Public Finance and Construction

CEGR Law have collectively worked on hundreds of public financing transactions involving the issuance of more than $1 billion. This experience runs the gamut: from five-figure to nine-figure transactions; from unlimited general obligation bonds to limited tax general obligation bonds, to special tax revenue bonds backed by the pledge of multiple governmental entities; from new money deals to refundings; from small lease-purchase financings to large certificates of participation (COPs); from private placements to limited offerings to public offers, sales tax, tax increment financing (TIFs) and public improvement financing (PIFs) transactions; and both taxable and tax-exempt financings.

We help clients identify the optimal method to raise public funds to serve their purpose, within the constraints of their unique situations. Once that method is identified, we will assist in obtaining the necessary authority to meet that need, whether it be obtaining voter approval or a service plan amendment. We work closely with the client’s financing partners to negotiate and draft borrowing documents that provide the necessary security to lenders without promising more than the client can or wants to deliver.

We also assist our clients in navigating Colorado’s public contracting laws, including the public bidding and awarding process in design-bid-build projects, and with navigating the alternative procedures under design-bid projects. Our experience includes serving as the initial drafters of construction contracts, to preparing “local government riders” to override boilerplate provisions that are not permissible for Colorado governmental entities and to insert local government provisions that the law requires such as performance bonds. As the construction proceeds, the team at CEGR Law is prepared to work closely with our client’s architects, engineers and construction contractors to protect the client’s interests.

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