Financial, Disclosure Counsel Services

The City of St. Petersburg, Florida, has entered into an agreement with GrayRobinson, P.A. for financial and disclosure counsel services. The scope of work includes advising the city on disclosure requirements, assisting with the preparation of official statements, and providing legal opinions. The agreement has a term of 11 years, from June 23, 2017, to March 19, 2028. The contract value is estimated to be $660,000. Key points of the agreement include: • The city shall pay GrayRobinson, P.A. a fee of 75% of the amount charged by Bond Counsel related to a bond transaction. • GrayRobinson, P.A. shall maintain professional liability insurance with a minimum coverage of $1 million per occurrence. • The agreement may be terminated by either party with written notice. • GrayRobinson, P.A. shall comply with all federal, state, and local laws and regulations.