Welcome to your daily briefing on government developments in Rhode Island. Today we're covering 5 key stories including updates on rhode island government headlines, background & context. Let's dive in.
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BidNet Direct offers a platform to locate all bids, RFPs, and solicitations for the Rhode Island Purchasing Group.
This resource allows Rhode Island government professionals to monitor state government contracts and procurement opportunities in one place.
Rhode Island State Contracts provides a platform for Rhode Island state and local government bids and RFPs.
Government professionals in RI can access opportunities for state and local contracts through this resource.
Reach professionals in this market
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MSRB Rule 15c2-12 requires issuers to file notice of certain events within 10 business days. The list runs to 16 categories now, including some (insolvency of obligated person, modifications to rights of bondholders, financial obligations material to investors) that are easily missed without a tracking process.
A pattern of late or missed event filings can trigger SEC enforcement and impair the issuer's future market access. The reputational cost outlasts the immediate penalty.
Federal FOIA fee waivers must be granted when disclosure is "in the public interest" and not primarily commercial. The four-factor analysis (subject matter, informative value, contribution to public understanding, requester's commercial interest) is well-established but routinely misapplied by agencies as discretionary when it is mandatory if the factors are met.
A properly framed waiver request that addresses each factor explicitly is hard for an agency to deny without creating an appellate record. Most denials lose on appeal when the requester points to the framework.
Before incurring any cost on a federal grant, the question is whether 2 CFR 200 (Uniform Guidance) treats the cost as allowable, allocable, and reasonable. "Reasonable" is the most-litigated of the three; auditors will second-guess it after the fact using a prudent-person standard.
Disallowed costs must be repaid, with interest, and in serious cases trigger pass-through audits of other grants. The standard does not distinguish between intent and oversight.
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