CHEFA Announces 2021 Financial Advisor RFP being accepted until November 5, 2021 5:00 p.m.
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. The Authority is requesting proposals from qualified firms interested in providing financial advisory services to the Authority. The selected firm(s) will serve as the Authority’s financial advisor for a period not to exceed three (3) years.
The Authority seeks proposals from firms with established expertise in the area of tax-exempt municipal finance generally and specifically for 501(c)(3) healthcare, higher education, private secondary schools, human service providers, early childhood education centers and cultural institutions. Proposals should highlight the recent experience of your firm in transactions involving the issuance of tax-exempt bonds by public entities and quasi-public agencies similar to the Authority. Please see attached document for additional requirements.
Proposal Schedule
• RFP Issued – October 21, 2021
• Proposals are due no later than November 5 at 5:00 p.m.
• Interviews, if necessary, to be conducted during the week on November 8, 2021
• Authority Board action on selection of Financial Advisor – November 17, 2021
