This Government Contract opportunity from California was posted on May 7, 2026. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Loan Program Design & Financial Structuring
Contract Overview
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The contract pertains to the comprehensive design and financial structuring of a municipal residential utility undergrounding loan program, requiring the development of structured loan terms, customized repayment schedules, credit underwriting criteria, and robust risk models tailored to the unique financial and operational context of the City of Newport Beach. The work involves creating financially viable and sustainable frameworks that enable homeowners to access funding for burying utility lines while ensuring minimal default risk and long-term fiscal responsibility for the city’s program. This includes analyzing local housing economics, identifying eligible participants, defining eligibility thresholds, and modeling potential outcomes under various economic scenarios to support informed decision-making and program scalability. The subcontract involves delivering detailed financial products and analytical tools that will underpin the implementation of the loan program, ensuring alignment with state and municipal regulations, as well as federal lending best practices where applicable. The effort demands expertise in public finance, risk assessment, and residential lending structures, with a focus on practical implementation within the coastal California context. The proposal must be submitted by June 5, 2026, and the work is being managed by the Finance Department of the City of Newport Beach under NAICS code 522291, which classifies the work within other credit intermediation activities. Contractors are expected to deliver a fully documented and operationalized loan program blueprint ready for municipal adoption and dissemination to residents.
General Info
Agency
NAICS
Place of Performance
CA, USSet-Aside
Documents
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Timeline
Submission Closed
