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Bond Counsel Services

Richmond, VirginiaVirginia, USADue Friday, October 30, 2026
Client
Richmond, Virginia
RFP Number
LEGAL-18036
Posted
10/1/2026
Category
Legal Services
Budget
Looking for Proposals
NAICS
—
Set-aside
—
Contact
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Description

AI Generated

The Virginia Resources Authority (VRA) seeks a vendor to provide offsite bond counsel services. Requested duties include developing legal and structural frameworks for bond issues, supervising bond proceedings and document preparation, reviewing local borrower documents, and coordinating offering documents. Only onshore USA organizations are eligible to bid. The contract period will run for three years. Proposals must be submitted digitally via email to Stephanie Jones at [email protected] or online through eVA by October 30, 2026, at 3:00 p.m. EST. Vendors must submit all written questions to Stephanie Jones by email no later than October 16, 2026. VRA will evaluate proposals based on experience and professional qualifications (35 points), capacity to provide services (35 points), pricing (20 points), and SWaM qualification (10 points). Selected vendors must propose a fair and reasonable fixed schedule of fees, including hourly rates and alternative fee structures for bond issuances. VRA is looking for proposals, and specific budget amounts are not disclosed.

Key solicitation details

AI-extracted from 2026_VRA_Bond_Counsel_RFP.pdf. Confirm against the original documents before bidding.

The Virginia Resources Authority is soliciting proposals from qualified attorneys in private practice to establish an agreement to provide bond counsel services for its financing programs. VRA intends to enter into a contract with the selected firm or firms for a term of three years with two one-year options. Qualified attorneys in private practice are eligible to submit proposals.

Issued by
Virginia Resources Authority (VRA)
Questions due
on or before 3:00 p.m., EST, on October 16, 2026
Proposals due
October 30, 2026, at 3:00 p.m., EST
How to submit
Electronic via Email or eVA
Submission details
The proposal package should be emailed to [email protected], or submitted through eVA using only one method.
Contract term
three (3) years with two (2) one-year options
Place of performance
Offsite
Insurance and bonding
Professional liability insurance with an insurance company and in an amount acceptable to VRA, maintained during the term of the contract.
Funding
Federal grants with state matching funds or state appropriations

How proposals are evaluated

Experience and professional qualifications35
SWaM Qualification10

Scope of work

  • Assist in developing the legal and structural framework for any bond issues.
  • Supervise bond proceedings, through the preparation of various documents necessary or appropriate for authorization, issuance, sale and delivery of bonds.
  • Preparation and/or review of necessary local borrower documents, including local government financing agreements, financing leases, and tax certificates.
  • Coordinate the preparation and management of offering documents throughout the review process and incorporate comments from the financing team.
  • Provide guidance and direction to VRA staff to ensure compliance with federal tax and securities laws and regulations.
  • Make recommendations for enhancements to VRA programs and help in the development of new programs.
  • Advise the Authority on matters relating to outstanding obligations, such as changes in use, restructurings, refinancings, etc.
  • Pursue validation proceeding, private letter rulings, or dispute resolution as may be needed.

Minimum qualifications

  • Attorneys in private practice
  • Certify that all attorneys providing services are members in good standing with their respective bars
  • Demonstrated expertise and significant experience in serving clients such as governmental entities and authorities
  • Record of highly satisfactory performance
  • Full force and effect professional liability insurance acceptable to VRA

Documents to include with the bid

  • Completed Page 2 of RFP Package
  • Resumes for each person
  • Certification of standing with respective bars and commitment to due care
  • Description of experience and knowledge
  • Description of public agency experience and knowledge
  • List of three (3) references for comparable work in the last five (5) years
  • Completed State Corporation Commission Form (Attachment A)
  • DSBSD SWaM certification documentation if applicable
  • Pricing and proposed fee schedule

Source and verification

Original source

Craxy AI summarizes this opportunity from the original listing and available solicitation documents. Confirm submission instructions and amendments with the issuing source before responding.

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