SLED Opportunity · KANSAS · KANSAS TURNPIKE AUTHORITY
AI Summary
Kansas Turnpike Authority seeks proposals for an investment grade Traffic and Revenue Study to support toll revenue bond financing, including DSCR analysis for five fiscal years post-project.
The Kansas Turnpike Authority is soliciting sealed Proposals from qualified and experienced firms to perform an investment grade Traffic and Revenue Study, including all supporting modeling, analysis, and certification required for a toll revenue bond financing.In accordance with the Authority’s Trust Indenture, the selected Consultant shall also prepare a written report demonstrating that for each of the five (5) succeeding fiscal years succeeding the projected completion date of such project, the Debt Service Coverage Ratio (DSCR) on all applicable obligations is projected to be at least 1.30x.The resulting study, certifications, and analyses must be suitable for inclusion in Preliminary and Final Official Statements, use by rating agencies, and reliance by bond underwriters, bond insurers, financial advisors, and investors.
SLED stands for State, Local, and Education. These are solicitations issued by state governments, counties, cities, school districts, utilities, and higher education institutions — as opposed to federal agencies.
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