This Solicitation opportunity from Florida was posted on November 6, 2020. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Request for Bank Loan Proposals
Contract Overview
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The City of Dunedin, Florida, is seeking proposals from qualified financial institutions to provide a tax-exempt fixed rate bank loan aimed at achieving the lowest overall borrowing cost. The primary purpose of the loan is to refund the City’s existing Stormwater System Refunding Revenue Bond, Series 2012, and to cover associated issuance costs. The City will evaluate proposals based on the proposed financing structure and select the bank offering the most cost-effective solution that aligns with its financing requirements. Interested institutions are invited to submit their proposals by December 3, 2020, with the selection process emphasizing the lowest total borrowing cost and compliance with the City’s financial parameters. The solicitation, titled "Request for Bank Loan Proposals," was posted on November 6, 2020, and is managed under solicitation number RFP-21-1171-0-2021/CA.
General Info
Agency
Place of Performance
FL, USASet-Aside
Documents
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Timeline
Submission Closed
Organization & Contact Information
Full Description
The City shall accept and review proposals from qualified banking institutions. Proposals for a tax-exempt fixed rate loan should be submitted based upon the proposed financing structure below. The City will select the bank financing that provides the lowest overall borrowing cost to the City and meets the financing requirements of the City.
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