Rhode Island Commerce Corporation - Investment Banking and Underwriting Services - RFP-2616 (2026)
Rhode Island Commerce Corporation | State of Rhode IslandState · Providence, RI- Due
- Oct 16, 2026
- Deadline passed
- Posted
- Sep 25, 2026
- Duration
- 12 months
The 30-second brief
The Rhode Island Commerce Corporation seeks proposals from qualified firms with experience in providing investment banking and underwriting services to serve as Senior Managing Underwriter or Co-Manager for its proposed Airport Revenue Bonds, 2026 Series, to be issued on behalf of the Rhode Island Airport Corporation. Bond proceeds are expected to finance terminal and parking improvements at T.F. Green International Airport with an estimated par amount of $97 million, alongside potential refunding of Series 2016 D Airport Revenue Bonds. The selected underwriting firm will prepare debt service and refunding cash flow scenarios, review financing documents, participate in rating agency meetings, develop marketing plans and investor road shows, lead the bond sale, and ensure regulatory compliance. Proposals are due by October 16, 2026 at 5:00 PM ET via email to [email protected]. Evaluation criteria include qualifications and firm experience (50%), underwriting compensation (20%), approach to ratings (15%), marketing plan (15%), and ISBE participation (6% bonus points).
Qualifications, Personnel, and Firm Experience (50%), Underwriting Compensation (20%), Approach to Ratings (15%), Marketing Plan (15%), ISBE Participation (6% bonus points)
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Summary
The Rhode Island Commerce Corporation seeks proposals from qualified firms with experience in providing investment banking and underwriting services to serve as Senior Managing Underwriter or Co-Manager for its proposed Airport Revenue Bonds, 2026 Series, to be issued on behalf of the Rhode Island Airport Corporation.
Bond proceeds are expected to finance terminal and parking improvements at T.F. Green International Airport with an estimated par amount of $97 million, alongside potential refunding of Series 2016 D Airport Revenue Bonds. The selected underwriting firm will prepare debt service and refunding cash flow scenarios, review financing documents, participate in rating agency meetings, develop marketing plans and investor road shows, lead the bond sale, and ensure regulatory compliance. Proposals are due by October 16, 2026 at 5:00 PM ET via email to [email protected]. Evaluation criteria include qualifications and firm experience (50%), underwriting compensation (20%), approach to ratings (15%), marketing plan (15%), and ISBE participation (6% bonus points).
EVALUATION CRITERIA
REQUIRED ATTACHMENTS
4- W-9
- RFP Response Certification Cover Form
- MBE/WBE/Disability Business Enterprise Participation Plan form
- Vendor Affidavit
- Submit to
- [email protected]
- Scope location
- Warwick, RI
- Reported agency
- Rhode Island Commerce Corporation
Questions about this RFP
How do I respond to this RFP from Rhode Island Commerce Corporation | State of Rhode Island?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is October 16, 2026. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: [email protected].
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including Rhode Island Commerce Corporation | State of Rhode Island in RI, 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.
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What are the evaluation criteria for this solicitation?
This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Qualifications, Personnel, and Firm Experience (50%), Underwriting Compensation (20%), Approach to Ratings (15%), Marketing Plan (15%), ISBE Participation (6% bonus points)" Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from Rhode Island Commerce Corporation | State of Rhode Island?
All active and historical solicitations from Rhode Island Commerce Corporation | State of Rhode Island are tracked and searchable. As a state agency, Rhode Island Commerce Corporation | State of Rhode Island 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 12 months. 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: W-9, RFP Response Certification Cover Form, MBE/WBE/Disability Business Enterprise Participation Plan form, Vendor Affidavit. Review the full document from Rhode Island Commerce Corporation | State of Rhode Island for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Warwick, RI. Review the full solicitation for detailed scope requirements.