Village of Footville Request for Proposals for Municipal Borrowing - Municipal Park Bathroom
Footville villageCity · Footville village, WI- Due
- Aug 5, 2026
- Deadline passed
- Posted
- Jul 17, 2026
- Contract term
- 3 years
- Primary contact
- John Thomson
- (608) 876-6116
The 30-second brief
The Village of Footville is formally requesting financing proposals for a $90,000 municipal borrowing package to fund the construction of a public bathroom facility at the municipal park. The municipality intends to secure this funding via a General Obligation Promissory Note under Wis. Stat. § 67.12(12) for public works improvements, backed by the full faith, credit, and taxing power of the municipality. Proposals must specify interest rate, fee structure, amortization schedule, and prepayment terms, and are due by August 5th, 2026, at 1:00 P.M. The municipality will evaluate proposals based on the lowest overall borrowing cost, including True Interest Cost, flexibility of terms, absence of restrictive covenants, and compliance with RFP requirements.
Lowest overall borrowing cost (True Interest Cost), flexibility of terms, absence of restrictive covenants, compliance with the requirements of this RFP
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Summary
The Village of Footville is formally requesting financing proposals for a $90,000 municipal borrowing package to fund the construction of a public bathroom facility at the municipal park.
The municipality intends to secure this funding via a General Obligation Promissory Note under Wis. Stat. § 67.12(12) for public works improvements, backed by the full faith, credit, and taxing power of the municipality. Proposals must specify interest rate, fee structure, amortization schedule, and prepayment terms, and are due by August 5th, 2026, at 1:00 P.M. The municipality will evaluate proposals based on the lowest overall borrowing cost, including True Interest Cost, flexibility of terms, absence of restrictive covenants, and compliance with RFP requirements.
EVALUATION CRITERIA
4- Lowest overall borrowing cost (True Interest Cost)
- Flexibility of terms
- Absence of restrictive covenants
- Compliance with the requirements of this RFP
- Submit to
- [email protected]
- Scope location
- Footville, WI
- Reported agency
- Village of Footville
Questions about this RFP
How do I respond to this RFP from Footville village?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is August 5, 2026. Submissions should be delivered to: [email protected]. For questions, contact John Thomson.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including Footville village in WI, 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 John Thomson at (608) 876-6116. 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: "Lowest overall borrowing cost (True Interest Cost), flexibility of terms, absence of restrictive covenants, compliance with the requirements of this RFP" Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from Footville village?
All active and historical solicitations from Footville village are tracked and searchable. As a city agency, Footville village 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 3 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 Footville village for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Footville, WI. Review the full solicitation for detailed scope requirements.