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Bond Counsel Services RFQ

ID: OGC-2024-15 • State: Pennsylvania

Description

The Pennsylvania Governor's Office of General Counsel ( OGC ) has established a general pool of qualified Law Firms to serve as Bond Counsel, from time to time, to the Commonwealth of Pennsylvania Office of the Budget and other agencies and authorities subject to the General Counsel's authority, including but not limited to the Pennsylvania Economic Development Financing Authority; Pennsylvania Energy Development Authority; Pennsylvania Housing Finance Agency; Pennsylvania Infrastructure Investment Authority; Pennsylvania Industrial Development Authority; Pennsylvania Higher Educational Facilities Authority; State Public School Building Authority; and the State System of Higher Education. The Bond Counsel Pool will be reopened for interested firms to submit Statements of Qualifications upon request. All interested parties should submit their qualifications for inclusion in the Bond Counsel Pool. Submissions prior to October 26, 2023, are being removed from the Bond Counsel Pool. This Request for Qualifications ("RFQ") is issued pursuant to Section 518 of the Commonwealth Procurement Code, 62 Pa.C.S. 518, in accordance with Executive Order 2015-2 dated January 20, 2015, to specify a uniform format for Statements of Qualifications to be submitted by Law Firms to be qualified in the new Bond Counsel Pool. The Commonwealth will consider the Statements of Qualifications submitted in response to this RFQ and will establish a general Bond Counsel Pool of Law Firms meeting the Minimum Qualifications contained herein. Subject to the exceptions and conditions set forth in Executive Order 2015-2, when a specific financing transaction is identified, the Commonwealth issuer ("Agency") will issue a request for proposals ("RFP") with the specific requirements (the "Specific Qualifications") relating to the transaction and the timeframe for responses to the Bond Counsel Pool. Only Law Firms qualified in the Bond Counsel Pool may respond to the RFP. The Agency will select the bond counsel firm determined to be the best qualified based on the evaluation factors set forth in the RFP. The final amount of fair and reasonable compensation for each engagement shall be determined through negotiation.
Background
The Pennsylvania Governor’s Office of General Counsel (OGC) has established a general pool of qualified Law Firms to serve as Bond Counsel for the Commonwealth of Pennsylvania Office of the Budget and other agencies under the General Counsel’s authority. This includes various authorities such as the Pennsylvania Economic Development Financing Authority and the Pennsylvania Housing Finance Agency.

The purpose of this Request for Qualifications (RFQ) is to invite Law Firms to submit their qualifications for inclusion in this Bond Counsel Pool, which will assist in meeting the financing goals of the Commonwealth.

Work Details
Law Firms are required to submit Statements of Qualifications demonstrating their ability to meet Minimum Qualifications, which include: being listed in 'Municipal Bond Attorneys', having at least one member admitted to practice law before the Supreme Court of Pennsylvania, maintaining professional liability insurance, providing evidence of experience as bond counsel for governmental entities, and detailing qualifications and experiences of attorneys on the bond counsel team.

Additionally, firms must disclose any litigation or conflicts of interest and agree to receive fees determined by OGC. The services provided will include legal counsel related to various financing transactions initiated by Commonwealth issuers.

Period of Performance
Inclusion in the Bond Counsel Pool commences upon execution of the Contract for Legal Services. The RFQ qualification process remains in effect at OGC's discretion, with no specified end date provided.

Place of Performance
The services will be performed for various agencies and authorities within the Commonwealth of Pennsylvania.

Overview

Opportunity Type
R3-RFQ
Opportunity ID
OGC-2024-15
Response Start Date
Sept. 5, 2024
Response Deadline
Sept. 6, 2024 Past Due
Date Posted
Aug. 28, 2024
Est. Value Range
Experimental
$5,000,000 - $20,000,000 (AI estimate)
Agency Distribution
High
Source
On 8/28/24 Office of General Counsel in Pennsylvania issued R3-RFQ Bond Counsel Services RFQ with ID OGC-2024-15 due 9/5/24.

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Documents

Posted documents for Bond Counsel Services RFQ

Additional Details

Duration
1 year
Solicitation Information
Bids must be received by the purchasing agency on the Solicitation Due Date no later than the Solicitation Due Time as set forth in the solicitation. Any conflict between the dates and/or times contained in the solicitation itself or its attachments and this advertisement shall be resolved in favor of the solicitation.

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