RFP for municipal financing to support 2026 Polk County, WI capital projects

Polk County, Wisconsin is seeking proposals for a $2,250,000 bank loan to finance capital projects scheduled for completion in 2026, in accordance with authorization via Resolution 28-25 and under the authority of Wisconsin Statutes. The County, operating under a County Administrative form of government, intends to secure a loan with a ten-year repayment term, with an anticipated closing date of July 15, 2026. Proposals must detail interest rates—whether fixed or variable—as well as amortization schedules, payment frequency, fees, issuance costs, prepayment penalties, security or collateral requirements, and conditions precedent to closing. The County is exempt by statute from certain taxes and will evaluate proposals based on the cost of financing, clarity and completeness of terms, amortization and repayment flexibility, demonstrated experience with Wisconsin municipal lending, and the timing and feasibility of closing, with award decisions made at its sole discretion. The County reserves the right to reject any or all proposals, waive minor irregularities, or negotiate terms in its best interest. All submissions must be delivered electronically in PDF format through the PublicPurchase portal by June 26, 2026, at 4:30 p.m. Central Time, with inquiries directed to financeoffice@polkcountywi.gov before June 19, 2026. The scope of funded projects includes public infrastructure improvements, facility construction or renovation, capital equipment purchases, and other eligible capital expenditures permitted under Wisconsin law. The County’s Aa2 credit rating from Moody’s underscores its financial stability and capacity to service debt.