Bond Counsel

The Virginia Resources Authority is soliciting proposals for bond counsel services to provide legal representation and guidance for bond issuances. The scope of work includes developing legal and structural frameworks for bond issues, supervising proceedings through the preparation of resolutions, opinions, and federal tax forms, and reviewing offering documents. The selected counsel must ensure compliance with the Virginia Public Finance Act, SEC Rule 15c2-12, and federal tax and securities laws. The contract is intended for an initial term of three years with two optional one-year extensions. Proposals are due by October 30, 2026, and will be evaluated based on a 100-point system to select one or more fully qualified offerors. Pricing should include normal hourly billing rates and an alternative fee structure for bond issuances, with discrete projects requiring a budget within ten working days of a request. Awardees must maintain professional liability insurance and adhere to strict non-discrimination and conflict-of-interest disclosures. The contract is governed by the laws of the Commonwealth of Virginia, and billing is generally conducted at the conclusion of an assigned matter unless interim billing is approved.