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Brownfields Revolving Loan Fund

Active

77276State & Local

Response Deadline11/27/2026, 08:00:00 AM UTC

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

AI Contract Overview

The Brownfields Revolving Loan Fund is a Cooperative Agreement between the EPA and the CVRPC to establish a fund for remediation projects with a performance period from May 16, 2025, to September 30, 2030. During this term, the CVRPC is obligated to issue at least $720,000 in loan funds, supported by $20,000 for underwriting and servicing costs. Funding is initially restricted to all 20 municipalities in Washington County and three municipalities in Orange County, though eligibility will expand to the entire state of Vermont upon the closeout of the initial agreement. The fund will be hosted in a unique, insured, interest-bearing account and will transition to direct CVRPC management with reduced EPA oversight following the closeout period. The scope of work encompasses the administration of the EPA Brownfield Revolving Loan Fund Grant and the EPA Brownfield Assessment Coalition Grant. Compliance requirements include adherence to the Clean Air Act, the Solid Waste Disposal Act, and the State of Vermont Cybersecurity Standard. Subrecipients must provide annual reports within 45 days of their fiscal year end and undergo a Single Audit if federal assistance expenditures reach $1,000,000. The agreement incorporates strict prohibitions on certain telecommunications equipment under Public Law 115-232 and requires adherence to Vermont's Public Records Act and hydrofluorocarbon regulations. Additionally, the CVRPC maintains the right to cancel or suspend the agreement if federal or local appropriations become insufficient.

General Info

EPA and CVRPC agreement to fund and manage brownfield remediation projects through 2030.

Agency

Vermont → Department of Economic Development

NAICS

924110 - Administration of Air and Water Resource and Solid Waste Management Programs

Place of Performance

VT, USA

Set-Aside

NONE

Documents

specifications

High

AI Contract Breakdown

Uniform Contract Format

Timeline

PhaseSolicitation

PostedOct 30

Solicitation

Response DeadlineNov 27

Submission deadline

Response Deadline

11/27/2026, 08:00:00 AM UTCin 27 days

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Organization & Contact Information

AgencyVermont → Department of Economic Development

Contacts1 person available

OfficeVT, USA

Organization / AgencyVermont → Department of Economic Development

Office AddressVT, USA

Contacts

contact@example.gov

+1 (555) 000-0000

Full Description

A Cooperative Agreement (CA) with EPA governs CVRPC’s activities to set up the fund and initiate a first set of remediation projects. The grant performance period is 05/16/2025 - 09/30/2030. During this term, CVRPC is obligated to issue at least $720,000 of loan funds. Aside from this dollar amount, the exact number of projects and dollar value of loans and grants is subject to proposals received. In addition to the interest income received from the RLF loan balance, CVRPC has $20,000 to commit to covering all underwriting and servicing costs. RLF grant funds disbursed from EPA to CVRPC must be hosted in an interest-bearing and insured account unique to CVRPC’s current Cooperative Agreement with EPA under the terms of the Cooperative Agreement. Following closeout of the Cooperative Agreement, the RLF will continue under the direct management of CVRPC with reduced oversight by EPA (though supplemental EPA funding to the RLF with associated requirements may be provided at any time). During the Cooperative Agreement term, only projects in all 20 municipalities of Washington County and three municipalities of Orange County (Williamstown, Orange and Washington) will be eligible for funding, but upon closeout of the initial CA, projects across the entire state of Vermont will be eligible for RLF funding. Cleanup projects participating in the RLF will be funded by a variety of sources, including grants from the EPA, the State of Vermont, or its assignees, from property owners and prospective purchasers, and other funding sources to be determined. Note that the CVRPC does not own any of the properties which would receive loan and subgrant funds, and generally CVRPC will not seek such ownership except in extreme circumstances.