Municipal Underwriter Services
Overview
Fit Score
Settle Intelligence
Settle helps teams find, evaluate, and respond to public RFPs. We continuously surface new opportunities, score them against your company strengths, and draft proposal responses so you can focus on the work that wins business.
SUMMARY
KEY REQUIREMENTS
BUDGET
EstimateCONTRACT DURATION
TIMELINE
Issue Date: March 6th, 2026
Answers to inquiries will be posted on or about March 13th, 2026
RFQ Proposal Submission Deadline: March 20th, 2026 at 12:00 Noon
All RFQ Proposals shall be opened: March 20th, 2026 at 12:01 p.m.
All inquiries related to this RFQ must be received by March 20th, 2026
Contract to be awarded: on or about March 26th, 2026
QUESTION DEADLINE
Issuing Agency
Newark Parking Authority
Organization overview and procurement intelligence available on paid plans.
DESCRIPTION
The government authority located in Newark, New Jersey is seeking a vendor to provide municipal underwriter services. The selected firm will serve as the senior managing underwriter for future bond issuance projects, with responsibilities including preparation of financing schedules, distribution lists, and conducting working group calls.
Key tasks involve structuring and sizing bond issues to minimize debt service costs, preparing and updating cash flows for individual transactions, and managing the entire underwriting process. The vendor will also be responsible for marketing and distributing bonds, providing insights on market timing, trends, and investor demand, as well as obtaining and recommending efficient utilization of credit enhancement options such as bank facilities and bond insurance.
Additional responsibilities include identifying investment opportunities to generate savings and improve transaction efficiency, preparing pricing memos regarding market conditions and underwriter compensation, and supporting bonds in the secondary market.
Source attribution
This Settle analysis is based on the issuing organization’s public RFP listing.