A competitive sale and negotiated sale are the two methods by which an underwriter can purchase bond from an issuer for resale to investors.  Selecting the wrong method will result in higher total financing costs.  The following resources are intended to assist issuers in their decision making process.
 

WM Financial Strategies
11710 Administration Drive
Suite 7
St. Louis, Missouri 63146
Phone (314) 423-2122
JHoward@munibondadvisor.com