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This Solicitation opportunity from Connecticut was posted on October 10, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

CHESLA Refi CT Financing Vehicles

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CHESLA10102024State & Local

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NAICS: 561110
New
SLED
Child & Eldercare Committee Oversight
Solicitation # 77250
The State of Vermont Department of Human Resources is seeking one or more contractors to provide comprehensive administrative and facilitative support for the Child and Eldercare Committee. The scope of work includes managing committee meeting preparations such as announcements and minutes, overseeing the entire lifecycle of child and eldercare reimbursement applications from distribution to the drafting of approval or denial letters, acting as a liaison with Child Care Resource and Referral contractors, and promoting the benefit through communications and benefit fairs. The solicitation, posted on October 26, 2026, requires electronic submissions by November 13, 2026, in a single searchable PDF. Evaluation will be based on the best interest of the state, considering the bidder's methodology, experience, cost, and timeline, with preference given to resident bidders. Contractors must adhere to strict security standards consistent with NIST SP 800-53 and FIPS 200, and they must securely dispose of state data within thirty days of a request or contract termination. Financial and compliance requirements include net 30 payment terms and mandatory registration with the Vermont Secretary of State. Bidders must provide a price schedule based on hourly labor rates and may be required to submit a Best and Final Offer or participate in presentations. Depending on the bid amount, contractors may need to provide certifications regarding lobbying, climate change considerations, and worker classification compliance, as well as detailed subcontractor reporting including workers compensation insurance providers.
Department of Economic Development

POSTED

2 days ago

DEADLINE

in 16 days

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The Connecticut Higher Education Supplemental Loan Authority (CHESLA) is seeking proposals from regional financial institutions with experience in originating student loans or offering direct placement and purchase drawdown structures. The purpose of this solicitation is to identify qualified entities capable of supporting the refinancing of Connecticut's higher education financing vehicles. Interested firms are encouraged to demonstrate their recent relevant experience or provide a rationale for their qualifications if their experience is limited. The contract, titled "CHESLA Refi CT Financing Vehicles," has a project scope outlined in an attached document and is open for responses until November 13, 2024. The project budget ranges from five million to twenty million dollars, with the work to be performed within Connecticut. The solicitation is issued by the Connecticut Higher Education Supplemental Loan Authority, a quasi-public state agency established in 1982 to assist students and families in financing higher education. The primary contact for this opportunity is Kara Stuart, reachable via email at [email hidden] or by phone at [phone hidden]. The project aims to facilitate the refinancing of existing Connecticut higher education financing programs, supporting the state's efforts to improve access to affordable education funding. Interested parties can find additional details and submit their responses through the Connecticut Department of Administrative Services' BidBoard portal.

Documents

1

CHESLA10102024 - CHESLA Refi CT Financing Vehicles

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Timeline

PhaseClosed
Posted

Solicitation

Response Deadline

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Submission Closed

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Organization & Contact Information

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AgencyConnecticut Higher Education Supplemental Loan Authority
Contacts1 person available
OfficeN/A

Full Description

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The Connecticut Higher Education Supplemental Loan Authority (the “Authority” or “CHESLA”) is a quasi-public state authority created in 1982 to help students and their families finance the cost of higher education. The Authority seeks indications of interest from regional financial institutions with experience in originating student loans or offering direct placements, including direct purchase drawdown structures, to entities such as the Authority. Submittals should highlight the recent experience of your firm in these types of transactions. If you have minimal experience in either of these areas, please describe why you believe you are qualified. Please see attached document for scope of services and additional requirements.

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