This Solicitation opportunity from Colorado was posted on October 16, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Request for Underwriting Proposals for Certificates of Participation, Series 2025
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Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
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Grand County, Colorado, is soliciting proposals from prospective underwriters for the issuance of Certificates of Participation, Series 2025, to finance the construction of a new Emergency Management Services facility. The county intends to establish a project fund of approximately 22 million dollars through these certificates, contributing to a total estimated project cost of 26 million dollars. The remaining balance will be covered by anticipated grant funding throughout 2025, with available cash reserves identified as a secondary funding source if grants are not fully realized. Final project costs are expected to be determined upon the execution of a Guaranteed Maximum Price contract in late 2024 or early 2025. The 2025 COPs will be structured with base rental payments made by the county to a trustee under a real property lease, subject to annual budgetary appropriation. This solicitation, identified as number 148, was posted on October 16, 2024, with a response deadline of November 15, 2024. The county maintains the right to reject all proposals, negotiate with any firm, or pursue alternative financing methods. Furthermore, proposing firms have no recourse against the county or its representatives for any expenses or liabilities if the certificates are not delivered.
General Info
Agency
Place of Performance
CO, USASet-Aside
Documents
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Timeline
Submission Closed
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