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West Virginia Parkways Authority·West Virginia

Response to questions received: Bond Counsel and Disclosure Counsel Services RFP

Rolling / TBD close$150k – $500kRequest for Proposal
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Description

The West Virginia Parkways Authority is seeking a single law firm to serve as both Bond Counsel and Disclosure Counsel for its upcoming bond issuances. The firm must prepare all bond documentation, ensure compliance with statutory requirements, and handle disclosure and conflict‑of‑interest matters. Proposals must be based on an hourly‑rate model with detailed rate tables for partners, PLLC members, associates, paralegals, and secretarial staff, plus an estimate of total hours. Joint proposals from multiple firms are prohibited, though one firm may perform both services. Electronic research costs are non‑reimbursable; all other expenses must be itemized and justified. The Authority references a 2nd Addendum to its Master Service Subscription Agreement, which governs the contractual terms.

Attached files

Key dates

Opened
4/6/2026
Closes
Rolling / TBD

Last updated

Details

Type
Request for Proposal
Industry
Legal Services
NAICS
541110

Budget estimate

$150,000 – $500,000

Based on typical hourly rates for law firms handling municipal bond counsel (partners $300‑$500/hr, associates $200‑$350/hr) and an estimated 400‑800 total billable hours for a full bond issuance cycle, the total compensation could range from roughly $150,000 to $500,000. The wide range accounts for the size/complexity of the bond issue, the mix of senior versus junior staff, and any additional reimbursable expenses (excluding electronic research).

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