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  5. ›RFP 161155 Trustee Services

Virginia Department of Transportation·Virginia

RFP 161155 Trustee Services

Closes 9/18/2026$500k – $1.2MRequest for Proposal
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Description

The Virginia Department of Transportation is seeking proposals to provide trustee services related to the I‑66 Inside the Beltway and Virginia Passenger Facility Revenue Bonds. The work will involve fiduciary oversight, financial reporting, and bond compliance activities for a major transportation financing program. This contract is open for submission until mid‑September 2026, and interested firms must demonstrate experience with public‑sector bond administration and financial management. • Provide fiduciary and trustee services for revenue bond issuances • Oversee compliance with bond covenants and reporting requirements • Manage cash flows, escrow accounts, and disbursements for the I‑66 project • Deliver periodic financial statements and audits to VDOT and bondholders • Ensure adherence to state and federal regulations governing transportation revenue bonds

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Joshua Saunders

Key dates

Opened
9/3/2026
Closes
9/18/2026

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
541618
Solicitation №
RFP-127630

Budget estimate

$500,000 – $1,200,000

The solicitation does not disclose a contract value, but comparable trustee services for large transportation revenue bonds typically range from $500,000 to $1,200,000 for the contract period. Factors influencing the estimate include the complexity of the I‑66 project, the volume of bond transactions, required reporting frequency, and the need for specialized financial and compliance expertise.

AI estimate from the solicitation

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