-A A +A

Are joint proposals or the use of subcontractors allowed to fulfill any of the specific services requested?

Question: 
Are joint proposals or the use of subcontractors allowed to fulfill any of the specific services requested?
Answer: 

Because VHFA is a relatively small Agency with a small number of bond sales per year, we want to minimize the number of partners as well as the complexity of each deal.  Therefore, we would prefer not to deal with subcontractors.  A joint proposal may be reasonable depending on how it is structured.  At the moment, Piper Jaffray provides the Agency with General Advisory and Swap Advisory Services and Grant Street Group supports our Guaranteed Investment Contract needs.  Our contractual arrangements with them are separate.