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Spokane Airport Board Interim Financing RFP #26-49-9999-028 - Spokane International Airport

Spokane Airport Board logoSpokane Airport Board
Due
Nov 6, 2026
9 days left
Posted
Oct 3, 2026
Contract term
1 year
Primary contact
Rob Schultz

The 30-second brief

What they're buying

The Spokane Airport Board is seeking proposals from qualified financial institutions for short-term Interim Financing up to $75,000,000 for the Spokane International Airport. Funding will provide interim financing for expansion projects including the Central Hall terminal expansion and parking garage expansion, with a current estimated cost of $390 million for both projects. The credit facility will have a maximum term of one year, with variable rate and fixed rate options considered, and is expected to be refinanced with proceeds of airport revenue bonds issued by Spokane County in 2027. Proposals are due by 2:00 p.m. PDT on November 6, 2026, with questions due by October 23, 2026. Evaluation criteria include the ability to increase the credit facility amount, proposed rates and fees, willingness to accept a subordinate lien position, financial stability, and early termination provisions.

What you must deliver

Interim financing credit facility up to $75, 000, 000, Central Hall terminal expansion project, Parking garage expansion project

How it's scored

Ability of the Proposer to increase the Credit Facility amount from $50 million to $75 million if needed, Proposed rates and fees, Firm's willingness to accept subordinate lien position per the draft revolving credit agreement in Appendix 2, Firm's financial stability, Early termination provision

9 days left to submitDue Nov 6

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Summary

The Spokane Airport Board is seeking proposals from qualified financial institutions for short-term Interim Financing up to $75,000,000 for the Spokane International Airport.

Funding will provide interim financing for expansion projects including the Central Hall terminal expansion and parking garage expansion, with a current estimated cost of $390 million for both projects. The credit facility will have a maximum term of one year, with variable rate and fixed rate options considered, and is expected to be refinanced with proceeds of airport revenue bonds issued by Spokane County in 2027. Proposals are due by 2:00 p.m. PDT on November 6, 2026, with questions due by October 23, 2026. Evaluation criteria include the ability to increase the credit facility amount, proposed rates and fees, willingness to accept a subordinate lien position, financial stability, and early termination provisions.

EVALUATION CRITERIA

Ability of the Proposer to increase the Credit Facility amount from $50 million to $75 million if needed, Proposed rates and fees, Firm's willingness to accept subordinate lien position per the draft revolving credit agreement in Appendix 2, Firm's financial stability, Early termination provision

REQUIRED DELIVERABLES

5
  • Interim financing credit facility up to $75
  • 000
  • 000
  • Central Hall terminal expansion project
  • Parking garage expansion project

REQUIRED ATTACHMENTS

Response Form, Form of Revolving Credit Agreement

Scope location
Spokane, WA

Questions about this RFP

How do I respond to this RFP from Spokane Airport Board?

Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is November 6, 2026. The solicitation specifies required deliverables that must be addressed in your response. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: [email protected] and [email protected]. For questions, contact Rob Schultz.

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

Most government agencies, including Spokane Airport Board in WA, 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 Rob Schultz. Questions and answers are typically shared with all prospective bidders.

What are the key deliverables?

The solicitation specifies the following deliverables: Interim financing credit facility up to $75, 000, 000, Central Hall terminal expansion project, Parking garage expansion project. Proposals should clearly address how each deliverable will be met.

Show 6 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: "Ability of the Proposer to increase the Credit Facility amount from $50 million to $75 million if needed, Proposed rates and fees, Firm's willingness to accept subordinate lien position per the draft..." Vendors should carefully align their proposals with each criterion to maximize their score.

Where can I find more RFPs from Spokane Airport Board?

All active and historical solicitations from Spokane Airport Board are tracked and searchable. As a airport authority agency, Spokane Airport Board 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 1 year. Contract terms may include renewal options.

Is this solicitation still open for submissions?

Based on the posted deadline of November 6, 2026, this solicitation appears to still be accepting submissions. Deadlines may change through amendments or addenda, so always verify the current status directly with the issuing agency before preparing your response.

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: Response Form, Form of Revolving Credit Agreement. Review the full document from Spokane Airport Board for the complete list.

What is the scope of this project?

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

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