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Awarded contract·City of Peoria, Arizona·Arizona

Bond Counsel Services

Won by Greenberg Traurig, LLP$300kSingle Award
Contract source

Awarded vendors

  • Greenberg Traurig, LLP

Description

The City of Peoria, Arizona has awarded a contract to Greenberg Traurig, LLP for bond counsel services. The contract is for a 5-year term, with an initial term of 2 years and the option to extend for an additional 3 years. The contract is for the provision of bond counsel services, including advice on bond issuance, financing, and other related matters. The contract has a total value of $0, as the city will pay for services on an as-needed basis. The contract was awarded through a competitive sealed proposal process, with Greenberg Traurig, LLP being selected as the successful vendor. Key points about the contract include: * The contract is for bond counsel services, including advice on bond issuance and financing. * The contract is for a 5-year term, with an initial term of 2 years and the option to extend for an additional 3 years. * The contract has a total value of $0, as the city will pay for services on an as-needed basis. * The contract was awarded through a competitive sealed proposal process. * Greenberg Traurig, LLP has extensive experience in providing bond counsel services to municipalities and special districts in Arizona. * The firm has a team of experienced attorneys, including Michael Cafiso, Paul Gales, and Zach Sakas, who will be assigned to the city for the duration of the contract. Some key benefits of this contract include: * The city will have access to experienced bond counsel services, which will help the city to navigate complex financing transactions. * The contract is flexible, allowing the city to pay for services on an as-needed basis. * The contract has a competitive pricing structure, which will help the city to save money on bond counsel services. Overall, this contract is an important step for the City of Peoria, Arizona, as it will provide the city with access to experienced bond counsel services and help the city to achieve its financing goals.

Attached files

Key dates

Starts
10/1/2023
Duration
2 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Government
NAICS
541110
Solicitation №
ACON28923

Contract value

$300,000

The contract value is stated as $0, as the city will pay for services on an as-needed basis. However, based on the scope of work and the experience of the vendor, it is likely that the total value of the contract will be in the range of $100,000 to $500,000 over the 5-year term. This estimate is based on the assumption that the city will require a significant amount of bond counsel services over the term of the contract, and that the vendor will charge hourly rates ranging from $200 to $500 per hour.

AI estimate from the award documents

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