Bankruptcy: The billable rate shall not exceed $500 for hiring an experienced, local bankruptcy… and 1 more item

Harris & Harris Ltd has been awarded an Agency Optional Contract (PO05028878) by the Virginia Department of Taxation, effective March 15, 2025, with a completion date of March 14, 2026. The contract has a cumulative value of $475,052.00 and encompasses two primary line items: a monthly bankruptcy and accounts administration fee, and a specialized legal service for bankruptcy attorney representation.

The first line item involves a 12-month administrative service at a monthly rate of $38,921, delivered to Oscar Quijano. The second line item provides for legal bankruptcy services at a fixed billable rate of $500 per hour, with 16 hours allocated. The contract specifies that attorneys must be experienced, local, and in good standing, specifically for appearances, hearings, and legal motions in the Eastern and Western District Courts of Virginia. A notable contract provision prohibits any markup on the pass-through billable attorney rate, with the potential for reassessment of the preferred attorney list after initial service delivery.