This Solicitation opportunity from Colorado was posted on October 16, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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RFQ for Bid and Disclosure Counsel

Closed

147State & Local

Submission Closed11/15/2024, 12:00:00 AM UTC

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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NAICS: 541110

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AI Contract Overview

Grand County, Colorado, is soliciting qualifications and fee quotes from law firms to serve as bond and disclosure counsel for the issuance of Certificates of Participation, Series 2025. The primary purpose of this financing is to establish a project fund of approximately 22 million dollars to support the construction of a new Emergency Management Services Facility. While the total project cost is estimated at 26 million dollars, the remaining balance will be covered by anticipated grant funding or available cash reserves. The 2025 COPs will be structured through base rental payments made by the County to a Trustee under a real property lease, with payments subject to annual budgetary appropriation. Interested firms must demonstrate their experience with similar Colorado local government transactions and provide detailed personnel assignments and fee proposals. The County maintains full discretion to negotiate with firms, reject all responses, or terminate the proposed financing at any time. Proposing firms are advised that they will have no recourse against the County or its representatives for any expenses or liabilities should the 2025 COPs not be delivered. This solicitation was posted on October 16, 2024, with a final response deadline of November 15, 2024.

General Info

Grand County seeks bond and disclosure counsel for 22 million dollar facility financing.

Agency

Colorado → Grand County

NAICS

541110 - Offices of Lawyers

Place of Performance

CO, USA

Set-Aside

NONE

Documents

Grand County RFQ for Bond and Disclosure Counsel Services 2024

rfq

High

AI Contract Breakdown

Uniform Contract Format

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Timeline

PhaseClosed

PostedOct 16

Solicitation

Response DeadlineNov 15

Deadline has passed

Submission Closed

11/15/2024, 12:00:00 AM UTC

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Organization & Contact Information

AgencyColorado → Grand County

ContactsNo contacts available

OfficeN/A

Organization / AgencyColorado → Grand County

Office AddressN/A

ContactsNo contact information available

Full Description

Grand County, Colorado (the “County”) is seeking qualifications and fee quotes from prospective law firms to provide bond and disclosure counsel services regarding the anticipated issuance of Certificates of Participation, Series 2025 (the “2025 COPs”). Proceeds of the 2025 COPs will be used to finance a project fund of approximately $22 million to finance the construction of a new Emergency Management Services (“EMS”) Facility. The County anticipates the total cost of the new facility to be approximately $26 million, although it expects to finalize project costs upon executing a Guaranteed Maximum Price contract for the project later in 2024 or early in 2025. The difference in proceeds between the project fund from the 2025 COPs and the anticipated total cost will be funded with anticipated grant funding that will be received by the County throughout 2025. The County has also identified available cash to cover these project costs if the total amount of anticipated grant funding is not received.The 2025 COPs will be paid from base rental payments to be made by the County to a Trustee pursuant to the terms of a lease of real property. The payment of base rentals will be subject to annual budgetary appropriation by the County.The County reserves the right to reject all responses, to negotiate with any prospective firm, and to terminate the proposed financing at any time. If the 2025 COPs are not delivered for any reason, the proposing firms will have no recourse against the County, its financial advisor, or any of their affiliates, agents or representatives for any expenses, losses, damages, or liability incurred.