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Germantown committee approves RFPs for municipal advisor and investment services
Summary
Staff will issue two draft requests for proposals—one for municipal advisory services (bonding, compliance) and one for investment advisory services—to ensure competitive market rates and update contracts that have not been bid in 5–10 years.
The General Government and Finance Committee approved staff plans to post two draft requests for proposals: municipal advisory services (bond issuance and compliance) and municipal investment services (management of invested reserves and bond proceeds).
Nut graf: The village has not sought a new municipal advisory services contract in at least five years and has not issued an RFP for investment advisory services in roughly nine to ten years. Staff said the RFPs aim to test market rates and ensure…
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