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Revolving Loan Fund

Active

PON 6025State & Local

Response Deadline12/31/2030, 08:00:00 PM UTC

Contract Overview

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

AI Contract Overview

The New York State Energy Research and Development Authority is seeking qualified contractors to utilize Department of Energy State Energy Efficiency Revolving Loan Fund resources to provide low interest loans for low-to-moderate-income single family homeowners. These funds are intended to support energy efficiency retrofits and decarbonization measures, such as the installation of smart thermostats and air or ground source heat pumps, to reduce energy costs and improve home comfort. Up to 400,000 dollars will be reserved per qualified applicant on a first-come, first-served basis. To be eligible, applicants must have been a participating contractor in active full status for at least two years with the PSEG Long Island Home Comfort or Home Performance Programs, or for at least one year with the Green Jobs-Green New York Residential Financing Program with a minimum of ten completed projects. This solicitation is open to entities across all New York State counties with a contract term of one year and a response deadline of December 31, 2030.

General Info

NYSERDA offers up to $400,000 loans for energy retrofits targeting low-income NY homeowners.

Agency

New York → Nyserda

NAICS

522291 - Consumer Lending

Place of Performance

All NYS counties, NY, USA

Set-Aside

NONE

Documents

No documents available

Documents will appear here when they are available.

AI Contract Breakdown

Uniform Contract Format

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Timeline

PhaseSolicitation

PostedNov 4

Solicitation

Response DeadlineDec 31

Submission deadline

Response Deadline

12/31/2030, 08:00:00 PM UTCin about 4 years

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Organization & Contact Information

AgencyNew York → Nyserda

Contacts4 people available

OfficeN/A

Organization / Agency

New York → Nyserda

Office AddressN/A

Contacts

Heather J. ClarkAssistant Director

contact@example.gov

+1 (555) 000-0000

Heather ClarkAssistant Director

contact@example.gov

+1 (555) 000-0000

James CowmanAssistant Contract Manager

NA NANA

Full Description

Description of goods to services to be bid: The New York State Energy Research and Development Authority (NYSERDA) requests applications from qualified contractors to utilize the Department of Energy State Energy Efficiency Revolving Loan Fund (DOE-EERLF) funds for projects financed by single family residential customers. NYSERDA has established a new revolving loan fund intended to spur investment in energy efficiency and decarbonization measures for single family residential housing. This program will offer low interest rate loans to low-to-moderate-income (LMI) single-family homeowners to complete energy efficiency retrofits. The establishment of a revolving loan fund will provide an on-going and accessible financial support at a low cost. Energy efficiency upgrades and retrofits will aim to reduce energy costs and improve home comfort. Projects include energy efficiency measures, including but not limited to smart-thermostats and installation of air source and ground source heat pumps. Four hundred thousand dollars ($400,000.00) per Qualified Applicant will be reserved to provide their eligible customers with low interest EERLF Loan (Loan). Funds will be reserved on a first-come, first-served basis to Qualified Applicants. If changes are made to this solicitation notification will be posted on NYSERDA’s website at: www.nyserda.ny.gov/funding-opportunities Eligibility/Qualifications Requirements/Preferences: a. A participating contractor in active full status for a minimum of two years with PSEG Long Island Home Comfort Program or PSEG Long Island Home Performance Program. b. A participating contractor in active full status for a minimum of one year with the Green Jobs-Green New York (GJGNY) Residential Financing Program with a minimum of ten (10) approved and completed projects financed by GJGNY loans. Service-Disabled Veteran-Owned Set Aside: No Minority Owned Sub-Contracting Goal: 0% Women Owned Sub-Contracting Goal: 0% Service-Disabled Veteran-Owned Business Contracting Goal: 0% Disadvantaged Owned Sub-Contracting Goal: 0% Due date:12/31/2030 3:00 PM NA Contract term: 1 year County(ies): All NYS counties Location: New York State Business entities awarded an identical or substantially similar procurement contract within the past five years: None