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Dripping Springs selects bond counsel, financial adviser and engineer; council discusses purchasing policy revisions
Summary
The Dripping Springs City Council approved awards for three RFQs tied to potential Texas Water Development Board financing — naming McCall Parkhurst and Horton LLP for bond counsel, Samco Capital Markets for financial adviser and Burgess and Neiple Inc for engineering — and discussed formalizing purchasing policy updates before final action.
The Dripping Springs City Council on Feb. 3 approved staff recommendations to select firms for three professional services requests for qualifications (RFQs) related to potential Texas Water Development Board (TWDB) financing, and discussed proposed amendments to the city's purchasing policy.
City Attorney Nizilani told the council the RFQs were evaluated on criteria including experience with TWDB programs, team qualifications and capacity to perform. For RFQ 2025-18 (bond counsel), the evaluation committee recommended McCall Parkhurst and Horton LLP; for RFQ 2025-19 (financial advisor), staff recommended Samco Capital Markets Inc.; and for RFQ 2025-20 (engineering for TWDB-funded…
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