Longhorn Drive Installment Purchase Agreement Financing RFP
| Location: |
Michigan |
| Posted: |
Sep 26, 2025 |
| Due: |
Oct 10, 2025 |
| Agency: |
Texas charter township |
| Type of Government: |
State & Local |
| Category: |
- 65 - Medical, Dental, and Veterinary Equipment and Supplies
- 76 - Books, Maps, and Other Publications
- R - Professional, Administrative and Management Support Services
- S - Utilities and Training Services
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| Solicitation No: |
2025-0005 |
| Publication URL: |
To access bid details, please log in. |
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Bid Number:
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2025-0005
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Bid Title:
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Longhorn Drive Installment Purchase Agreement Financing RFP
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Category:
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General
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Status:
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Open
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Description:
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Texas Charter Township is soliciting proposals from qualified financial institutions to provide financing through an Installment Purchase Agreement (“IPA”) for the construction of the Longhorn Drive. The financing will be used to fund design, engineering, and construction costs, and related capital expenses.
The Longhorn Drive Ring Road Project will:
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Construct a new public roadway connecting existing arterials to improve traffic flow and connectivity.
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Facilitate access to previously underutilized parcels, supporting commercial and mixed-use development.
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Improve emergency response access and infrastructure capacity.
The Township seeks competitive proposals to obtain the lowest overall borrowing cost, with flexible repayment terms, in compliance with applicable Michigan statutes.
View the RFP
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Publication Date/Time:
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9/26/2025 11:00 AM
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Closing Date/Time:
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10/10/2025 10:00 AM
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Submittal Information:
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info@texastownship.org
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Contact Person:
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Brooke Hovenkamp, Superintendent
info@texastownship.org
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Miscellaneous:
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Questions must be emailed to info@texastownship.org no later than 4:00 PM on Monday, October 6. Responses will be provided by email and posted on the Township’s Bid Opportunities webpage no later than 4:00 PM on Tuesday, October 7.
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* Disclaimer: Information regarding bids, requests for proposals (RFPs), or requests for qualifications (RFQs) is provided on this website only for convenience and does not constitute official public notice. Persons wishing to respond to or inquire about bids, RFPs, or RFQs should contact the appropriate government department.
