HomeMy WebLinkAboutTabulationMunicipal
RFQ 05-06-114
Bond UnderwritingServices
li:-4=� a:a.
Results
Meeting
February
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' Tabulation
Evaluation Committee
Friday,
u
_ ..
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
��^�^._'._�_�-. ;.:..•..� ��:
FIRMS SEEKING lij FIRMS SEEKING
QUALIFICATION FOR 11 QUALIFICATION FOR
CO- MANAGER l SENIOR MANAGER ,
(3 Firms) I (2 Firms)
TF'^ . •••3Xl3. ..r.�tXvuascstsfwaR.^.-Xxt .aC�wenmt]1MiLtnM•'.;--d:9.�.
�'-_'-_-...
I .�iz..�...P..b
T.L.s'.L^T.:�
c�T:TT..'1::r �f:...
..::0(GTIT.f::n••1•••
••••^f�.- - •
T -.v �_c•n-• S';'.^_i v�J
Siebert Brandford Shank
$3
5
45
7
85
4
16
Ramirez & Co
91
4
65
5
85
4
13
Bear Steams/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
a
7
50
6
60
6
19
-
UBS Securities
115
1
95
2
110
2
5
Yes
�� ..: ne-,nr.�n. •en., .... ..d - _
��_
-�. ... �-
1
175
... .
�.'�' -'
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00
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1
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4
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Recommended for Sr. Manager
JP Morgan
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
rchasing
Ap
Director/Design
Evaluator N
Signature: at J
Evaluation Form - Municipal Bond Underwriting Services - RFQ #05-06-114
t�c>rn27---
Firms Seeking Qualification for
4.
Ice-•:-
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s.
3
""` r
:re
Siebert
Btandford
Shank
Ramirez-
& Co
(3 eq 1
S>1i!e '
ftachovia
„.....
LaSalle
Financial
Services
rvurimayer
Merrill
Lynctr
Citigroup
JP
Morgan'
Loop
Capital
Markets'
Estrada
Hinojosa'
ueS
Securities
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4.4 �
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rd -
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.
Overall capacity to perform all services, including organization; resources; financial
pacify; equipment; & supervision
6. I -lave 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.
Qualification and Experience of Personnel - Max Points: 35
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 3
a La
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:
'Understanding of City (for Sr. Manager Position only) - Max Points: 15
1. Firms understanding of the City of Miami including its history, mission and future
lans
L. rnrn s vrswn or trte uuy s future nnanciai opportunities and/or obstacles in advancing R h ° r
the City's Capital Improvement Program 1 r ti
q.
Points:;
/0- in-1.- !
/S I II /a it /.- rl
Ability to Underwrite Bonds - Max Points: 25 #
L_iL.1
r I
1. Firm's bond sales abilities '
2. For calendar years 2003-2005 total number of municipal bond transactions the firm 1I n i I ?f
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 1r r
has serviced as Co -Manager and the total per amount involved i 1
Points:` ! 7 i .
z_ /C)
—
13 I
Local Preference, if applicable - Max Points 5
0>
0 5 0 5 3 5 it
j w 4
Office of Proposer located in corporate limits of City 0 5 0 0
Oral Presentations (if required) - Max Points 15
Totals:.
Rank Order:::
Revised 2123/07•
Firms seeking quali rcation for both Sr, Manager and Co -Manager
Evaluation Form - Municipal Bond Underwriting Services - RFQ #05-06-
Evaluator Na zi,: " morn ez
Firms Seeking Qualification for
% '' a"_—„—,;.
Si •nature: •
T r
a 6 Y
t:<s '• _` x--nY 1<t ;� •q','?v,g?r < ' '
JP
Morgan'
loop
Capital
Markets'
Estrada
Hinojosa'
Morgan
Keegan
MR
Beal & Raymond
Co. James
UBS
Sec.'
SunTrust
Capital
Markets
Banc of
America
Cabrera
Capital
Markets
Cil"group
LaSalle
Financial
Services
Overall Qualifications and Experience - Max Point: 35
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1. National recognition as an underwriting firm as exampled by maintaining a Red Book 1
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.
- Overall capacity to perform all services, including organization; resources; financial
,�acity; 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 anyprincipal, officer, or stockholder of Proposer(s)shall be in
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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.
