Bond Counsel

The state of Arkansas, through the Arkansas Department of Transformation and Shared Services Office of State Procurement (TSS OSP) on behalf of the Arkansas Natural Resources Commission (ANRC), is seeking responses for a contract to provide Bond and Program Counsel services. The contract will support the issuance of bonds under the Clean Water Revolving Loan Fund, Drinking Water State Revolving Fund, and the Arkansas Water, Waste Disposal and Pollution Abatement Facilities General Obligation (G.O.) Bond Program. The initial contract term is for 4 years, with the option to renew for up to 3 additional 1-year terms. Prospective contractors must have a minimum of 5 years' experience as bond counsel for municipal, pooled, EPA, and complex bond financings. Key services include attending meetings, preparing borrowing documentation, issuing approving opinions, and providing ongoing legal consultation. Pricing will be negotiated with the apparent successful contractor after the evaluation of responses, which are due by March 21, 2023.

The RFQ and proposal documents do not indicate any set-aside designations or restrictions on the types of organizations that can respond. No incumbent vendors or current contractors are listed, and no information is provided on any existing infrastructure or technology that requires integration. The RFQ and proposal documents also do not specify any award values or budget ranges for the contract.