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Identification

Reference Number: 22039948
Request ID:17-000000101081
Date First Offered01/12/2017
Title:THA - 16-0155 Bond Underwriting Services

Agency Reference Number:THA - 17-000000101081
Agency:THA - Toll Highway Authority
Purchasing Agency:THA - Toll Highway Authority
Purchasing Agency SPO:Victoria Santiago

Status: Closed

Overview

Description and Specifications:
The Illinois Tollway is giving notice of intent to award contracts to thirteen (13) financial firms available to provide services as Senior Managing Underwriter and fourteen (14) financial firms available to provide services as Co-Managing Underwriter.

The two pools of financial firms include: (1) a "Senior Pool" of firms qualified to serve as Senior Managing Underwriter, Co-Senior Manager Managing Underwriter and (2) a "Co-Manager Pool" of firms qualified to serve as Co-Managing Underwriter.

This award notice only lists eleven (11) of the thirteen (13) firms for the Senior Managers and all of the fourteen (14) firms for the Co-Managers. An addendum to add the names of the remaining two (2) Senior Managers will be published at a later date.

The total amount of award for the eleven (11) Senior Managers: $3,850,000.00
The total amount of award for the fourteen (14) Co-Managers: $2,100,000.00

For each Senior-Manager: The initial term of the contract shall not exceed $240,000.00 without a formal change order.

For each Co-manager: The initial term of the contract shall not exceed $103,200.00 without a formal change order.

Senior Pool:
1. Citigroup Global Markets Inc.
2. Goldman, Sachs & Co. LLC.
3. Jefferies, LLC
4. J.P. Morgan Securities LLC
5. Loop Capital Markets LLC
6. Merrill Lynch Pierce Fenner & Smith Incorporated
7. Piper Jaffray & Co.
8. RBC Capital Markets, LLC
9. Samuel A. Ramirez & Co., Inc.
10. Siebert Cisneros Shank & Co. LLC;
11. Wells Fargo Bank, N.A.

Co-Manager Pool:
1. Academy Securities, Inc.
2. Bernardi Securities Inc.
3. Blaylock Van, LLC
4. Cabrera Capital Markets, LLC
5. George K. Baum & Company
6. Hutchinson Shockey Erley & Co.
7. Janney Montgomery Scott LLC
8. KeyBanc Capital Markets Inc.
9. Mesirow Financial, Inc.
10. Oppenheimer & Co. Inc.
11. Raymond James & Associates, Inc.
12. Rice Securities LLC
13. Robert W. Baird & Co. Incorporated
14. Stifel Nicolaus & Company, Inc.

The contract start and end dates are estimated and will begin upon execution of the contract.

Key Information

Notice Type:Contract Award Notice

Published:08/08/2017
Notice Expiration Date:03/22/2018

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:$5,950,000.00 (Total Dollar Value Only/Includes Any Renewal Options)
Estimated/Actual Value Description:
Length of Initial Term:36
Contract Begin Date:09/01/2017
Contract End Date:08/31/2020
Renewal Terms:12

Bidder(s)


Number of Responding Bidders:41
Number of Unsuccessful Bidders:14
Total Number Awarded:27

Listing of All Bidders/Offerors Considered But Not Selected:
1. Barclays Capital, Inc.
2. Drexel Hamilton, LLC
3. Fifth Third Securities, Inc.
4. First Tennessee Bank N.A.
5. J.J.B. Hilliard, W.L. Lyons, LLC
6. Melvin Securities LLC
7. Mischler Financial Group, LLC
8. North South Capital
9. Podesta & Co.
10.Stern Brothers & Co
11.The Williams Capital Group, LP
12.U.S. Bank / Bancorp Investments, Inc.
13.Valdes & Moreno Inc.
14.William Blair & Company, LLC.
Source Selection:RFP

Vendor(s) Selected for Award
Vendor NameAmount of Award BEP Goal % DBE Goal %
Wells Fargo Bank, N. A. $350,000.000%0%
Stifel, Nicolaus and Company, Inc.$150,000.000%0%
Siebert Cisneros Shank & Co., L.L.C.$350,000.000%0%
Samuel A. Ramirez & Co., Inc.$350,000.000%0%
Robert W. Baird & Co. Incorporated$150,000.000%0%
Rice Securities, LLC$150,000.000%0%
RBC Capital Markets, LLC $350,000.000%0%
Raymond James & Associates, Inc.$150,000.000%0%
Piper Jaffray & Co.$350,000.000%0%
Oppenheimer & Co. Inc$150,000.000%0%
Mesirow Financial Inc.$150,000.000%0%
Merril Lynch Piecre, Fenner & Smith Incorporated$350,000.000%0%
Loop Capital Markets LLC$350,000.000%0%
KeyBanc Capital Markets Inc.$150,000.000%0%
J. P. Morgan Securities LLC$350,000.000%0%
Jefferies, LLC$350,000.000%0%
Janney Montgomery Scott LLC$150,000.000%0%
Hutchinson Shockey Erley & Co.$150,000.000%0%
Goldman Sachs & Co. LLC.$350,000.000%0%
George K. Baum Company$150,000.000%0%
Citigroup Global Markets Inc.$350,000.000%0%
Cabrera Capital Markets LLC$150,000.000%0%
Blaylock Van, LLC$150,000.000%0%
Bernardi Securities Inc.$150,000.000%0%
Academy Securities Inc.$150,000.000%0%

Notice Contact
Name: Desiree Liberti
Street Address:2700 Ogden Avenue
City:Downers Grove
State:IL
Zip Code:60515
Phone: 630-241-6800
Fax Number:630-795-7908
EMail Address:Desiree.Liberti@getipass.com

Class Code

Class Codes:

NIGP Code

NIGP Commodity/Service Code:946 30 Cash/Securities and Bonding Services
946 36 Credit Investigation and Reporting
946 38 Custom Brokerage Services (Incl; Stock and Bonds)
946 49 Financial Services (Not Otherwise Classified)


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