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This Solicitation opportunity from Florida was posted on January 31, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

City of West Park, Florida $600,000 Bank-Qualified Financing or Tax-Exempt Leasing

Closed
RFP-RFP No 24-0301-1-2024/CWState & Local

Contract Overview

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

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NAICS: 523920
SLED
Request for Application (RFA)- NYC Catalyst Fund II
Solicitation # 20251201024
The New York City Economic Development Corporation (NYCEDC) is seeking applications from investment fund managers who are raising capital for investment funds aligned with the NYC Catalyst Fund II program. The program aims to promote economic development within New York City, support NYCEDC’s broader impact goals, and generate financial returns. NYCEDC plans to allocate $25 million to this initiative, with commitments of up to $5 million available for each selected investment fund. Applicants should demonstrate a clear financial return strategy, a strong commitment to New York City, and align their funds with one or more of the following impact areas: supporting diverse entrepreneurship via investments in underrepresented founders, promoting economic mobility by addressing income and wealth disparities through various growth and development pathways, or focusing on high-growth innovation sectors vital to the city's economic future. Selection will be based on the qualifications and reputation of the fund managers, the fund’s investment and impact strategies, proposed financial terms, and the investment track record. NYCEDC emphasizes compliance with all applicable anti-discrimination laws and encourages participation from certified Minority and Women-owned Business Enterprises (M/WBEs). The solicitation remains open until January 2, 2029, or until the allocated funding is exhausted, with applications evaluated continuously. Multiple rounds of question submissions are permitted, with deadlines spanning from early 2026 through late 2028. Interested parties can download the RFA, submit proposals electronically, and direct inquiries to the designated NYCEDC contacts provided.
NYC Economic Development Corporation

POSTED

11 months ago

DEADLINE

in about 2 years

AI Contract Overview

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The City of West Park, Florida, is seeking proposals to finance equipment acquisitions and capital projects through tax-exempt financing instruments, with a total issuance not exceeding $10 million in 2024. The financing is expected to be limited to approximately $600,000 during the year. The terms of the financing should not exceed 10 years, with options for 5, 7, and 10-year durations featuring level payments. Payments are scheduled to commence no earlier than October 1, 2024, with subsequent payments due annually on September 30th. While more frequent payment schedules are permitted, the City prefers interest payments to align with the September 30th due date each year. The solicitation, identified as RFP No 24-0301-1-2024/CW, was posted on January 31, 2024, with a response deadline of March 1, 2024. The project falls under the SLED organization type, and interested parties can find additional details and submit proposals through the provided DemandStar link. The City aims to secure flexible, level-payment financing solutions that accommodate its equipment and capital project needs within the specified financial and temporal parameters.

General Info

Agency

Florida → City of West Park

Place of Performance

FL, USA

Set-Aside

NONE

Documents

0

No documents available

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Timeline

PhaseClosed
Posted

Solicitation

Response Deadline

Deadline has passed

Submission Closed

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Organization & Contact Information

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AgencyFlorida → City of West Park
ContactsNo contacts available
OfficeN/A
Organization / Agency
Florida → City of West Park
Office AddressN/A
ContactsNo contact information available

Full Description

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The City of West Park, Florida, desires to finance certain equipment acquisitions and capital projects with tax-exempt financing instrument(s). The City will not issue more than $10 million in calendar year 2024. It does not expect to issue more than $600,000 in financings during the year. The term should not exceed 10 years. The City would like proposals for 5, 7, and 10 years with level payments. The first payment should not be due before October 1, 2024. Subsequent payments should be due on September 30th of each year. More frequent payments will be permitted, but the City prefers interest to be due with a payment on September 30th of each year.

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