Request for Bank Loan Proposals
| Location: | Florida |
|---|---|
| Posted: | Apr 14, 2025 |
| Due: | Apr 22, 2025 |
| Agency: | City of Oviedo |
| Type of Government: | State & Local |
| Category: |
|
| Solicitation No: | 25-32 |
| Publication URL: | To access bid details, please log in. |
Main
Agency
City of Oviedo
City of Oviedo
Status
Active
Active
Fiscal Year
2025
2025
Title
Request for Bank Loan Proposals
Request for Bank Loan Proposals
Type
Request for Proposal
Request for Proposal
Department
Online Submissions
No
No
Project Estimate
Piggyback Solicitation
No
No
Insurance Required
No
No
Bid Bond Required
No
No
Bid Bond Amount
Performance Bond Required
No
No
Performance Bond Amount
Construction Bond Required
No
No
Construction Bond Amount
Scope of Services
The City of Oviedo, Florida is seeking proposals from qualified financial institutions for a non-bank qualified, tax-exempt bank loan. The proceeds of the loan will be used, along with other available funds of the City to (a) provide funding for capital improvements to the City’s stormwater utility system and (b) fund the cost of issuance associated with the loan. ****All bids must be delivered via email to the City with a copy to the City’s Financial Advisor, HilltopSecurities, before 3:00 PM on April 18, 2025, Eastern Standard Time as follows:
City of Oviedo
Jacqueta Scott, Procurement Manager
jscott@cityofoviedo.net with a copy to HilltopSecurities
Joel Tindal, Managing Director
joel.tindal@hilltopsecurities.com
The City of Oviedo, Florida is seeking proposals from qualified financial institutions for a non-bank qualified, tax-exempt bank loan. The proceeds of the loan will be used, along with other available funds of the City to (a) provide funding for capital improvements to the City’s stormwater utility system and (b) fund the cost of issuance associated with the loan. ****All bids must be delivered via email to the City with a copy to the City’s Financial Advisor, HilltopSecurities, before 3:00 PM on April 18, 2025, Eastern Standard Time as follows:
City of Oviedo
Jacqueta Scott, Procurement Manager
jscott@cityofoviedo.net with a copy to HilltopSecurities
Joel Tindal, Managing Director
joel.tindal@hilltopsecurities.com
Dates(All times are listed as
EST
)
Broadcast Date
4/1/2025 8:00 AM EST
4/1/2025 8:00 AM EST
Question End Date
4/10/2025 5:00 PM EST
4/10/2025 5:00 PM EST
Due Date
4/22/2025 12:00 PM EST
4/22/2025 12:00 PM EST
Bid Opening Date
Pre-Bid Conferences
Total: 0
(All times are listed as
EST
)
| Date | Time | Mandatory | Location |
Documents
Commodity Codes
Total: 2
| Code | Description |
| [949-26] | Financial and Accounting Services, Notes and Loans |
| [946-25] | Banking Services |
Publications
Total: 0
| Publication | Date |
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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.