7. Recommendation Concerning the Establishment of a Pool of Firms to Provide

Board of County Commissioners Meeting · 2026-05-21 · agenda_item

Escambia County is planning to establish a pool of firms to provide bond underwriter services. This service will support the financing, refinancing, or restructuring of the County's debt. The initial term for these services is five years, with an option to renew for two additional one-year periods. The County anticipates issuing local government debt in the future, and selected underwriters will help structure, market, and sell bonds for these transactions. This item is currently under review by the Board of County Commissioners. The work will involve financial structuring, market analysis, and bond sales. Local businesses specializing in financial services and legal support related to municipal finance could find opportunities. Engaging early, before specific bond issuances are finalized, will allow businesses to understand the County's needs and position themselves for potential contracts.