Reference Number: 22041307
Request ID:
Date First Offered11/21/2017
Title:Municipal Housing Investment Banking Firms

Agency Reference Number:2017-HDA-FI-008
Agency:HDA - Housing Development Authority
Purchasing Agency:HDA - Housing Development Authority
Purchasing Agency SPO:Nanzi Cantero

Status: Closed


Description and Specifications:
The Illinois Housing Development Authority is giving its intent to award a contract to the following Municipal Housing Investment Banking Firms:
J.P. Morgan Securities LLC - Senior Manager
RBC Capital Markets, LLC - Senior Manager
Citigroup Global Markets Inc. - Senior Manager
Morgan Stanley & Co., LLC - Senior Manager
Merrill Lynch, Pierce, Fenner & Smith - Senior Manager
Jefferies LLC - Senior Manager
Barclays Capital Inc. - Co-Manager
Raymond James & Associates, Inc. - Co-Manager
Wells Fargo Bank, NA - Co-Manager
PNC Capital Markets LLC - Co-Manager

The resulting contracts will have an initial term of two (2) years, to begin on the date of final execution, with no renewal terms.

This award remains subject to the review and formal approval of the Illinois Housing Development Authority's Board in all respects. In the event the Authority's Board does not approve the award pursuant to a duly adopted Board Resolution, the Authority will cancel this award. In addition, attached find lobbyist disclosures as required by 30 ILCS 500/50-38.

Key Information

Notice Type:Contract Award Notice

Notice Expiration Date:05/02/2018

Professional & Artistic:No
Small Business Set-Aside:No

Does this solicitation contain a BEP or DBE requirement?:No

Does this solicitation contain a Veteran requirement?:No

Relevant Category:General Services

Total Amount of Award:$11,400,000.00 (Total Dollar Value Only/Includes Any Renewal Options)
Estimated/Actual Value Description:Estimated.
Length of Initial Term:24
Contract Begin Date:05/01/2018
Contract End Date:04/30/2020
Renewal Terms:0


Number of Responding Bidders:23
Number of Unsuccessful Bidders:13
Total Number Awarded:10

Listing of All Bidders/Offerors Considered But Not Selected:
Mesirow Financial, Inc.
Janney Montgomery Scott, LLC
Academy Securities, Inc.
Stern Brothers & Co.
Stifel, Nicolaus & Company, Incorporated
Loop Capital Markets
Blaylock Beal Van, LLC
George K Baum & Company
Robert W. Baird & Co. Incorporated
Siebert Cisneros Shank & Co. LLC
National Financial Services, LLC
J.J.B. Hilliard, W.L. Lyons LLC
The Huntington Investment Company
Source Selection:RFP

Vendor(s) Selected for Award
Vendor NameAmount of Award BEP Goal % DBE Goal %
Wells Fargo Bank, N.A.$600,000.000%0%
RBC Capital Markets, LLC$1,500,000.000%0%
Raymond James & Associates, Inc.$600,000.000%0%
PNC Capital Markets LLC$600,000.000%0%
Morgan Stanley & Co. LLC$1,500,000.000%0%
Merrill Lynch, Pierce, Fenner & Smith Incorporated$1,500,000.000%0%
J.P. Morgan Securities LLC$1,500,000.000%0%
Jefferies LLC$1,500,000.000%0%
Citigroup Global Markets, Inc.$1,500,000.000%0%
Barclays Capital, Inc.$600,000.000%0%

Notice Contact
Name: Amanda Carone
Street Address:Illinois Housing Development Authority
111 E. Wacker Drive, Suite 1000
Zip Code:60601
Phone: 312.836.5214
Fax Number:N/A

Class Code

Class Codes:


NIGP Commodity/Service Code:946 38 Custom Brokerage Services (Incl; Stock and Bonds)
946 75 Securities and Commodities Market Services; (Including Direc...


To download file(s), click on filename(s) located below. Not all Notices will have files to download.

File Attachments: