HomeMy WebLinkAboutRFQMunicipal
w.��m���m�4i
�.� tabulation
Tabulation
Committee
Friday,
RFQ 05-06-114
Bond Underwriting Services
ate. �:_.��......
.�.f.�,��.;�.�� t_ ��;- _ �....V4°1__..
;�.;4�.,...,,,..�.�w .�:����,.�..
Evaluation
Results Summary Sheet
Meeting - FINAL RANKING
February 23, 2007
Diana Gomez
Scott Simpson
Bertha Henry
Overall Rank
Order (Rank
Order totals)
Recommended
Firms
Total Points
Rank
Order
Total Points
Rank
Order
Total Points
Rank
Order
i•
FIRMS SEEKING
QUALIFICATION FOR
SENIOR MANAGER
(2 Firms)
Siebert Brandford Shank
83
5
45
7
85
4
::...:'i.««.d
16
Ramirez & Co
91
4
65
5
85
4
13
Bear Stearns/Wachovia
96
3
80
4
100
3
10
LaSalle Financial Services
78
6
40
8
80
5
19
Merrill Lynch
102
2
105
1
100
3
6
Citigroup
54
9
50
6
45
7
22
JP Morgan
115
1
85
3
115
1
5
Yes
Loop Capital Markets
64
8
45
7
60
6
21
Estrada Hinojosa
6$
7
50
6
80
8
19
UBS Securities
115
1
95
2
110
2
5
Yes
FIRMS SEEKING
QUALIFICATION FOR !
CO- MANAGER 1
k
(3 Firms) I
JP Morgan
166
i
75
100
1
4
Recommended for Sr. Manager
Loop Capital Markets
74
4
40
7
70
4
15
Estrada Hinojosa
63
6
45
6
60
5
17
UBS Securities
100
1
90
1
100
1
3
Recommended for Sr. Manager
Morgan Keegan
74
4
50
5
70
4
13
MR Beal & Co
60
8
40
7
75
3
18
Raymond James
68
5
60
3
80
2
10
Yes
SunTrust Capital Markets
86
2
60
3
80
2
7
Yes
Banc of America
62
7
50
5
60
5
17
Cabrera Capital Markets
57
9
35
8
55
6
23
Citigroup
54
10
55
4
45
7
21
LaSalle Financial Services
80
3
40
7
80
2
12
Yes
Approved by -
Glenn Ma •s, Directoro P
rchasing
Ap
Director/Design
Evaluation Form - Municipal Bond Underwriting Services - RFQ #05-06-114
Evaluator N. d > . (___Ome.Z Firms Seeking Qualification for
Si, nature: i Senior Manager
Siebert
andford >
6 Shank
_ Ramirez
R& Co z
Q eci rr
- 4GRCYi5v
S achovia
�
LaSalle
Financial
Services
Merrill
Lynch-
Citigroup
JP
Morgan'
Loop
Capital
Markets`
Estrada
- Hinoiosa'
S
Securities'
=
° •1 °
Overall Qualifications and Experience - Max Point: 35 -`
j
i
1. National recognition as an underwriting firm as exampled by maintaining a Red Book
listing within the area of Dealers and Underwriters for the past two (2) years
2. Current and in compliance with all filing requirements of Rule G-37; officers, directors,I�
employees or agents have not made any contributions or undertaken any actions in
violation of Rule G-37 e
3. Licensed to act as an underwriter of municipal debt in the State of Florida.
4. Minimum of five (5) years experience in bond underwriting services. -
5. Overall capacity to perform all services, including organization; resources; financial
capacity; equipment; & supervision
6. Have no record of judgments, bankruptcies, pending lawsuits against the City or g.
criminal activities involving moral turpitude and not have any conflict of interest that have Ir
not been waived by the City Commission
7. Neither Proposer nor any principal, officer, or stockholder of Proposer(s) shall be in
arrears or in default of any debt or contract involving the City; nor have failed to perform
faithfully on any previous contract with the City. _
i
Points: a5. 3
-35- IM
ap
jL
Qualification and Experience of Personnel - Max Points: 35
2.1. Role and level of commitment of each public finance professional that will be assigned"!
to the Engagement, as well as their experience with municipal clients. 1
2. Record of Pending litigation or past judgements; regulatory or criminal actions, W
proceedings or investigations; charges, convictions, suspensions or debarments, within
the last three (3) years. t
Points:! 51.1
0 0 �6'
FSA - O
ZS
Understanding of City (for Sr. Manager Position only) - Max Points: 15 f
tl
g mission and future
1 _ Firm's understandingof the Cityof Miami including its history,
plans
2. Firm's vision of the City's future financial opportunities and/or obstacles in advancing
the City's Capital Improvement Program 1
/
A
g
Points:;
10 ii-limmillimirmilliali
/ I S
i /0 II
is"
Ability to Underwrite Bonds - Max Points: 25 t `'
a.
1. Firm's bond sales abilities
2. For calendar years 2003-2005 total number of municipal bond transactions the firm
has serviced as Senior Manager and the total per amount involved
3. For calendar years 2003-2005 total number of municipal bond transactions the firm
has serviced as Co -Manager and the total per amount involved 1
w
i P
Points:,
17 ,t�
2 I /c6 I /S
I
Local Preference, if applicable - Max Points 5
Office of Proposer located in corporate limits of City 0 5 0 0 0 0 5 0 5 9 5
Oral Presentations if re s uired - Max Points 15
!
Totals:
5
0
C
Rank Order:
eves
'Firms seeking qualification for both Sr. Manager and Co -Manager
Evaluation Form - Municipal Bond Underwriting Services - RFQ #05-06-114
Evaluator Na iii: 4�ah, #
Firms Seeking Qualification for
Ca-Mana • er
Si • nature: ! s, ;�r...
., "��
" _
Loop
JP Capital
Morgan` Markets'
Estrada
Hinojosa'
M R
Morgan Beal &
Keegan Co.
Raymond
James
UBS
Sec.'
SunTrust
Capital
Markets
Cabrera
Banc of Capital
America Markets Citigroup
LaSalle
Financial
Services
Overall Qualifications and Experience - Max Point: 35 •
1. National recognition as an underwriting firm as exampled by maintaining a Red Book 4i j E
listing within the area of Dealers and Underwriters for the past two (2) years
2. Current and in compliance with all filing requirements of Rule G-37; officers, directors, l i
; f i
employees or agents have not made any contributions or undertaken any actions in E
violation of Rule G-37 l s
3. Licensed to act as an underwriter of municipal debt in the State of Florida_
4. Minimum of five (5) years experience in bond underwriting services. "- l j
5. Overall capacity to perform all services, including organization; resources; financial €
£
capacity; equipment; & supervision I t
fi. Have no record of judgments, bankruptcies, pending lawsuits against the City or
criminal activities involving moral turpitude and not have any conflict of interest that have i
not been waived by the City Commission €
7. Neither Proposer nor any principal, officer, or stockholder of Proposer(s) shall be in
arrears or in default of any debt or contract involving the City; nor have failed to perform x i
faithfully on any previous contract with the City.
rt
e3
E t
j 3
Points:' a 30 30 S .2-o 4;0
Qualification and Experience of Personnel - Max Points: 35 t
1. Role and level of commitment of each public finance professional that will be assigned j
to the Engagement, as well as their experience with municipal clients. ;
2. Record of Pending litigation or past judgements; regulatory or criminal actions,
proceedings or investigations; charges, convictions, suspensions or debarments, within j
the last three (3) years.
x
) )
i F
t i
; ? i
Points: �_ a a 112�I '2-
Understanding of City (for Sr. Manager Position only) - Max Points: 15 i i ; _i
1. Firm's understanding of the City of Miami including its history, mission and future
t
plansAi � f
2. Firm's vision of the City's future financial opportunities and/or obstacles in advancing ;
the City's Capital Improvement Program z 1,
R i
Points:;,--,C)I
0 If 0 I ac I vl o I IaAbility
to Underwrite Bonds - Max Points: 25
1. Firm's bond sales abilities l_
2. For calendar years 2003-2005 total number of municipal bond transactions the firm ! E 4 l
has serviced as Senior Manager and the total per amount involved
3. For calendar years 2003-2005 total number of municipal bond transactions the firm 1 l € t
has serviced as Co -Manager and the total per amount involved i
1! i ;
Points:
?.r
? I �I 4I f q 150I 2Q I c 51 'L 5I iq I f '�I i ? Zo
Local Preference, if applicable - Max Points 5
; s
Office of Proposer located in corporate limits of City 5 0
5 0 € 0 0 5
0 0 0 0 0
Oral Presentations (if required) - Max Points 15
R i
g i
'
Totals:`. , O 5
0 0
Rank Order:
I
Revised 2l23107
'Firms seeking qualification for both Sr. Manager and Co -Manager
Evaluation Form - Municipal Bond Underwriting Services - RFQ #05-06-1 14
Evaluator Name: s�.s.c .,A,,,,- Firms Seeking Qualification for
Signature_ -„. � Senior Manager
Siebert
B
r , i
Overall Qualifications and Experience - Max Point: 35
1. National recognition as an underwriting firm as exampled by maintaining a Red Book
listing within the area of Dealers and Underwriters for the past two (2) years
2. Current and in compliance with all filing requirements of Rule G-37; officers, directors,
employees or agents have not made any contributions or undertaken any actions in -
violation of Rule G-37
3. Licensed to act as an underwriter of municipal debt in the State of Florida.
4. Minimum of five (5) years experience in bond underwriting services.
5. Overall capacity to perform all services, including organization; resources; financial M
capacity; equipment; & supervision
6. Have no record of judgments, bankruptcies, pending lawsuits against the City or
criminal activities involving moral turpitude and not have any conflict of interest that have
not been waived by the City Commission
7. Neither Proposer nor any principal, officer, or stockholder of Proposer(s) shall be inLI
arrears or in default of any debt or contract involving the City; nor have failed to perform
faithfully on any previous contract with the City. a
Points.f. ,
z]
:
r
2i
10 tl is
VV
®Y®
Qualification and Experience of Personnel - Max Points: 35
1. Role and level of commitment of each public finance professional that will be assigned 4
to the Engagement, as well as their experience with municipal clients. t
2. Record of Pending litigation or past judgements; regulatory or criminal actions, 4
proceedings or investigations; charges, convictions, suspensions or debarments, within
the last three (3) years.
Points: >; 11 s - ai i� 3a
{{a
�. f � I ;; f
i
'5
Understanding of City (for Sr. Manager Position only) - Max Points: 151..
1. Firm's understanding of the City of Miami including its history, mission and future {
plans 1
2. Firm's vision of the City's future financial opportunities and/or obstacles in advancing
the City's Capital Improvement Program 1 v
<�
Points: 5. 7" io S i s a
f LC 1 ,a
,.
Ability to Underwrite Bonds - Max Points: 25
1. Firm's bond sales abilities
2. For calendar years 2003-2005 total number of municipal bond transactions the firm
has serviced as Senior Manager and the total per amount involved
3. For calendar years 2003-2005 total number of municipal bond transactions the firm
has serviced as Co -Manager and the total per amount involved
Points:) 10 S
S Zo
Local Preference, if applicable - Max Points 5
Office of Proposer located in corporate limits of City ] 0 5 0 0 0 0 5 0 5 5
Oral Presentations (if required) - Max Points 15
Totals: =
o
S
0
.,. 00
a
5-0
j
Rank Order:
6
o
loS
So
a
`r‘
ro
c S
Revised 2/23/07
61, seek qualificar botVelanage4 C-Ma gef�
Evaluation Form - Municipal Bond Underwriting Services - RFQ #05-06-114
Evaluator Name: s._, s.,... ,-
Firms Seeking Qualification for
Co -Manager
Signature:
`;"
Ma_ F _ • „i ,-� u a
JP
Morgan*
Loop
Capital
Markets`
Estrada
Ninojosa`
Morgan
Keegan
M R
Beal &
Co.
Raymond
James
SunTrust
UBS Capital
Sec.` Markets
Banc of
America
Cabrera
Capital
Markets
Citigraup
LaSalle
Financial
Services
Overall Qualifications and Experience - Max Point: 35
1. National recognition as an underwriting firm as exampled by maintaining a Red Book l
listing within the area of Dealers and Underwriters for the past two (2) years
2. Current and in compliance with all filing requirements of Rule G-37; officers, directors,..,
employees or agents have not made any contributions or undertaken any actions in
violation of Rule G-37
3. Licensed to act as an underwriter of municipal debt in the State of Florida.
4. Minimum of five (5) years experience in bond underwriting services.
-
5. Overall capacity to perform all services, including organization; resources; financial t
capacity; equipment; & supervision
6. Have no record of judgments, bankruptcies, pending lawsuits against the City or
criminal activities involving moral turpitude and not have any conflict of interest that have
not been waived by the City Commission
7. Neither Proposer nor any principal, officer, or stockholder of Proposer(s) shall be in
arrears or in default of any debt or contract involving the City; nor have failed to perform
faithfully on any previous contract with the City.
