disclosure Agent at TSTC - Statewide 25 March 2024 Open 3/25/2024 2:30 PM CDT Type Request for Proposal Close 4/15/2024 2:00 PM CDT Number 235 Currency US Dollar Sealed Until 4/15/2024 2:00 PM CDT 25 March 2024 Contacts Catherine Lopez cslopez121749@tstc.edu Phone +1 254-867-3734 ext. 13734 Glendoris Wynn garchie@tstc.edu Phone +1 254-867-3757 25 March 2024 NIGP Commodity Code NIGP Commodity Code Description 94648 Financial Advisor 94649 Financial Services (Not Otherwise Classified) 95839 Financial Management Services 25 March 202425 March 202425 March 202425 March 202425 March 202425 March 202425 March 202425 March 202425 March 2024 mailto:cslopez121749@tstc.edu mailto:

href="mailto:garchie@tstc.edu">garchie@tstc.edu TSTC Background Texas State Technical College ("TSTC") is a coeducational two-year institution of higher education offering courses of study in technical vocational education for which there is demand within the State of Texas. TSTC is mandated to contribute to the educational and economic development of the State of Texas by offering occupationally oriented programs with supporting academic course work, emphasizing highly specialized advanced and emerging technical and vocational areas for certificates or associate degrees. Our mission, “to place more Texans in great paying jobs,” drives our institution. TSTC is pushing the boundaries in education, making outcomes the driving metric of success. We currently have 11 campuses across the state, with another new campus recently approved by the State Legislature that should be built and operating in the next few years. For more information about TSTC, go to http://tstc.edu/about. Purpose: Texas State Technical College (TSTC) is issuing this Request for Proposal (RFP) to obtain a qualified firm to serve as the Financial Advisor and Continuing Disclosure Agent. Our aim is to enhance financial strategies, optimize fiscal management, and ensure compliance with all relevant regulations. If a SIGNED Execution of Offer and HUB Subcontracting Plan is not submitted the bid will be disqualified (please make sure forms are signed when document is uploaded). TSTC anticipates the contract to exceed $100,000 and will require that a HUB Subcontracting Plan be submitted. Suppliers are not required to meet the State of Texas HUB goals however, TSTC requires that all suppliers make a good faith effort in achieving those goals. This agreement is valid for a period of three years, with no option to extend. Prices are fixed for the first three years, and any annual percentage increase will need to be approved by TSTC. Please see "Buyer Attachments" tab for RFP. General Notes: Q&A Board Message: If you have any questions concerning the project, please submit those through the Q&A Board. Please be aware when the Q&A session is over, no questions will be asked after this period. The Q&A board is not designed for generalized questions about TSTC's operations. TSTC will only respond to questions on the Q&A board from suppliers that have the ability and desire to contract with TSTC. TSTC's Records Management Officer will receive inquiries from those who are not interested in responding to solicitations. Details may be found at www.tstc.edu. Confidentiality: If a supplier desires to submit information to TSTC which is considered as confidential, the supplier should mark the information "CONFIDENTIAL". Uploading: Any issues uploading or submitting bids, suppliers must contact TSTC Sourcing Department at the moment that the issues occurred via email with screenshots. Failure to notify will affect any remedy that could have been applied. Zero Balance: Please be aware that your submitted bid will show a zero balance. Email Communication: To ensure that all email communication is received, suppliers must "safelist" procurementservices@sciquest.com. TSTC will not be responsible if emails are not received. Technical Issues: For password reset or log-in assistance, contact JAGGAER at 1-800-233-1121, and select the following options: * 1 - (if English is your choice) * 1 - Supplier * 0 - Operator Description http://tstc.edu/about Required to View Event Prerequisites Required to Enter Bid 25 March 2024 1. Rsolution System Overview - "How To Navigate" 2. Provide a concise summary of the firm's founding, evolution, and areas of specialization. Emphasize the importance of relevant financial advisory experience. 3. Please provide a comprehensive list of your firm's engagements as a financial advisor or consultant within the State of Texas, focusing specifically on your involvement with the Texas higher education system and university financial matters. We are particularly interested in your experience with Tuition Revenue Bonds. For each engagement listed, kindly detail: I. The name of the client or project, II. The nature and scope of the financial advisory or consultancy services provided, III. Your firm's capacity and role in these engagements, IV. The outcomes or impacts of your services on the projects or clients served. 4. Please identify the individuals who will be designated as Financial Advisors to TSTC, including their full resumes. For each individual, kindly provide the following details: I. Clearly state the individual's name and current role within your firm. II. Attach their resume, emphasizing relevant financial advisory experiences. III. Describe the specific roles these individuals have assumed in past financial advisory relationships, particularly those relevant to educational institutions or public sector clients. IV. Highlight their unique expertise and explain how their skills and experiences will directly benefit TSTC in achieving its financial goals. 5. Please provide a concise overview of your firm's interactions and experience with major rating agencies over the past five years. This should include: I. Briefly describe the nature and scope of your engagements involving major rating agencies. II. Highlight any notable achievements or recognitions your firm has received from these agencies. III. Explain how your firm's experience with rating agencies adds strategic value to your financial advisory services, particularly in the context of supporting our institution's goals and financial health. 