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Identification

Reference Number: 22039891
Request ID:
Date First Offered01/19/2017
Title:Bond, Issuer's and Underwriter's Counsel

Agency Reference Number:2016-HDA-LE-021
Agency:HDA - Housing Development Authority
Purchasing Agency:HDA - Housing Development Authority
Purchasing Agency SPO:Nanzi Cantero

Status: Closed

Overview

Description and Specifications:
The Illinois Housing Development Authority ("Authority") is giving intent to award contracts to the following firms to provide Bond, Issuer's, and Underwriter's Counsel services as listed below as well as to inform that several vendors who are identified in this notice have disclosed a potential conflict on interest that has been reviewed and cleared as required by the Illinois procurement code.
Issuer’s Counsel: Mayer Brown LLP

Bond Counsel – All Programs:
Hawkins Delafield & Wood LLP
Kutak Rock LLP

Bond -Conduit Only:
Burke, Burns, & Pinelli, LTD
Chapman & Cutler LLP
Foley & Lardner LLP
Greenberg Traurig LLP
Ice Miller LLP
Locke Lorde LLP
Nixon Peabody
Schiff Hardin, LLP
Pugh, Jones, & Johnson, P.C.

Underwriter’s Counsel:

Burke, Burns, & Pinelli, LTD
Chapman & Cutler LLP
Foley & Lardner LLP
Greenberg Traurig LLP
Ice Miller LLP
Locke Lorde LLP
NixonPeabody
Schiff Hardin LLP
Miller, Canfield, Paddock, & Stone, P.L.C


The Authority will potentially post one additional Firm to be used for both Bond- Conduit only and Underwriter's Counsel under separate Addendum.

Key Information

Notice Type:Award to Other Than Lowest Responsible Bidder

Published:05/25/2017
Notice Expiration Date:09/29/2017

Determination that the Anticipated

Cost is Fair and Reasonable:
The firms listed in this notice did not offer the lowest price of all the responding firms, however, the services contemplated in the solicitation are professional and artistic in nature, with the individuals and firms being qualified by education, experience, and technical ability. The firms being awarded scored the highest on the evaluation criteria for their respective categories of legal work. The Authority believes that the rates listed are fair and reasonable.

Professional & Artistic:Yes
Small Business Set-Aside:No

Does this solicitation contain a BEP or DBE requirement?:Yes

Does this solicitation contain a Veteran requirement?:No

Relevant Category:General Services

Total Amount of Award:$3,800,000.00 (Total Dollar Value Only/Includes Any Renewal Options)
Estimated/Actual Value Description:Total Amount of award is an Estimation based off the following fees:

Issuer's Counsel:
Mayer Brown LLP

Fixed Fee: $17,500
Issuer's Counsel Approved Fees:
A. Single Family Bond Issuance
$30,000
B. Housing Revenue Bond Issuance
$30,000
C. Housing Bond Refunding
$25,000
D. Multifamily Housing Revenue Bond Issuance
$25,000

Bond Counsel - All Programs
Hawkins Delafield & Wood, LLP
Kutak Rock LLP

Bond -Conduit Only:
Burke, Burns, & Pinelli, LTD
Chapman & Cutler LLP
Foley & Lardner LLP
Greenberg Traurig LLP
Ice Miller LLP
Locke Lorde LLP
Nixon Peabody
Schiff Hardin, LLP
Pugh, Jones, & Johnson, P.C.

Fixed Fee: $50,000
Bond Counsel
A. Single Family Bond Issuance
$65,000
B. Housing Revenue Bond Issuance
$65,000
C. Housing Bond Refunding
$50,000
D. Multifamily Housing Revenue Bond Issuance
$50,000

Underwriter’s Counsel:

Burke, Burns, & Pinelli, LTD
Chapman & Cutler LLP
Foley & Lardner LLP
Greenberg Traurig LLP
Ice Miller LLP
Locke Lorde LLP
Nixon Peabody Schiff Hardin Miller, Canfield, Paddock, & Stone, P.L.C

Underwriter's Counsel Approved Fees:
Fixed Fee: $45,000
A. Single Family Bond Issuance
$50,000
B. Single Family Housing Revenue Bonds Financing (
$50,000
C. Housing Bond Refunding
$45,000
D. Multifamily Housing Revenue Bond Issuance
$45,000
Length of Initial Term:36
Contract Begin Date:07/01/2017
Contract End Date:06/30/2020
Renewal Terms:one 2 year

Bidder(s)


Number of Responding Bidders:22
Number of Unsuccessful Bidders:0
Total Number Awarded:13

Listing of All Bidders/Offerors Considered But Not Selected:
Source Selection:RFP

Vendor(s) Selected for Award
Vendor NameAmount of Award BEP Goal % DBE Goal %
Schiff Hardin LLP$200,000.005%0%
Pugh, Jones, & Johnson P.C.$200,000.00100%0%
Nixon Peabody LLP$200,000.000%0%
Miller Canfield Paddock & Stone PLC$200,000.0025%0%
Mayer Brown LLP$1,200,000.005%0%
Locke Lorde LLP$200,000.0020%0%
Kutak Rock LLP$400,000.005%0%
Ice Miller LLP$200,000.0010%0%
Hawkins Delafield & Wood LLP$200,000.000%0%
Greenberg Traurig LLP$200,000.005%0%
Foley & Lardner LLP$200,000.005%0%
Chapman and Cutler LLP$200,000.000%0%
Burke Burns & Pinelli LTD$200,000.00100%0%

Notice Contact
Name: Marguerite Winters
Street Address:111 East Wacker
Suite 1000
City:Chicago
State:IL
Zip Code:60601
Phone: 312.836.5391
Fax Number:312.832.2169
EMail Address:mwinters@ihda.org

Class Code

Class Codes:

NIGP Code

NIGP Commodity/Service Code:961 49 Legal Services; Attorneys


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