The Vendor is required to provide of bond counsel services for one or more of the following executive agencies, or groups of executive agencies, under the governor’s jurisdiction.
- Office of the Budget: Representative financings consist principally of: (i) State general obligation debt issued to finance capital projects (including those in approved capital budgets), debt approved by voter referendum, debt issued in response to disasters, and, debt issued in anticipation of the receipt of tax revenues; and, (ii) revenue-backed debt as authorized by the General Assembly.
- The borrowers (conduit or otherwise) or project users may include Commonwealth agencies, local governmental units, municipal authorities, industrial and commercial development authorities, industrial development agencies, nonprofit entities, for profit entities and/or other private owners or lessees of projects eligible for taxable or tax-exempt financing.
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