City of New Smyrna Beach Bank Loan / Equipment Lease Purchase Agreement RFP 2023
City of New Smyrna BeachCity · New Smyrna Beach, FL- Due
- Sep 26, 2023
- Deadline passed
- Posted
- Sep 5, 2023
- Contract term
- 10 years
- Primary contact
- Janet Vivian
- (386) 410-2600 ext 2654
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SUMMARY
The City of New Smyrna Beach is soliciting proposals from qualified financial institutions for a bank-qualified, tax-exempt 10-year fixed rate Capital Improvement Revenue Note, Series 2023, or alternatively, a Lease Purchase Agreement.
The proceeds of this loan will be used to finance the purchase of fire trucks and related equipment with an estimated total cost of $3,300,000. The City aims to secure the lowest overall borrowing cost. Hilltop Securities Inc. is serving as the City's Financial Advisor for this transaction. Proposals must be submitted by September 26, 2023, to the City's submission location at 210 Sams Avenue. A notice of interest was due by September 13, 2023.
- Submit to
- 210 Sams Avenue, New Smyrna Beach, FL, 32168
- Scope location
- New Smyrna Beach, FL
Questions about this RFP
How do I respond to this RFP from City of New Smyrna Beach?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is September 26, 2023. Submissions should be delivered to: 210 Sams Avenue, New Smyrna Beach, FL, 32168. For questions, contact Janet Vivian.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including City of New Smyrna Beach in FL, 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 Janet Vivian at (386) 410-2600 ext 2654. Questions and answers are typically shared with all prospective bidders.
Can I search RFPs like this in ChatGPT or Claude?
Yes. Civic IQ has an MCP server that connects ChatGPT, Claude and other AI assistants to live Civic IQ data: open RFPs, pre-RFP signals from public meetings, awarded contracts and agency decision-makers across 100,000+ US public agencies. Add https://beta.mcp.civiciq.com/mcp as a connector (in ChatGPT under Settings > Apps & Connectors, in Claude under Settings > Connectors) and sign in with a free Civic IQ account at civiciq.com/mcp.
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Where can I find more RFPs from City of New Smyrna Beach?
All active and historical solicitations from City of New Smyrna Beach are tracked and searchable. As a city agency, City of New Smyrna Beach 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 10 years. 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. Review the full document from City of New Smyrna Beach for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: New Smyrna Beach, FL. Review the full solicitation for detailed scope requirements.