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City of Galena 2026 Public Infrastructure Financing RFP

Town of Galena logoTown of Galena
Due
Apr 6, 2026
Deadline passed
Posted
Mar 6, 2026
Duration
60 months
Primary contact
Matt Oldenburg
(815) 777-1050

The 30-second brief

What they're buying

The City of Galena, Illinois is seeking proposals from qualified financial institutions for a tax-exempt fixed-rate bank loan of $1,800,000.00 to fund real estate purchase and issuance costs. Proposals are due April 6, 2026.

How it's scored

Cost and structure that best meets financing requirements, ability to prepay without penalty.

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Summary

The City of Galena, Illinois is seeking proposals from qualified financial institutions for a tax-exempt fixed-rate bank loan of $1,800,000.00 to fund real estate purchase and issuance costs. Proposals are due April 6, 2026.

EVALUATION CRITERIA

Cost and structure that best meets financing requirements, ability to prepay without penalty.

REQUIRED ATTACHMENTS

Proposal (PDF format)

Submit to
email
Scope location
Galena, Illinois
Reported agency
City of Galena

Questions about this RFP

How do I respond to this RFP from Town of Galena?

Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is April 6, 2026. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: email. For questions, contact Matt Oldenburg.

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

Most government agencies, including Town of Galena in NE, 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.

Can I ask questions about this solicitation before submitting?

Yes, most solicitations allow vendors to submit questions during a designated period. The primary contact is Matt Oldenburg at (815) 777-1050. Questions and answers are typically shared with all prospective bidders.

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What are the evaluation criteria for this solicitation?

This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Cost and structure that best meets financing requirements, ability to prepay without penalty." Vendors should carefully align their proposals with each criterion to maximize their score.

Where can I find more RFPs from Town of Galena?

All active and historical solicitations from Town of Galena are tracked and searchable. As a city agency, Town of Galena regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.

What is the contract term for this solicitation?

The anticipated contract term is 60 months. Contract terms may include renewal options.

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. This solicitation specifically requires the following attachments: Proposal (PDF format). Review the full document from Town of Galena for the complete list.

What is the scope of this project?

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

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