Selecting and Managing Municipal Advisors
Debt Management, Procurement
Selecting and Managing Municipal Advisors
Issuers should hire a municipal advisor (MA) prior to the undertaking of debt financing unless the issuer has sufficient in-house expertise and access to current bond market information, and issuers should select municipal advisors on the basis of merit using a competitive process and that issuers review those relationships periodically.
Board approval date: Friday, February 28, 2014