Request for Bank Loan Proposals

Agency: City of Oviedo
State: Florida
Type of Government: State & Local
NAICS Category:
  • 541611 - Administrative Management and General Management Consulting Services
  • 541618 - Other Management Consulting Services
Posted Date: Apr 14, 2025
Due Date: Apr 22, 2025
Solicitation No: 25-32
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Main

Agency
City of Oviedo
Status
Active
Fiscal Year
2025
Primary Contact
Jacqueta Scott
Title
Request for Bank Loan Proposals
Secondary Contact
Procurement Department
Number
25-32
Tertiary Contact

Type
Request for Proposal
Department

Online Submissions
No
Project Estimate
Piggyback Solicitation
No
Insurance Required
No
Bid Bond Required
No
Bid Bond Amount

Performance Bond Required
No
Performance Bond Amount

Construction Bond Required
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

Dates(All times are listed as EST )

Broadcast Date
4/1/2025 8:00 AM EST
Question End Date
4/10/2025 5:00 PM EST
Due Date
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

Total: 2
Type Name Description File Type
Request for Proposal RFP 25-32 2025 Utility Revenue Loan.pdf RFP 25-32 2025 Utility Revenue Loan PDF
Addendum RFP 25-32 Addendum 1.pdf RFP 25-32 Addendum No. 1 PDF
Commodity Codes

Total: 2
Code Description
[949-26] Financial and Accounting Services, Notes and Loans
[946-25] Banking Services
Publications

Total: 0
Publication Date
* Disclaimer: This website provides information about bids, requests for proposals (RFPs), or requests for qualifications (RFQs) for convenience only and does not serve as an official public notice. Individuals who wish to respond to or inquire about bids, RFPs, or RFQs should contact the relevant government department directly.

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