The City of Orlando has awarded a contract to Holland & Knight LLP for bond and other debt-related legal services. The contract is for a period of five years, starting from July 1, 2024, and ending on June 30, 2029. The scope of work includes providing legal services related to bond issuance and debt management. The contract also outlines the terms and conditions of the agreement, including payment terms, warranties, and termination clauses. The City of Orlando reserves the right to terminate the contract for convenience, and the contractor is required to maintain certain insurance coverages throughout the contract term. Key points to consider:
• The contract is for a specific period of five years.
• The scope of work includes bond and debt-related legal services.
• The contract outlines payment terms, including a requirement for invoices to clearly indicate the City contract number.
• The City reserves the right to terminate the contract for convenience.
• The contractor is required to maintain certain insurance coverages throughout the contract term.
• The contract includes warranties and termination clauses.