CONTRACTRATIFIED

TSASC Ratifies Expanded Bond Counsel Agreement with Orrick

NYC-Tobacco Settlement Asset Securitization Corporation logoNYC-Tobacco Settlement Asset Securitization Corporation
Disclosed value
Hourly fees up to $350,000 for the term plus specified flat transaction fees (e.g., $350,000–$535,000 per transaction; $125,000 for tender or exchange offer)
From agendapacket
Document date
Sep 26, 2024
Term
May 21, 2024 – August 31, 2025

The 30-second brief

What it covers

TSASC’s Board ratified a new bond counsel agreement with Orrick, Herrington & Sutcliffe LLP covering May 21, 2024 through August 31, 2025, with hourly fees capped at $350,000 and defined flat fees for future financing transactions. The ratification ensures uninterrupted legal support for bond and credit transactions.

Who holds it

Orrick Herrington & Sutcliffe LLP holds this legal contract with NYC-Tobacco Settlement Asset Securitization Corporation. Its other public contracts on record include work for Rockwood Water District and San Jose City College.

What happens next

Term as filed: May 21, 2024 – August 31, 2025.

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Contract details

Contract type
Legal
Amount
Hourly fees up to $350,000 for the term plus specified flat transaction fees (e.g., $350,000–$535,000 per transaction; $125,000 for tender or exchange offer)
Document date
September 26, 2024
Term
May 21, 2024 – August 31, 2025
Source document
TSASC, Inc. AgendaPacket Meeting of the Members, Audit Committee, Governance Committee, and Board of Directors 2024-09-26 (AgendaPacket)

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Questions about this contract

Who was awarded the legal contract by NYC-Tobacco Settlement Asset Securitization Corporation?

Orrick Herrington & Sutcliffe LLP was awarded this legal contract by NYC-Tobacco Settlement Asset Securitization Corporation, as recorded on September 26, 2024. The contract value is Hourly fees up to $350,000 for the term plus specified flat transaction fees (e.g., $350,000–$535,000 per transaction; $125,000 for tender or exchange offer).

How much is the Orrick Herrington & Sutcliffe LLP contract with NYC-Tobacco Settlement Asset Securitization Corporation worth?

The Orrick Herrington & Sutcliffe LLP contract with NYC-Tobacco Settlement Asset Securitization Corporation is valued at Hourly fees up to $350,000 for the term plus specified flat transaction fees (e.g., $350,000–$535,000 per transaction; $125,000 for tender or exchange offer), covering legal work.

What type of contract is this?

This is a Legal contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in TSASC, Inc. AgendaPacket Meeting of the Members, Audit Committee, Governance Committee, and Board of Directors 2024-09-26 (AgendaPacket), dated September 26, 2024 from NYC-Tobacco Settlement Asset Securitization Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Orrick Herrington & Sutcliffe LLP hold?

Orrick Herrington & Sutcliffe LLP may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is NYC-Tobacco Settlement Asset Securitization Corporation currently buying?

Explore NYC-Tobacco Settlement Asset Securitization Corporation's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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