Had the school district already gone through this process for other bonds and selected this firm that way?
@joepyeweed :
I believe for other bonds a lot of the issuance of these has been through the Public Building Commission (PBC). So I am not sure if they had to use a bond underwriter.
Keep in mind there first has to be a feasibility study first before bonds are issued. I fail to see why the district can not seek other financial firms while the study is being completed.
The bigger point is that 150 should compare Nicholas with other firms for expertise and to see if they can save some taxpayer dough. When's the last time that PPS has had a budget in the black?