RFQs and RFP

The Office of Financial Management (“OFM”) of the Finance and Administration Cabinet of the Commonwealth of Kentucky (the “Cabinet”), on behalf of the Kentucky Infrastructure Authority (“KIA” or the “Authority”), is requesting proposals from prequalified firms to provide bond counsel and related general legal services to the Authority.  Pursuant to KRS 45A.850, the Authority seeks to hire one (1) bond counsel firm to provide the desired services for the engagement period beginning July 1, 2025 and ending June 30, 2026, with an option to renew on the same terms and conditions for one additional fiscal year at the discretion of OFM and the Authority.

The firm engaged to perform bond counsel services to the Authority will be working with the Authority, OFM, the Trustee, a financial advisor (if applicable), and a senior underwriting firm in a negotiated transaction. The firm selected to perform bond counsel services will be responsible for duties which include, but are not limited to: providing legal opinions and legal advice related to program and loan documentation, debt structuring and disclosure, reviewing the Preliminary Official Statement (POS) and the Official Statement (OS) in a negotiated transaction, as well as coordinating the closing of any bond issues, coordinating the sale and closing of securities, identifying tax issues including arbitrage regulations and ongoing status of project tax exemption, consulting with the Authority, the trustee and the Commonwealth, providing information as requested to the rating agencies, attending/testifying at legislative committee meetings, assisting in presentations as needed, overseeing the printing of bond certificates, drafting and circulating required issuance documents for approval, assisting with compliance of any continuing disclosure requirements as well as preparing official transcripts in a timely manner and assisting in the review of draft legislation related to the Authority. In the event that the Authority issues bonds on a competitive basis the bond counsel firm engaged for the transaction will be required to prepare the POS and the OS as part of their duties.