FINANCIAL ADVISORY SERVICES

2026-11-03

SCOPE OF SERVICES The Financial Advisor shall provide , at minimum , the following services consistent with industry best practices , MSRB rules , and applicable Connecticut statutes : A . Debt Issuance Advisory Services 1 . Review and recommend structure , maturity , amortization , timing , and method of sale for all municipal debt . 2 . Prepare detailed financing calendars outlining all required steps of the issuance . 3 . Coordinate with Town officials , bond counsel , rating agencies , underwriters ( if applicable ), and other stakeholders . 4 . Assist in drafting , editing , proofing , and distributing Preliminary and Final Official Statements . 5 . Assist with printing , electronic posting , and investor distribution of offering documents . 6 . For competitive sales : evaluate bids , confirm compliance with bidding requirements , calculate True Interest Cost ( TIC ), and recommend award . 7 . For negotiated sales : evaluate pricing , spreads , and market conditions ; advise on role of underwriter ( s ). 8 . Coordinate closing and settlement and ensure proper transfer of proceeds to Town accounts . B . Credit Rating and Investor Relations Support 1 . Prepare credit rating presentations and narrative materials . 2 . Participate in rating agency meetings and calls . 3 . Advise on strategies for maintaining or improving the Town ’ s credit profile . C . Long Range Financial Analysis 1 . Prepare multi - year debt affordability analyses , tax impact projections , and forecasting models . 2 . Evaluate alternative financing methods including grants , notes , bonds , and lease financing - options . D . Refunding , Restructuring , and Specialized Analysis 1 . Monitor markets and identify refunding or restructuring opportunities . 2 . Perform present value savings calculations and recommend action as appropriate -. 3 . Prepare special reports , sensitivity analyses , or cost benefit studies as requested -

Connecticut

2026-03-27