Chicago Schools Ask Banks To File Electronically and Pay Fee

Shields, Yvette
March 2005
Bond Buyer;3/18/2005, Vol. 351 Issue 32093, p1
Trade Publication
This article reports that the Chicago Public Schools launched a request for information process for underwriters interested in working on the schools' bond sales over the next two years--with a twist added to the process in that documents will be accepted only electronically for a service fee of $175. The school system typically conducts a search process in which they seek information about firms and financing proposals roughly every two years with the district's finance team and advisers basing their underwriting selections for various deals on that information.


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