TRANSMITTAL LETTER FOR BOARD MEETING OF AUGUST 4, 2016
COMMITTEE ON PROCUREMENT
Mr. David St. Pierre, Executive Director
Title
Report on advertisement of Request for Proposal 16-RFP-14 Bond Counsel Services for General Obligation Capital Improvement Bonds Evidenced by Loans from the IEPA, estimated cost $275,000.00, Account 401-50000-612430, Requisition 1429743
Body
Dear Sir:
Request for Proposal 16-RFP-14 documents have been prepared for Bond Counsel Services Related to the District Financing Program with the Illinois Environmental Protection Agency Water Pollution Control Loan Program, at the request of the Treasury Department.
The purpose of this contract is to provide the District with bond counsel services related to the District’s financing program with the Illinois Environmental Protection Agency Water Pollution Control Loan Program. The District intends to authorize up to $500 million of general obligation capital improvement bonds representing the loans which will be bonded over the next five years. This work does not relate to a bond sale in the capital market.
The estimated cost for this RFP is $275,000.00.
A bid deposit is not required for this RFP.
Appendix A will not be included in this RFP because it does not provide practical opportunities for direct or indirect subcontracting.
The tentative schedule for this contract is as follows:
Advertise August 17, 2016
Proposals Received September 16, 2016
Award December 1, 2016
Completion December 9, 2016, 2021
Funds for 2016 are available in Account 401-50000-612430.
Requested, Mary Ann Boyle, Treasurer, MB: TN
Recommended, Darlene A. LoCascio, Director of Procurement and Materials Management
Respectfully Submitted, Barbara J. McGowan, Chairman Committee on Procurement
Disposition of this agenda item will be documented in the official Regular Board Meeting Minutes of the Board of Commissioners for August 4, 2016