"
Points: �
:1
.�;
1 .13oVD!?�
�
'-3 1 � �e
13 S'
Qualification and Experience of Personnel - Max Points: 35
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I. Rote and level of commitment of each public finance professional that will be assignedI
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:;
it
a7 -
cj
Understanding of City (for Sr. Manager Position only) - Max Points: 15
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iijjt
i
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Firm's
1. understanding of the City of Miami including its history, mission and future
tans
t, Firm's vision of the City's future financial opportunities and/or obstacles in advancing
the City's Capital Improvement Program
1
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1
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i
1
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t
Points:4 .. --Q
1 d
! 0
'Q
1 CI 1
'0
O 1 4
1 c, 1 C7 ...I t --
Ability to Underwrite Bonds - Max Points: 25
1
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I
1 a
t
1
1
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1
1
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1. Firm's bond sales abilities
2_ For calendar years 2003-2005 total number of municipal bond transactions the firm gt
has serviced as Senior Manager and the total per amount involved I
3. For calendar years 2003-2005 total number of municipal bond transactions the firm 1
has serviced as Co -Manager and the total per amount involved 1
Points:t:
a51
4, 5 i
4
/q
DOI Zv 1
a5
Z (1 /5 1
/51 / 9 - 1
Local Preference, if applicable - Max Points 5
5 f
0
5
0 1
0 i 0 15
I i
t
0 ; 0 s
. ;
za
0 0 I 0
Office of Proposer located in corporate limits of City
Ora! Presentations (if required) - Max Points 15
Totals:
o(
S
0
o o
5j
p 0D
j o Q
Rank Order:
Revise 7f71m7
I
'Firms seeking qualification for both Sr. Manager and Co -Manager
Evaluation Form - Municipal Bond Underwriting Services - RFQ #05-06-
Evaluator Name: s,,-r s,..,s,- Firms Seeking Qualification for z
Snature r Senior Manager e
y
* ' S y
`� "='� 4 ray
Siebert
Brandford ,
F
Ramirez r
' LaSalle
Financial
Merrill
:
JP
Loop
Capital
Markets'
Estrada
Hinojosa'
UBS
Secunhes•
y 7 1 jy y ' d ..
Shank
& Co
Wachovia
Services
Lynch
Cilgroup
Morgan'
Overall Qualifications and Experience - Max Point: 35
1
8
i
n
I t
1
1
5
{
M 3 11
i
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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.
Overall capacity to perform all services, including organization; resources; financial
dacity; 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. W.
1
1
ie
li
1
i 4
6
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t
P
1
3
c E
f
1
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t
r
5
3
Points:.[ rS f
I' nl 2 f
'S MI
r° 1
2
as-
as--
So
Qualification and Experience of Personnel - Max Points: 35 iag
t
r
a
i
1
5
-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. LI
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.
4
it
1
b i
1
3
a
Points: %
z f ai
{{t
i tf 1�
1
xa
I �'
I :a' 1
s-
1 'jo
Understanding of City (for Sr. Manager Position only) - Max Points: 15
r
t u
1. Firm's understanding of the City of Miami including its history, mission and future
'ans
2. Firm's vision of the City's future financial opportunities and/or obstacles in advancing t
the City's Capital Improvement Program
F
_
1
I
Points:': S
rin ro S rf
o
:S-
Ability to Underwrite Bonds - Max Points: 25 1
it
,a
1Q
��
g ii
1. Firm's bond sales abilities
2. For calendar years 2003-2005 total number of municipal bond transactions the firm 0
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
$
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t
_ e 1 1
I
-
Points:E 10
S
zo za
7p
is
S
S
io
Local Preference, if applicable - Max Points 5
1 �
0 0 0 $
0 1
k
5
0
5 1
i
5
Office of Proposer located in corporate limits of City 0
5
Oral Presentations (if required) - Max Points 15
Totals: r
o
S
o
S
O
I
,j
Rank Order: f:
«
6C
ya
'-o
io
ro
, ;
'—
S-o
g 1
Revised 2/23/07 r„ N
/� /r ►) /Urirri� seek qualirrctiVr boVtanager Co -Ma
Evaluation Form - Municipal Bond Underwriting Services - RFQ #05-06-
Evaluator Name: s,,.� 5:,;�.r s
Finns Seeking Qualification for
Co -Manager
Si• nature: 1
j „
` T Y 4.
r a
j i a i„dgi� ' Lt �t7Ti�n ei�
L
w
JP
Morgan'
Loop
Capital
Markets'
Estrada
Hinojosa`
Mangan
Keegan
tit
6eai &
Co.
Raymond
James
UBS
Sec.'
SunTrust'
Capital
Markets
Banco(
America
Cabrera
Capital
r
Markets
Citigroup
LaSalle
Financial
Services
..,, .. _„• ,�• •
Overall Qualifications and Experience - Max Point: 35
1
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1
1
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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 ad as an underwriter of municipal debt in the State of Florida.
4. Minimum of five (5) years experience in bond underwriting services.
- Overall capacity to perform all services, including organization; resources; financial
)acity; 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.
Points: z
1
3C
z..0 l
'to
25 13o
z�' ' ZJ
t j to -
Qualification and Experience of Personnel - Max Points: 35
1
1
1
i
t
i
Is
I
(
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: z.i
la
iS
Z_J
‘.0
20
So
2-o
10 20 is --
Understanding of City (for Sr. Manager Position only) - Max Points: 15
1
3
t
;
r i
I
i
i I
i
I
1. Firm's understanding of the City of Miami including its history, mission and future
'ans
z. Firm's vision of the City's future financial opportunities and/or obstacles in advancing
the City's Capital Improvement Program
Points:4 _ -.-.
