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New Business - Purchasing

Title: RFP 02C-001S for Underwriters

Description:

AppApprove the Renewal of RFP 02C-001S for Underwriters.

 

·    Request for Proposal No. 02C-001S was awarded by Board action on December 12, 2001, to A G Edwards, Bear Stearns & Company, Inc., Salomon Smith Barney, Jackson Securities, Inc., William Hough & Co., and Paine Webber, for three years from December 13, 2001 through December 12, 2004, with the option to renew for two addi­tional one-year periods.

 

·    The first option to renew is now being exercised for the period December 13, 2004 through December 12, 2005.

 

·    A G Edwards, Bear Stearns & Company, Inc., Citigroup, Inc., (formerly Salomon Smith Barney), Jackson Securities, Inc.,  RBC Dain Rauscher, (formerly William R. Hough & Co.), UBS Financial Services, (formerly Paine Webber), have agreed to honor terms, conditions and pricing of existing con­tract for the forth­coming contract period.  

Recommendation:

I recommend the renewal of RFP 02C-001S for Underwriters and authorize the Superintendent and Board Chairman to sign all needed documents.

Financial Impact:

There is no anticipated financial impact to the District for this contract period.

For Additional Information, contact:

Joseph M. Moore, moorej@palmbeach.k12.fl.us

Leanne Evans

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