Lender's Counsel

The Virginia Resources Authority is soliciting proposals for Lender's Counsel to provide legal services for its various Revolving Funds, including the Virginia Water Facilities, Virginia Water Supply, Tobacco Region, Virginia Community Flood Preparedness, Resilient Virginia, and Virginia Local Government Direct Loan Program, with potential inclusion of the Virginia Airports Revolving Fund. The scope of work involves drafting loan agreements and grant forms, coordinating with borrower counsel on bond issuances and legal opinions, preparing necessary resolutions and notices, and providing advisory services on covenants and compliance. The selected counsel must maintain expertise in the Virginia Public Finance Act and the Virginia Water and Waste Authorities Act. The contract is for an initial term of three and a half years with two optional one-year renewals and is governed by the laws of the Commonwealth of Virginia. Award selection will be based on qualifications, resources, and a record of performance with similar governmental entities, with a preference for DSBSD-certified small businesses. Offerors must provide their own billing rates and methods, as no total contract value is specified. Key requirements include maintaining professional liability insurance, certifying compliance with federal and state non-discrimination laws, and adhering to strict PII safeguarding protocols. Proposals must be submitted electronically via email or the eVA portal by October 30, 2026.