City of Philadelphia REI for Direct Pay Letters of Credit and Alternative Variable Rate Financings 2023
City of Philadelphia, City of Philadelphia, PA·City
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- Primary Contact
- Matthew Bowman
- Scope Location
- Philadelphia, PA
SUMMARY
The City of Philadelphia is seeking proposals for Direct Pay Letters of Credit or alternative financing structures for the PAID Series 2007B-2 Bonds and Water and Wastewater Revenue Commercial Paper Notes. Proposals are due Dec. 14, 2023.
EVALUATION CRITERIA
Most advantageous to the City, relevant performance data, other available information
REQUIRED DELIVERABLES
Fee Proposal Form, Downgrade pricing grid, Term-Out Provisions, Security Covenants, Alternative Proposals
REQUIRED ATTACHMENTS
Exhibit A-1, Exhibit A-2
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Work in government? Get Civic IQ free →Frequently asked questions
Common questions about this solicitation, answered from the record.
How do I respond to this RFI from City of Philadelphia?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is December 14, 2023. The solicitation specifies required deliverables that must be addressed in your response. Be sure to include all required attachments as outlined in the solicitation. For questions, contact Matthew Bowman.
What are the evaluation criteria for this solicitation?
This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Most advantageous to the City, relevant performance data, other available information" Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from City of Philadelphia?
All active and historical solicitations from City of Philadelphia are tracked and searchable. As a city agency, City of Philadelphia 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 RFI?
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: Exhibit A-1, Exhibit A-2. Review the full document from City of Philadelphia for the complete list.
Can small businesses or minority-owned firms bid on this RFI?
Most government agencies, including City of Philadelphia in PA, 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 RFI 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 Matthew Bowman. Questions and answers are typically shared with all prospective bidders.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Philadelphia, PA. Review the full solicitation for detailed scope requirements.
What are the key deliverables?
The solicitation specifies the following deliverables: Fee Proposal Form, Downgrade pricing grid, Term-Out Provisions, Security Covenants, Alternative Proposals. Proposals should clearly address how each deliverable will be met.
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