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Finance Authority of Maine Bond Counsel for Private Student Loan Tax Exempt Bond Issuances - 2026

Finance Authority of Maine | State of Maine
Due
Oct 30, 2026
10 days left
Posted
Sep 18, 2026
Contract term
3 years
Primary contact
Christopher Roney
10 days left to submitDue Oct 30

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THE 30-SECOND BRIEF

What they're buying

The Finance Authority of Maine (FAME) is requesting proposals from qualified law firms to serve as Bond Counsel for its tax-exempt alternative student loan financing activities, specifically for The Maine Loan program. The selected law firm will be appointed for an initial period of three years, commencing in December 2026, with up to two two-year contract extensions. Services include advisory assistance, document preparation for MELA Bond issues (such as bond resolutions, indentures, and official statements), guidance on bond market legal procedures, litigation representation, and tax and arbitrage rebate compliance advice. Proposals must be submitted via email to [email protected] by October 30, 2026, at 4:30 PM EDT. An optional question submission deadline is set for October 7, 2026.

How it's scored

Qualifications and Experience (35), Cost Proposal (35), Proposal Responsiveness (30)

SUMMARY

The Finance Authority of Maine (FAME) is requesting proposals from qualified law firms to serve as Bond Counsel for its tax-exempt alternative student loan financing activities, specifically for The Maine Loan program.

The selected law firm will be appointed for an initial period of three years, commencing in December 2026, with up to two two-year contract extensions. Services include advisory assistance, document preparation for MELA Bond issues (such as bond resolutions, indentures, and official statements), guidance on bond market legal procedures, litigation representation, and tax and arbitrage rebate compliance advice. Proposals must be submitted via email to [email protected] by October 30, 2026, at 4:30 PM EDT. An optional question submission deadline is set for October 7, 2026.

EVALUATION CRITERIA

Qualifications and Experience35
Cost Proposal35
Proposal Responsiveness30
Duration
24 months
Reported agency
Finance Authority of Maine

Questions about this RFP

How do I respond to this RFP from Finance Authority of Maine | State of Maine?

Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is October 30, 2026. Submissions should be delivered to: [email protected]. For questions, contact Christopher Roney.

Can small businesses or minority-owned firms bid on this RFP?

Most government agencies, including Finance Authority of Maine | State of Maine in ME, encourage participation from small businesses, minority-owned, women-owned, and disadvantaged business enterprises (MBE/WBE/DBE). Check the full solicitation for any small business participation goals.

What happens after the RFP submission deadline?

After the deadline, the issuing agency reviews all submissions against the stated evaluation criteria. This typically includes a compliance check, technical evaluation, cost analysis, and may involve oral presentations with shortlisted vendors.

Can I ask questions about this solicitation before submitting?

Yes, most solicitations allow vendors to submit questions during a designated period. The primary contact is Christopher Roney. Questions and answers are typically shared with all prospective bidders.

Show 5 more questions

What are the evaluation criteria for this solicitation?

This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Qualifications and Experience (35), Cost Proposal (35), Proposal Responsiveness (30)" Vendors should carefully align their proposals with each criterion to maximize their score.

Where can I find more RFPs from Finance Authority of Maine | State of Maine?

All active and historical solicitations from Finance Authority of Maine | State of Maine are tracked and searchable. As a state agency, Finance Authority of Maine | State of Maine regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.

What is the contract term for this solicitation?

The anticipated contract term is 3 years. Contract terms may include renewal options.

Is this solicitation still open for submissions?

Based on the posted deadline of October 30, 2026, this solicitation appears to still be accepting submissions. Deadlines may change through amendments or addenda, so always verify the current status directly with the issuing agency before preparing your response.

What documents are required to bid on this RFP?

Requirements vary by solicitation, but common documents include a technical proposal, cost/price proposal, proof of insurance, relevant certifications, past performance references, and any forms specified in the solicitation. Review the full document from Finance Authority of Maine | State of Maine for the complete list.

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