Request for Proposal
RFQ for Bond Underwriters
The Connecticut Health and Educational Facilities Authority (“CHEFA” or the “Authority”) is a quasi-public state agency created in 1965 to provide access to the tax-exempt bond market for qualified nonprofit institutions. To date, the Authority has issued over $25.6 billion of tax-exempt and taxable bonds to nonprofits across the state.
In accordance with the requirements in Connecticut General Statutes, Chapter 187, Section 10a-179 (h) (4), the Authority is requesting proposals from qualified firms interested in providing underwriter services to the Authority and its clients for a period not to exceed three (3) years. Please indicate in your response if your firm is seeking approval as a Senior Manager or Co-Manager. Firms which the Authority deems eligible to provide underwriter services will be placed on the Authority’s qualified list, which will be available to its client institutions. See RFQ for scope of services and additional requirements.
Proposed Schedule
August 7, 2025: RFQ Released
August 27, 2025: Deadline for Questions
September 3, 2025: Responses to Questions Posted on DAS and CHEFA Websites
September 17, 2025: Proposal Due Date
October 15, 2025: Approved Underwriters Selection
RFQ for Bond Counsel Services
The Connecticut Health and Educational Facilities Authority (the “Authority”) is a quasi-public state agency created in 1965 to provide access to the tax-exempt bond market for qualified nonprofit institutions.
In accordance with the requirements in Connecticut General Statutes, Chapter 187, Section 10a-179 (h) (4), the Connecticut Health and Educational Facilities Authority (the “Authority” or “CHEFA”) is requesting proposals from qualified law firms wishing to provide Bond Counsel services to the Authority and its clients for a period not to exceed three (3) years.
The Authority seeks proposals from qualified firms with established expertise in the area of public tax-exempt finance generally, including tax-exempt equipment financing and 501(c)(3) healthcare and educational financing specifically. Firms are expected to have substantial and demonstrable expertise in tax law, trusts, secured transactions, Connecticut state law, Federal securities law, healthcare law and other areas of legal services pertinent to the Authority.
Proposals should highlight the recent experience of your firm in transactions involving the issuance of tax-exempt bonds by public agencies, with emphasis on revenue bond financing for healthcare and educational facilities. See RFQ for scope of services and additional requirements.
Proposed Schedule
August 27, 2025: Deadline for Questions
September 3, 2025: Responses to Questions Posted on DAS and CHEFA Websites
September 9, 2025: Proposal Due Date
September 17, 2025: Notification of Interviews, if, any
Week of September 29, 2025: Interviews, if necessary
October 15, 2025: Bond Counsel Selection
