New York State Thruway Authority - Financial Advisory and Co-Financial Advisory Services - RFP#25C23 (2026)
New York State Thruway Authority | State of New YorkState · Albany, NY- Due
- May 1, 2026
- Deadline passed
- Posted
- Mar 20, 2026
- Contract term
- 5 years
- Primary contact
- Georgiann Mock
- (518) 436-2773
The 30-second brief
The New York State Thruway Authority is seeking proposals from experienced and qualified SEC- and MSRB-registered financial service firms to serve as financial and swap advisor for the issuance of bonds, notes, or other obligations and derivatives issued on a negotiated or competitive basis. Services include planning and structuring debt issuances, preparing financing schedules, disclosure documents, Preliminary Official Statements, Official Statements, Notice of Sale, rating agency and investor presentations, evaluating tax-exempt vs. taxable bond issuances, managing rating processes, credit enhancements, verification agents, and providing monthly mark-to-market valuations of swap portfolios. The contract term is 5 years, commencing July 19, 2026, and terminating July 18, 2031. Proposals are due by May 1, 2026, at 1:00 P.M. Submission requires hard copy and electronic versions submitted via Georgiann Mock at the New York State Thruway Authority.
Financial advisory services; co-financial advisory services; swap advisory services; bond sale documents including Preliminary Official Statement, Official Statement, And Notice of Sale; debt service schedules; pricing books; refunding and call option analyses; monthly mark-to-market valuations of swap portfolios.
Proposer's approach and work plan (weighted), Demonstrated record of experience and capability (weighted), Qualifications, experience, and availability of lead and assigned staff (weighted), Overall completeness, clarity, quality and responsiveness (weighted), Fee Proposal (evaluated non-member), Proposer's status as NYS certified MWBE or SDVOB (evaluated non-member)
Hear what New York State Thruway Authority | State of New York plans next before it's posted.
Get alerts freeFree account · 30-second setup · No credit card
Summary
The New York State Thruway Authority is seeking proposals from experienced and qualified SEC- and MSRB-registered financial service firms to serve as financial and swap advisor for the issuance of bonds, notes, or other obligations and derivatives issued on a negotiated or competitive basis.
Services include planning and structuring debt issuances, preparing financing schedules, disclosure documents, Preliminary Official Statements, Official Statements, Notice of Sale, rating agency and investor presentations, evaluating tax-exempt vs. taxable bond issuances, managing rating processes, credit enhancements, verification agents, and providing monthly mark-to-market valuations of swap portfolios. The contract term is 5 years, commencing July 19, 2026, and terminating July 18, 2031. Proposals are due by May 1, 2026, at 1:00 P.M. Submission requires hard copy and electronic versions submitted via Georgiann Mock at the New York State Thruway Authority.
EVALUATION CRITERIA
10- Proposer's approach and work plan (weighted)
- Demonstrated record of experience and capability (weighted)
- Qualifications
- Experience
- Availability of lead and assigned staff (weighted)
- Overall completeness
- Clarity
- Quality and responsiveness (weighted)
- Fee Proposal (evaluated non-member)
- Proposer's status as NYS certified MWBE or SDVOB (evaluated non-member)
REQUIRED DELIVERABLES
8- Financial advisory services
- Co-financial advisory services
- Swap advisory services
- Bond sale documents including Preliminary Official Statement, Official Statement, And Notice of Sale
- Debt service schedules
- Pricing books
- Refunding and call option analyses
- Monthly mark-to-market valuations of swap portfolios
REQUIRED ATTACHMENTS
Cover letter, Fee Proposal Sheet (Attachment 1), Minimum qualifications documentation, Public financing transaction summaries, Client list, References, Audited financial statements, New York State Finance Law Sections 139-j and 139-k Disclosure of Prior Non-Responsibility Determinations (Supplement 1), Certificate of Compliance with Authority Guidelines Regarding Permissible Contacts (Supplement 2), Vendor Responsibility Questionnaire, Vendor Assurance of No Conflict of Interest or Detrimental Effect (Supplement 3), Certification Under Executive Order No. 16 (Supplement 4), Gender-Based Violence and the Workplace Certification (Supplement 5), ST-220-CA New York State Department of Taxation and Finance Contractor Certification (Supplement 6)
REQUIRED STAFFING
10- Submit to
- Georgiann Mock, Contract Management Specialist 1, New York State Thruway Authority, 200 Southern Boulevard, Albany, New York 12209, [email protected]
- Scope location
- Albany, NY
- Reported agency
- New York State Thruway Authority
Questions about this RFP
How do I respond to this RFP from New York State Thruway Authority | State of New York?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is May 1, 2026. The solicitation specifies required deliverables that must be addressed in your response. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: Georgiann Mock, Contract Management Specialist 1, New York State Thruway Authority, 200 Southern Boulevard, Albany, New York 12209, [email protected]. For questions, contact Georgiann Mock.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including New York State Thruway Authority | State of New York in NY, encourage participation from small businesses, minority-owned, women-owned, and disadvantaged business enterprises (MBE/WBE/DBE). Check the full solicitation for any small business participation goals.
What happens after the RFP submission deadline?
After the deadline, the issuing agency reviews all submissions against the stated evaluation criteria. This typically includes a compliance check, technical evaluation, cost analysis, and may involve oral presentations with shortlisted vendors.
Can I ask questions about this solicitation before submitting?
Yes, most solicitations allow vendors to submit questions during a designated period. The primary contact is Georgiann Mock at (518) 436-2773. Questions and answers are typically shared with all prospective bidders.
What staffing is required for this project?
This solicitation outlines specific staffing requirements. The required roles include: Partner, President, Managing Director, Director, Senior Vice President, Vice President, Associate, Analyst, Researcher, Secretary. Proposers should demonstrate relevant qualifications and experience for each required role.
What are the key deliverables?
The solicitation specifies the following deliverables: Financial advisory services; co-financial advisory services; swap advisory services; bond sale documents including Preliminary Official Statement, Official Statement, And Notice of Sale; debt service schedules; pricing books; refunding and call option analyses; monthly mark-to-market valuations of s. Proposals should clearly address how each deliverable will be met.
Show 5 more questions
What are the evaluation criteria for this solicitation?
This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Proposer's approach and work plan (weighted), Demonstrated record of experience and capability (weighted), Qualifications, experience, and availability of lead and assigned staff (weighted), Overall c..." Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from New York State Thruway Authority | State of New York?
All active and historical solicitations from New York State Thruway Authority | State of New York are tracked and searchable. As a state agency, New York State Thruway Authority | State of New York regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.
What is the contract term for this solicitation?
The anticipated contract term is 5 years. Contract terms may include renewal options.
What documents are required to bid on this RFP?
Requirements vary by solicitation, but common documents include a technical proposal, cost/price proposal, proof of insurance, relevant certifications, past performance references, and any forms specified in the solicitation. This solicitation specifically requires the following attachments: Cover letter, Fee Proposal Sheet (Attachment 1), Minimum qualifications documentation, Public financing transaction summaries, Client list, References, Audited financial statements, New York State Fin. Additionally, proposals should address staffing requirements as outlined in the solicitation. Review the full document from New York State Thruway Authority | State of New York for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Albany, NY. Review the full solicitation for detailed scope requirements.