23-588-SgS Notice of Intent to Award a Single Source Procurement SG-00220

Brief Description: The Aviation Authority issues bond in the capital markets to fund its Capital Improvement Program. Moody plays a crucial role in capital markets by providing credit analysis in assessing the credit risk of bonds. Bonds previously issued by the Aviation Authority were given a rating by Moody’s. Moody’s performs an annual review of the Aviation Authority Financial performance and various metrics of the Orlando International Airport to determine the status of their credit rating. Estimated Value: $19,500.00 Term (Years): 12 months Vendor: Moody's Investor Service Justification: Bond ratings play a crucial role in borrowing rates, and the capital markets rely on credit ratings in evaluating the bonds. The capital markets will likely continue to expect the bonds will receive and maintained. The Aviation Authority utilizes the expertise of a Municipal Advisor to provide guidance on which rating agencies should provide ratings on the bonds.