Fiscal Administrator

The Florida Department of Commerce is soliciting proposals for a Fiscal Administrator to manage lending and provide access to credit for Florida businesses using funds from the Evergreen Loan Fund and the Revolving Loan Fund: Hurricane Irma Resiliency Program. The selected contractor will be responsible for closing loans within 30 days of approval, disbursing payments within 30 days of closing, and processing repayments within 10 days of receipt. Key reporting requirements include providing loan statuses by the 15th of each month and remitting program income by the 20th of each month. The anticipated periods of performance run from late 2026 through 2036, with the option for the agency to renew the contract for up to two years or the original term length. This is a fixed-price agreement where the contractor must propose their own fee structure, though borrower charges are strictly limited to loan origination fees of up to 2 percent and specific interest rate parameters. The solicitation requires a rigorous submission process consisting of separate technical and cost proposals delivered via physical mail or hand delivery by September 22, 2026. Award criteria include a technical evaluation based on competency and experience, as well as past performance reviews. The contract mandates strict compliance with Florida cybersecurity laws, including the Florida Information Protection Act, and requires cyber liability insurance of at least 10 million dollars per claim. Additionally, the contractor must adhere to various federal and state certifications regarding non-discrimination, lobbying, and the exclusion of debarred or suspended entities.