,-
j --
-
t -
1 .- '
-
— i -
I 1 _ ' _
Ability to Underwrite Bonds - Max Points: 25
1
I
,
r
I
€
t
i
1 1
1. Firm's bond sales abilities
2. For calendar years 2003-2005 total number of municipal bond transactions the firm 1
has serviced as Senior Manager and the total per amount involved I
3_ For calendar years 2003-2005 total number of municipal bond transactions the firm t
has serviced as Co -Manager and the total per amount involved
Points: zo
,o
,o '
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,e I
I C '
z-S
I ' lbw
t i
10 2- ' rd
Local Preference, if applicable - Max Points 5
0
5 1
0
0
I
1ii
0
i
5
0 0 3
0
0 0
Office of Proposer located in corporate limits of City - 5 (
Oral Presentations (if required) - Max Points 15
Totals:. S
o
S
o
o
o
s
0 o -
a o '
Rank Order:
-10
S3
40
`7
90
G.O �a
35 S"S Rio
Revised 2123/07
'Fiyarrieeking crayffor bothManaAerand CyhAatiager �)
Eval ation Form - Municipal Bond Underwriting Services - RFQ #05-06-114
Evaluator Name:
Signature:
Firms Seeking Qualification for
�,
� f
sz
,
��
Siebert
AY
LaSalle
Loop
r
;
-.
r,�, P
_
}
a
Rrandford
Ramirez
i r '
Financial
Merrill
JP
Capital
Estrada
ues
'
''
a .
t•
�,...�
FP
Shank
& Co
Wachovia
Services
Lynch
C" rou
Morgan*
r9
Markets`
Hino sa'
to
Securities'
uverau (.tualiIca tions 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.
Overall capacity to perform all services, including organization; resources; financial
pacity; 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.
Points:v�
Qualification and Experience of Personnel - Max Points: 35
1. Role and level of commitment of each public finance professional that will be assigned i
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:'
Understanding of City (for Sr. Manager Position only) - Max Points: 15
1. Firm's understandingof the City of Miami including its history, mission and future
sans
G
z. -irm s vision of the uity s future financial opportunities and/or obstacles in advancing 1 3 x
the City's Capital Improvement Program e t
Points:t �..
Ability to Underwrite Bonds - Max Points: 25 li = i t
1. Firm's bond sales abilities 1 t
2. For calendar years 2003-2005 total number of municipal bond transactions the firm n % H 1 S p
has serviced as Senior Manager and the total per amount involved
ti 1
3. For calendar years 21103 2005 total number of municipal bond transactions the firm 1 t
has serviced as Co Manager and the total per amount involved l
t
Points:x
1
Local Preference, if applicable - Max Points 5
4
n I
t 0 `r 0 5 0
4 ;
=
5 'i 5
;
Office of Proposer Located in corporate limits of City 1I 0 5 1 0 0
Oral Presentations (if required) - Max Points 15 I
Totals:[
?
Rank Order:!:
t
'Firms seeking qualification for both Sr, Manager and Co -Manager
Evaluation Form - Municipal Bond Underwriting Services - RFQ #05-06-
Evaluator Name: -., . isr ,. r ' €
Firms Seeking Qualification for
Co -Ma der
na
Stnature % , si,mrr
t
ft o L - ,,
_ ;��� _ . _ ..F Y.,. ,�
JP
Morgan'
Loop
Capital
Markets'
Estrada
Hinojosa'
Morgan
Keegan
M R
Beal &
Co.
Raymond
James
U8S
Sec.'
SunTrust
Capital
Markets
Banc of
America
Cabrera
Capita!
Markets
Citigroup
LaSalle
Financial
Services
Overall Qualifications and Experience - Max Point: 35
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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.
Overall capacity to perform all services, including organization; resources; financial
dacity; equipment; & supervision
6. Have no record of judgments, bankruptcies, pending lawsuits against the City or
criminal activities involving morat 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) shalt 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.
Points:
Qualification and Experience of Personnel - Max Points: 35
-
I
1
1
l
;
;
s 3
t
f
I
s
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: 3�
I �(
l S
7-0
IA
v;
1 1
2-- 1 T
i s 11
1,,1 0
Understanding of Cityjfor Sr. Manager Position only) - Max Points: 15
i
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t
1
I i
i
i
I
= i
r
t
r
1. Firm's understanding of the City of Miami including its history, mission and future
tans
G. Firm's vision of the City's future financial opportunities and/or obstacles in advancing
the City's Capital Improvement Program
Points:¢
l
-
1 _'"
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#1
1 ,74...�--
I •+ 1
....._}__-- r
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Ability to Underwrite Bonds - Max Points: 25 m
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1
1.
i
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t
#
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t
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
t
Points: 1
4 1
i
/�
t1 �
Local Preference, if applicable - Max Points 5
5
0
5
0 1
1
�`" `�'�
0 1
1
!
0 1
5•
Y
0 0
a t '"�
0 1 0!
0
Office of Proposer located in corporate limits of City
Oral Presentations f if required) - Max Points 15 1
Totals:t
Rank Order: r
Revieed 7171M7
'Firms seeking qualification for both Sr. Manager and Co -Manager