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Arkansas Development Finance Authority Trustee RFP 2026

Arkansas Development Finance Authority logoArkansas Development Finance Authority
Due
Mar 25, 2026
Deadline passed
Posted
Feb 4, 2026

The 30-second brief

What they're buying

The Arkansas Development Finance Authority (ADFA) is seeking proposals from qualified firms to serve as Trustee for Student Loan Revenue Bonds. The Authority anticipates a financing transaction in the fall of 2026 with an approximate amount of $40,000,000.

How it's scored

Firm's prior experience as trustee for Private Student Loan bond issues, Ability to handle daily receipts and payments, Timeliness and clarity of transaction reporting, Qualifications of staff to be assigned, Responsiveness of written proposals to the purpose and scope of services, Reasonableness of proposed fee.

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Summary

The Arkansas Development Finance Authority (ADFA) is seeking proposals from qualified firms to serve as Trustee for Student Loan Revenue Bonds. The Authority anticipates a financing transaction in the fall of 2026 with an approximate amount of $40,000,000.

EVALUATION CRITERIA

Firm's prior experience as trustee for Private Student Loan bond issues, Ability to handle daily receipts and payments, Timeliness and clarity of transaction reporting, Qualifications of staff to be assigned, Responsiveness of written proposals to the purpose and scope of services, Reasonableness of proposed fee.

Scope location
Little Rock, AR

Questions about this RFP

How do I respond to this RFP from Arkansas Development Finance Authority?

Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is March 25, 2026. Submissions should be delivered to: [email protected].

Can small businesses or minority-owned firms bid on this RFP?

Most government agencies, including Arkansas Development Finance Authority in AR, encourage participation from small businesses, minority-owned, women-owned, and disadvantaged business enterprises (MBE/WBE/DBE). Check the full solicitation for any small business participation goals.

What happens after the RFP submission deadline?

After the deadline, the issuing agency reviews all submissions against the stated evaluation criteria. This typically includes a compliance check, technical evaluation, cost analysis, and may involve oral presentations with shortlisted vendors.

Show 4 more questions

What are the evaluation criteria for this solicitation?

This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Firm's prior experience as trustee for Private Student Loan bond issues, Ability to handle daily receipts and payments, Timeliness and clarity of transaction reporting, Qualifications of staff to be a..." Vendors should carefully align their proposals with each criterion to maximize their score.

Where can I find more RFPs from Arkansas Development Finance Authority?

All active and historical solicitations from Arkansas Development Finance Authority are tracked and searchable. As a state agency, Arkansas Development Finance Authority regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.

What documents are required to bid on this RFP?

Requirements vary by solicitation, but common documents include a technical proposal, cost/price proposal, proof of insurance, relevant certifications, past performance references, and any forms specified in the solicitation. Review the full document from Arkansas Development Finance Authority for the complete list.

What is the scope of this project?

This solicitation defines a specific project scope. The scope covers the following locations: Little Rock, AR. Review the full solicitation for detailed scope requirements.

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