I
1
i
I
! j
I a
a
I
t
} i
t '
r
j
s
t l s
z =
g
i
k
Points:' z.1 t N. ►‘ zo ' z' ZS 1 35 1 Z0 i c1 i3 1 's
Qualification and Experience of Personnel - Max Points: 35 i .
1. Role and level of commitment of each public finance professional that will be assigned
to the Engagement, as well as their experience with municipal clients. j
2. Record of Pending litigation or past judgements; regulatory or criminal actions,
proceedings or investigations; charges, convictions, suspensions or debarments, within
the last three (3) years.
1 1
i I
I
1 I x
), • i 1 a
•
Points: zi N. rs 1 Z-1 1.0 ' z n 1 -s zo 10 1 Zo is
Understanding of City (for Sr. Manager Position only) - Max Points: 15
1. Firm's understanding of the City of Miami including its history, mission and future
plans
2. Firm's vision of the City's future financial opportunities and/or obstacles in advancing
the City's Capital Improvement Program f
Points:
=- I - 1 - I - I -
Ability to Underwrite Bonds - Max Points: 25
1. Firm's bond sales abilities
2. For calendar years 2003-2005 total number of municipal bond transactions the firm
has serviced as Senior Manager and the total per amount involved
3. For calendar years 2003-2005 total number of municipal bond transactions the firm
has serviced as Co -Manager and the total per amount involved
I
I
i
e i ) t
7-
Points: 0 ;O 10 i0 .O I i Z-> iIS'. 10 Z- rQ
Local Preference, if applicable - Max Points 5 I
Office of Proposer located in corporate limits of City 5 3 0 1 5 I 0 �r 0 0 5 l 0 0 0 0 0
Oral Presentations (if required) - Max Points 15 I
Totals:
S o I-'
o 1 c
o 0 0
Rank Order: t-
1� 40 -is--SO
E
4a a3 qo
1
Coo
1
S 3N s1'� 4o
1
Revised 2123/07
® E
"Fieeking fic dA for bothMan i f Ind Cager
Eva4ation Form - Municipal Bond Underwriting Services - RFQ #05-06-114
Evaluator Name: �‘9.401,4 Firms Seeking Qualification for
Signature: Senior Manager
Siebert
randford
B Shank
Ramirez
R& Co z =
�ar
's
Wachovia
LaSalle
Financial
Services
° Merrill
Lynch
Citigroup
JP
Morgan`
Loop
Capital
Markets' ,
Estrada
Hinojosa'
UeS
Securities*
' �' r
:M tom;... : ,
Overall Qualifications and Experience - Max Point: 35
1. National recognition as an underwriting firm as exampled by maintaining a Red Book °
listing within the area of Dealers and Underwriters for the past two (2) years
2_ Current and in compliance with all filing requirements of Rule G-37; officers, directors,
employees or agents have not made any contributions or undertaken any actions in £ =
violation of Rule G-37
3. Licensed to act as an underwriter of municipal debt in the State of Florida.
4. Minimum of five (5) years experience in bond underwriting services.
5. Overall capacity to perform all services, including organization; resources; financial
capacity; equipment; & supervision
6. Have no record of judgments, bankruptcies, pending lawsuits against the City or
criminal activities involving moral turpitude and not have any conflict of interest that have
not been waived by the City Commission
7. Neither Proposer nor any principal, officer, or stockholder of Proposer(s) shall be in
arrears or in default of any debt or.contract involving the City; nor have failed to perform
faithfully the City.,
1
c
on any previous contract with
Points:' Wll �►D/� KIMIgalWillinall NOVrall'IM
Qualification and Experience of Personnel - Max Points: 35 1 1
1. Role and level of commitment of each public finance professional that will be assigned
to the Engagement, as well as their experience with municipal clients.
2. Record of Pending litigation or past judgements: regulatory or criminal actions,
proceedings or investigations; charges, convictions, suspensions or debarments, within
the last three (3) years.
