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This Government Contract opportunity from Maine was posted on May 19, 2026. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

Purchase of Tax Anticipation Note by Financial Institution

Closed
State & Local

Contract Overview

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

Active Opportunities Like This One

NAICS: 522110
New
SLED
Bank Depository ServicesThe contract solicitation issued by the College of the Mainland in Texas seeks proposals for Bank Depository Services, with a submission deadline set for 2:00 pm on June 30, 2026. The solicitation, identified by number 27-02, is a formal request for vendors to provide banking services necessary for the financial operations of the institution. The contract stipulates that late proposals will not be accepted, ensuring strict adherence to the submission timeline. The place of performance is within Texas, and Melinda Perales is designated as the primary point of contact for the solicitation. The associated terms and conditions governing this procurement align with standard procedures outlined in a comprehensive RFP framework last updated in September 2025. These terms include compliance requirements, contract term and renewal options, payment methods, and vendor responsibilities, such as handling defective work and emergency deliveries. Additional mandatory documentation includes submitting the IRS Form W-9 for tax identification and certification purposes and completing a Conflict of Interest Questionnaire to disclose any potential ethical concerns related to local government relationships. Furthermore, the contract accounts for potential tariff-induced price adjustments, requiring vendors to document tariff impacts rigorously and submit any proposed price modifications for quarterly reviews and prior written approval. Price decreases must also be reflected and refunded to the College if tariffs are removed during the contract period, ensuring transparency and fiscal responsibility throughout the contract's duration.
College Of The Mainland

POSTED

6 days ago

DEADLINE

in 14 days

AI Contract Overview

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The contract involves the purchase of a $3,000,000 municipal Tax Anticipation Note issued by the City of Ellsworth, Maine. This financial instrument is intended to provide working capital for the city during the fiscal years 2026 to 2027. The transaction requires a financial institution to acquire the note, supporting the city's short-term borrowing needs. The solicitation was posted on May 19, 2026, with a response deadline set for June 2, 2026. The contract falls under the NAICS code 522110, which relates to financial institutions. The project is managed by the Maine Finance agency, and while specific contact details and location information are not provided, interested parties are directed to the procurement portal for additional information. This subcontract opportunity focuses on capital financing arrangements for municipal operations.

General Info

Purchase of $3M Tax Anticipation Note for Ellsworth, Maine's fiscal 2026-2027 working capital.

Agency

Maine → FinanceView Agency

NAICS

522110 - Commercial Banking View NAICS

Place of Performance

ME, USA

Set-Aside

NONE

Documents

(0)

No documents available

AI Contract Breakdown

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No contract breakdown available.

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Timeline

PhaseClosed
Posted

subcontract

Response Deadline

Deadline has passed

Submission Closed

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Organization & Contact Information

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AgencyMaine → Finance
ContactsNo contacts available
OfficeN/A
Organization / Agency
Maine → Finance
View Agency Profile
Office AddressN/A
ContactsNo contact information available

Full Description

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Financial institution to purchase a $3,000,000 municipal Tax Anticipation Note issued by the City of Ellsworth, Maine, for working capital during FY2026–2027.