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Awarded contract·Jacksonville Aviation Authority·Florida

Bond and Tax Counsel Services

Won by Butler Snow LLP$1MAwarded 10/15/2024Single Award
Contract source

Awarded vendors

  • Butler Snow LLP

Description

This contract awards Butler Snow LLP the provision of bond and tax counsel services to the Jacksonville Aviation Authority for a four‑year term. The legal firm will advise on municipal bond issuance, provide tax opinions, draft and negotiate bond documentation, and deliver ongoing counsel throughout the bond process. The agreement was executed on 15 October 2024 following an OGC approval on 29 July 2024, and it runs from 29 July 2024 through 28 July 2028. No monetary amount or payment schedule is disclosed in the excerpt. • Scope: Municipal bond legal advice, tax counsel, document preparation, and representation. • Duration: Four‑year term with no stated renewal options. • Vendor: Butler Snow LLP, a Mississippi‑based law firm specializing in bond and tax matters. • Agency: Jacksonville Aviation Authority, Florida, handling airport‑related financing. • Procurement: Competitive RFP process (RFP 24‑10‑31001) leading to a sole award.

Attached files

Key dates

Intent to award
10/15/2024
Awarded
10/15/2024
Starts
7/29/2024
Ends
7/28/2028
Duration
4 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Legal Services
NAICS
541110
Solicitation №
RFP No. 24-10-31001

Contract value

$1,000,000

The contract does not disclose a dollar amount. Typical municipal bond counsel engagements for a mid‑size airport authority can range from $150k to $250k per year, depending on issuance volume and complexity. Over a four‑year term, a reasonable ball‑park estimate would be between $600k and $1 million. Assuming moderate issuance activity, an estimate of roughly $1 million total (about $250k per year) is plausible. Factors influencing the value include the number of bond issuances, the depth of tax advisory work, and any supplemental litigation or advisory services required.

AI estimate from the award documents

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