Points:-
g
Understanding of City (for Sr. Manager Position only) - Max Points: 15
1. Firm's understanding of the City of Miami including its history, mission and future
plans
2. Firm's vision of the City's future financial opportunities and/or obstacles in advancing
the City's Capital Improvement Program
Points:
11!' FTVF1
Ability to Underwrite Bonds - Max Points: 25
1, Firm's bond sales abilities
2. For calendar years 2003-2005 total number of municipal bond transactions the firm
has serviced as Senior Manager and the total per amount involved
3. For calendar years 2003-2005 total number of municipal bond transactions the firm
has serviced as Co -Manager and the total per amount involved
j
a
I
Points:i M
=1
Local Preference, if applicable - Max Points 5
Office of Proposer located in corporate limits of City 0 5 0 0 0 0 5 0 5 x 5
Oral Presentations (if required) - Max Points 15
Totals:
Rank Order:
Revised 2/23/07
'Firms seeking qualification for both Sr. Manager and Co -Manager
Evaluation Form - Municipal Bond Underwriting Services - RFQ #05-06-114
lit.
Evaluator Na -e: .ate ;1 1'
Firms Seeking Qualification for
Co -Manager
Signature: Ei 11. #
,_
> �
�?
JP
Morgan'
Loop
Capital
Markets'
Estrada
Hinojosa"
Morgan
Keegan
M R
Beal &
Co.
Raymond
James
UBS
Sec.`
SunTnist
Capita!
Markets
Banc of
America
Cabrera
Capital
Markets
Citigroup
LaSalle
Financial
Services
Overall Qualifications and Experience - Max Point: 35
I x
1. National recognition as an underwriting firm as exampled by maintaining a Red Book
listing within the area of Dealers and Underwriters for the past two (2) years
2. Current and in compliance with all fling requirements of Rule G-37; officers, directors,
employees or agents have not made any contributions or undertaken any actions in
violation of Rule G-37
3. Licensed to act as an underwriter of municipal debt in the State of Florida.
4. Minimum of five (5) years experience in bond underwriting services.
5. Overall capacity to perform all services, including organization; resources; financial
capacity; equipment; & supervision
6. Have no record of judgments, bankruptcies, pending lawsuits against the City or
criminal activities involving moral turpitude and not have any conflict of interest that have
not been waived by the City Commission
7. Neither Proposer nor any principal, officer, or stockholder of Proposer(s) shall be in
arrears or in default of any debt or contract involving the City; nor have failed to perform
faithfully on any previous contract with the City.
i
3
1
I ff
i
Points:
Qualification and Experience of Personnel - Max Points: 35
} i
1. Role and level of commitment of each public finance professional that will be assigned
to the Engagement, as well as their experience with municipal clients.
2. Record of Pending litigation or past judgements; regulatory or criminal actions, a
proceedings or investigations; charges, convictions, suspensions or debarments, within i
the last three (3) years.
i
t
t
f r
Points: r1�f t C.
12-0 I 1 S I S4
7-( I t I 0 s 110 I a t)
Understanding of City (for Sr. Manager Position only) - Max Points: 15 3
i
1. Firm's understanding of the City of Miami including its history, mission and future
plans 1
2. Firm's vision of the City's future financial opportunities and/or obstacles in advancing
the City's Capital Improvement Program - =
t
[
t
t
? I i
i 1
i
j
Points: -- [- f T ..�, r. ---- -4-
`T
-_..•---
I i "
�'3 I
—
Ability to Underwrite Bonds - Max Points: 25 ii
1
1. Firm's bond sales abilities
2. For calendar years 2003-2005 total number of municipal bond transactions the firm has serviced as Senior Manager and the total per amount involved
3. For calendar years 2003-2005 total number of municipal bond transactions the firm - I
has serviced as Co -Manager and the total per amount involved / [
t
; E
i
yt),.
Points: 015 I •I Ii d�15 ! 2I Of
Local Preference, if applicable - Max Points 5
Office of Proposer located in corporate limits of City 5 0 5
0 0 0 5. 0 1 0 0' 0 , 0
Oral Presentations (if required) - Max Points 15 1
t I
Totals:
Rank Order: t
Revised 2123107
"Firms seeking qualification for both Sr. Manager and Co -Manager