6. Please provide a detailed breakdown of your financial advisory fees, structured as follows: I. Specify your fee on a per $1,000 bond basis. II. Outline any other forms of compensation your firm may require, including but not limited to consultation fees, special project fees, or any other charges. Please provide the amount and a brief explanation for each type of compensation. III. For each fee and form of compensation listed, include a clear explanation of the services covered by these charges. 7. Discuss the firm's experience as related to arbitrage calculations and issues and provide a separate fee schedule for arbitrage/rebate services. 8. Please tell us about your experience with continuing disclosure services and share your fees for these services. 9. Please provide any additional information about your firm that you believe is relevant to being considered for selection as our Financial Advisor. 10. The undersigned, in submitting this Proposal and endorsement of same, represents that he/she is authorized to obligate his/her firm, that he/she is an equal opportunity employer and will not discriminate with regard to race, color, religion, sex, national origin, age or disability; that he/she will abide by all the policies and procedures of TSTC; and that he/she has read the entire RFP package, is aware of the covenants contained herein and will abide by and adhere to the written requirements in ALL sections of the RFP. Failure to manually sign this form will be reason for the proposal to be rejected. **Please make sure form is signed when document is uploaded** 11. Please review and confirm the TSTC Non-Collusion statement. 12. The State of Texas Ethics Commission requires vendors who have a business relationship with a government entity to complete and sign the Conflict of Interest Questionnaire. 13. TSTC Historically Underutilized Business Submittal Requirements and Subcontracting Approval-Please review the Historically Underutilized Business Submittal Requirements. 14. If TSTC determines that a supplier did not follow the HSP Good Faith Effort Method A or B in the HUB Subcontracting plan, TSTC has the right to reject the response and/or have supplier revise the submitted plan. 15. HUB Subcontracting Plan- Failure to sign and submit the form will disqualify the respondent from bidding. **Please make sure form is signed when document is uploaded**[Contact hub@tstc.edu for any assistance on completing the form] 25 March 202425 March 202425 March 202425 March 202425 March 202425 March 202425 March 2024 16. If the undersigned Firm intends to deviate from the Specifications listed in this RFP document or Contract, all such deviations must be listed on this page, with complete and detailed conditions and information included or attached. TSTC will consider any deviations in its RFP award decisions, and TSTC reserves the right to accept or reject any response based upon any deviations indicated below or in any attachments or inclusions. In the absence of any deviation entry on this form, the Firm assures TSTC of his/her full compliance with the Terms and Conditions, Specifications, and all other information contained in this RFP document. 25 March 202425 March 202425 March 202425 March 202425 March 202425 March 202425 March 2024 Buyer Attachments 1. Scope of Service.pdf 25 March 202425 March 202425 March 202425 March 202425 March 202425 March 2024 https://bids01.jaggaer.com/apps/Router/PublicEventDownload?file=U291cmNpbmdldmVudC8xMjE3NjUwLTE1ODQ5NzI5MTVTY29wZSBvZiBTZXJ2aWNlLnBkZg%3D%3D&auth=MDpBRVMyI0NQNVp4a2IvSnkxZDNIUm81TGpka2h4M0V4bkpBZDlVSkVFUnk5WnZrK2l5eGZjOVRGNkRHUlU9 Questions Required Questions Group 1.1: General Information Instructions: 1.1.1 History of Support: Please provide a history of support for Institutions of Higher Education (IHE) in Texas, including things such as, sponsorships, grants, donations in-kind or otherwise, internships/externships, apprenticeships and the like. [Texas Education Code 51.9335(b)(8)]. 1.1.2 TSTC Solicitation Requirements: Any exceptions to terms, conditions, and requirements in the Scope of Service including the sample contract(s) specifically the Sample Service Agreement (SEE LINK PROVIDED IN ATTACHED DOCUMENT), must be made in writing and listed on the Deviation/Compliance Signature Form in "Prerequisites" tab. 1.1.3 Value Added: Please list any additional service and/or goods the firm can provide at no additional cost to the college. Service/goods must be directly related to the solicitation. 1.1.4 PAR: If Subcontracting will be obtained, suppliers must submit a Progress Assessment Report (PAR) form with each invoice. If no PAR is submitted with invoice, no payment will be issued. Any changes made to the HUB plan must be submitted to agency prior to the new subcontractor performing the work. 1.1.5 Provide contact information for the person responsible for submission of PAR Forms. 1.1.6 TSTC reserves the right to check references prior to award. Any negative responses received may be grounds for disqualification of the proposal. 1.1.7 Are you an active registered Texas Historically Underutilized Business? 1.1.8 Are you a Minority Business Enterprise/Women Business Enterprise Supplier? 1.1.9 If not a HUB supplier, please see link below and follow instructions on how to Register as a Texas certified HUB supplier as well as apply for the Centralized Master Bidders List (CMBL). https://comptroller.texas.gov/purchasing/vendor/hub/certification-process.php Group 2.1: Instructions: 25 March 202425 March 202425 March 202425 March 202425 March 2024 Product Line Items Product Line Items There are no Items added to this event. 25 March 202425 March 202425 March 202425 March 2024 Service Line Items Service Line Items There are no Items added to this event. 25 March 202425 March 202425 March 2024