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Denver Amends Contract with Hilltop Securities, Adding $150,000 for Financial Advisory Services

  • When: 2025/11/24
  • Address: Citywide, Denver, CO
  • City: Denver
  • State: CO
  • Category: Contract
  • Subcategory: Contract Amendment
  • Subcategory-Type: Extension
  • Asset Class: Commercial
  • Property Type: Urban Office
  • Size (Dollars): $150,000

The city is approving the fourth amendment to its contract with Hilltop Securities, Inc. for municipal financial advisory services. This amendment adds $150,000 to the contract, bringing the new total to $1,350,000. It also extends the contract term by nine months to a new end date of September 30, 2026. Hilltop Securities has served as the city's financial advisor since 2018, providing guidance on non-airport financial obligations, including Excise Tax Revenue Bonds, General Obligation Bonds, and Certificates of Participation. The extension ensures continuity for ongoing financial transactions while the Department of Finance prepares a comprehensive RFP for a new contract, expected in Q1/Q2 2026.

Source

Applicant - Hilltop Securities, Inc.


Jason Simmons

City Representative - Laura Swartz