FINANCIAL ADVISORY P3 CITY OF LOS ANGELES - ALTERNATIVE FUNDING STRATEGIES

SCOPE OF WORK The selected financial Advisor will assist this Office with the following services: Phase One • Conduct evaluation of funding alternatives, including potential P3 or Public/Private Partnerships structures, and development of a recommendation as to which strategy would be the most appropriate funding structure for this project. This evaluation must include the financial and legal benefits of each alternative and the criteria that the City should consider; • Development of a strategy to access the P3 market through a Request for Qualification(RFQ), and/or Request for Proposal (RFP) procurement process; • Development of a viable preliminary financial plan to fully fund the streetcar project; • Provide a written report with recommendations which includes the various options to fund the streetcar project; • Assist City staff with presentations to the Mayor and Council and other stakeholders; • Work in Phase Two and Phase Three will depend on how the Mayor and Council respond to the work in Phase One. Phase Two • Development of the RFQ and/or RFP for the streetcar project, if approved in Phase One; • Assist the City in ongoing discussions and open dialogue with potential proposers to ensure all stakeholder input is considered; • Provide analysis and evaluation of responses submitted; • Provide a written report with recommendations which includes various options for implementation; • Assist City staff with presentations to the Mayor and Council and other stakeholders. Phase Three • Development of a long term financial agreement and implementation documents for this project, if approved by the Mayor and Council. A timeline and more detailed set of deliverables will be established once a financial advisor has been selected. As part of the scope of work the advisor will also be expected to assist with presentations of the proposed project delivery method to elected officials, City managers, and other stakeholders as necessary. SELECTION CRITERIA TO BE APPLIED BY THE CITY OF LA Demonstrated Ability of Consultants – 60 points • Financial and legal experience in the development and structuring of public private partnerships that consist of large construction projects, transportation projects and streetcar projects which may have FTA -FEDERAL TRANSIT ADMINISTRATION funding; and • Successful performance and relevant experience in conducting financial advisory services for P3 Public/Private Partnerships projects including sell side advisory services; and risk analysis; Timeliness–10 points • Ability to develop a preliminary financial plan in a timely manner. Sufficient detail in narrative to evaluate your intended approach; Cost Reasonableness – 30 points (10 points each Phase). The Scope of Work is anticipated to be completed in three main phases. The projected costs for each phase should be submitted along with the total number of hours expected to complete each activity. Your budget submittal should reflect the overall comprehensive cost, detailed out. Phase One • Advisory fees associated with the evaluation and recommendation of a best value funding strategy. Phase Two • Advisory fees associated with the development and assessment of the funding strategies submitted/and or P3 RFQs and RFPs submitted, and development of recommendations of best value funding strategy. Phase Three • Advisory fees associated with the development of a long term financial agreement and lead coordination of funding strategy and/or P3 financial transactions. Thank You, DIAMOND CONSULTING