Panama City - Bay County Airport and Industrial District - Non-Revolving Line of Credit ITN-2026-07
Northwest Florida Beaches International Airport AuthorityAirport Authority · Panama City, FL- Due
- Jul 30, 2026
- Deadline passed
- Posted
- Jul 7, 2026
- Primary contact
- Jon Ford
- (813) 874-6621
The 30-second brief
The Panama City - Bay County Airport and Industrial District is issuing an Invitation to Negotiate (ITN No. ITN-2026-07) to qualified financial institutions to provide a tax-exempt non-revolving line of credit facility in the approximate principal amount of $75,000,000 for Northwest Florida Beaches International Airport (ECP). Draw proceeds will be used to fund capital improvements, terminal expansions, infrastructure enhancements, facility upgrades, and equipment acquisitions, as well as to reimburse prior eligible expenditures and pay costs of issuance. Proposals are due by July 30, 2026, at 3:00 P.M. CT, and must be submitted electronically via the DemandStar procurement portal and to the Municipal Advisor, Ford & Associates, Inc. The contract term prefers a maturity of no less than 36 months from closing. Evaluation criteria focus on proposed terms, covenants, flexibility, and conditions (40%), proposed pricing and all-in cost (30%), bank experience, qualifications, and references (20%), financial strength and creditworthiness (5%), and overall quality of response (5%).
Proposed Terms, Covenants, Flexibility & Conditions (40%), Proposed Pricing & All-In Cost (30%), Bank Experience, Qualifications & References (20%), Financial Strength, Capacity & Creditworthiness of Bank (5%), Overall Quality of Response (5%)
Hear what Northwest Florida Beaches International Airport Authority plans next before it's posted.
Get alerts freeFree account · 30-second setup · No credit card
Summary
The Panama City - Bay County Airport and Industrial District is issuing an Invitation to Negotiate (ITN No.
ITN-2026-07) to qualified financial institutions to provide a tax-exempt non-revolving line of credit facility in the approximate principal amount of $75,000,000 for Northwest Florida Beaches International Airport (ECP). Draw proceeds will be used to fund capital improvements, terminal expansions, infrastructure enhancements, facility upgrades, and equipment acquisitions, as well as to reimburse prior eligible expenditures and pay costs of issuance. Proposals are due by July 30, 2026, at 3:00 P.M. CT, and must be submitted electronically via the DemandStar procurement portal and to the Municipal Advisor, Ford & Associates, Inc. The contract term prefers a maturity of no less than 36 months from closing. Evaluation criteria focus on proposed terms, covenants, flexibility, and conditions (40%), proposed pricing and all-in cost (30%), bank experience, qualifications, and references (20%), financial strength and creditworthiness (5%), and overall quality of response (5%).
EVALUATION CRITERIA
REQUIRED ATTACHMENTS
9- Cover Letter / Executive Summary
- Proposed Term Sheet
- Qualifications and Experience
- Proposed Security and Structure
- Legal and Closing Requirements
- Public Entity Crimes Affidavit
- Non-Collusion Affidavit
- Anti-Human Trafficking Affidavit
- Exceptions and Deviations
- Submit to
- DemandStar (www.demandstar.com)
- Scope location
- Panama City, FL
- Reported agency
- Panama City - Bay County Airport and Industrial District
Questions about this ITB
How do I respond to this ITB from Northwest Florida Beaches International Airport Authority?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is July 30, 2026. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: DemandStar (www.demandstar.com). For questions, contact Jon Ford.
Can small businesses or minority-owned firms bid on this ITB?
Most government agencies, including Northwest Florida Beaches International Airport Authority 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 ITB 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 Jon Ford at (813) 874-6621. Questions and answers are typically shared with all prospective bidders.
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: "Proposed Terms, Covenants, Flexibility & Conditions (40%), Proposed Pricing & All-In Cost (30%), Bank Experience, Qualifications & References (20%), Financial Strength, Capacity & Creditworthiness of..." Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from Northwest Florida Beaches International Airport Authority?
All active and historical solicitations from Northwest Florida Beaches International Airport Authority are tracked and searchable. As a airport authority agency, Northwest Florida Beaches International Airport 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 ITB?
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: Cover Letter / Executive Summary, Proposed Term Sheet, Qualifications and Experience, Proposed Security and Structure, Legal and Closing Requirements, Public Entity Crimes Affidavit, Non-Collusion Aff. Review the full document from Northwest Florida Beaches International Airport 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: Panama City, FL. Review the full solicitation for detailed scope requirements.