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Municipal Revolving Loan Program Administrator

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State & Local

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The Municipal Revolving Loan Program Administrator is a subcontract for the Massachusetts Executive Office for Administration and Finance to manage a 50 million dollar municipal revolving loan program. The administrator is responsible for the day-to-day operations of low-interest loan products, including processing applications for municipal capital projects under Chapter 214 of the Acts of 2024 and managing bridge financing specifically for clean energy projects. The role requires the use of specialized loan management software and financial tracking systems to ensure the successful disbursement of funds and the management of repayments. Based in Boston, the contract focuses on delivering a fully operational loan program to support prime contractors on EOAF projects.

General Info

Administrator manages 50 million dollar municipal revolving loan program for Massachusetts clean energy projects.

Documents

This scope was carved out of BD-27-1003-EOAS-EOAS-133896.

The full solicitation package (2 documents), including the RFP, is on the prime solicitation, not on this scope.

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Due Diligence NOI: Municipal Revolving Loan Program

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Organization & Contact Information

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AgencyMassachusetts → EOAS - Executive Office for Administration and Finance
ContactsNo contacts available
OfficeN/A
Office AddressN/A
ContactsNo contact information available

Full Description

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Performs day-to-day administration of a $50M municipal revolving loan program for prime contractors on Executive Office for Administration and Finance (EOAF) projects. Administers low-interest rate loan products, manages bridge financing for clean energy projects, and processes loan applications for municipal capital projects per Chapter 214 of the Acts of 2024. Uses loan management software and financial tracking systems. Delivers an operational loan program with disbursed funds and managed repayments.

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