EXHIBIT 3B PROPOSAL CONTENTS.pdf

SUBMITTAL REQUIREMENTS

Transit Oriented Communities Economic Development Program Pilot Investment Fund

Program Administration Services

1.2 EXHIBIT 3B PROPOSAL CONTENT

The proposal shall have the following components and shall be laid out in the format exactly as shown here:

VOLUME I - Technical Proposal

When preparing the below Subsections 3 through 8, Proposers should consider the EVALUATION CRITERIA provided in Exhibit 3 for a further understanding of the Proposal content.

TAB 1 Proposal Letter (see Exhibit 5)

The Proposal Letter must be completed and executed by an authorized representative of the

Proposer. No other letter may replace or be included in addition to the Proposal Letter.

TAB 2 Executive Summary (5 pages maximum)

1. Proposer's knowledge, skill and experience in successfully performing past contracts of a similar nature and complexity;

2. Experience and capabilities of the Proposer's planned team, including identification of members of the team and the knowledge, skill and experience of the Proposer's key personnel;

3. Proposer's ability to manage performance of the Services in light of the Proposer's other contracts; and

4. Proposer's understanding of the Services to be performed, LACMTA's requirements and objectives, and the Proposer's planned approach to providing the Services in a manner satisfactory to LACMTA.

Include pertinent information about your office location(s) and the ability to operate in the pilot Fund Service Area, include the following:

1. Company Name

2. Mailing Address

3. Physical Address

4. Email Address

5. Web Address

6. Are you registered SBA microlender? Yes/No

7. Are you enrolled in the CPCFA SSBCI Programs? Yes/No

8. Are you enrolled in the IBANK SSCBCI Programs? Yes/No

9. Provide a 1-page summary that best describes the current services and/or programs that your organization provides

10. Geographical service area

11. List any languages, other than English, spoken by staff

12. Describe the organization’s capital structure for lending or investment activities

13. Describe how the capital structure has changed over the past 3-5 years, what funds have been raised during that period, and how the capital structure is expected to change moving forward. Include a breakdown of the following:

a. total loan or investment funds (including what amounts are from debt, grant funds, and earned income),

b. funds committed or deployed, and

c. funds available for lending or investment and the source funding (e.g., private or public source)

TAB 3 Minimum Qualifications Requirements

In order to be considered technically qualified to perform the services required, proposers shall meet the following Minimum Requirement on a pass/fail basis:

Does the Contractor have a valid Commercial Finance Lender License issued by the California Department of Financial Protection and Innovation (DFPI) and is in good standing with the California Secretary of State and is the Contractor a certified CDFI.

OR

Is the Contractor regulated by one of the following federal entities, Federal Reserve, OCC, FDIC, NCUA? If yes, please provide a copy of the license in Tab 9.

Yes No

Additionally, proposers must respond to the preferences below. These activities will help expedite the implementation of the Fund with added efficiency.

1) Does the Contractor acknowledge that Board approval of the program guidelines is a condition precedent to disbursing funds for the EDP Pilot Investment Fund (see SOW Task 1.3)?

2) Is the Contractor knowledgeable of and willing to participate as a financial institution in the CPCFA California Capital Access Program (CalCAP) and the Collateral Support Program (see SOW Task 1.4).

Financial institutions can begin enrollment with this one-page form.

3) Is the Contractor familiar with IBANK Financial Development Corporations (FDCs) to provide loan guarantees through the California Small Business https://www.treasurer.ca.gov/cpcfa/calcap/forms/application.pdf

Credit Initiative (see SOW Task 1.4).

To enroll to participate in IBank’s Small Business Loan Guarantee Program, email them HERE.

4) Is the Contractor able to guarantee that all lending and technical assistance under this award will be provided within the Fund Service Area only.

5) Is the Contractor committed to transparency and audit of activities. Yes No

6) Does the Contractor have the ability to lend up to $5 million for a single loan? Yes No

TAB 4 Qualifications and Experience of the Team

Proposer shall demonstrate the following:

a) Overall skill and experience, personnel and organization resources related to administering Fund, or a similar program with effective outreach methodologies as described in the scope of services.

b) Prior experience administrating loan programs for small businesses.

c) Knowledge of working with small businesses through hardships such as low credit scores, lack of cash flow, antiquated record keeping, eviction notices, etc.

d) Provide a detailed record of current and past lending history, accessing grants, and/or providing resources with positive outcomes for the aforementioned hardships or others clearly presented within the proposal.

e) Prior work with a public agency and well-defined Accounting and Administrative Controls.

TAB 5 Personnel Qualifications and Management Plan

Proposal shall demonstrate:

a) Evidence of education, work experience and other credentials demonstrating a skill set to perform the requirements of the Scope of Services.

b) A team structure that demonstrates program responsibilities and clearly mailto:SSBCI@IBank.ca.gov delineated assignments for personnel and/or subcontractors including availability of the project manager and key personnel.

c) An experienced program manager who has worked for a minimum of 5 years in managing similar programs.

d) Describe the method by which the data is collected and monitored including the financial and socioeconomic borrower data, written correspondence, and reporting.

TAB 6 Workplan Approach and Methodology

Proposer shall:

a) Demonstrate a clear understanding of the Fund’s goals, objectives, and tasks outlined in the scope of services. Provide a written narrative with an illustrative flowchart of your infrastructure framework describing the implementation process for the Fund. Describe the methods used to deliver the products or achieve the activities below. Provide examples where possible. Detail how the Contractor will utilize community partnerships, and coordinate efforts with other organizations or technical assistance providers to increase awareness and expand or enhance services. Describe how the Contractor will market the program and related services within the Fund Service Area (FSA), including efforts to reach non-native English speakers. Describe the connection between pre- and post-loan support.

b) Provide two Workplan and Methodology Scenarios. For each scenario, the Proposer shall detail how the administration of the program will result in the most favorable outcomes for local small businesses and eligible non-profit organizations in the FSA.

TAB 7 Matching Funds

Points shall be awarded based on submission of a Letter of Commitment evidencing additional investment to the Fund from a private financial institution, private investor, or other eligible funding source.

a) A Letter of Commitment for a minimum of $15,000,000 and above. (10 points)

b) A Letter of Commitment for a minimum of $10,000,000 to

$14,999,999. (5 points)

c) A Letter of Commitment for a minimum of $3,000,000 to

$9,999,999. (1 point)

d) A Letter of Commitment for less than $3,000,000. (0 Points)

TAB 8 Current and Completed Contracts

This solicitation requires the following completed documents in the Proposal:

1. List of Current Contracts – Backlog – Please see Exhibit 6

2. List of Completed Contracts – Last Five Years – Please see Exhibit 7

TAB 9 Supporting Documentation (uploads not subject to evaluation)

1. Valid Commercial Finance Lender License or official charter/license document (i.e. OCC

Certificate of Corporate Existence, FDIC Certificate of Insurance, NCUA

Charter/Insurance Certificate, etc.)

2. Current year-to-date organizational Financial Statement: Income & Expense/Balance Sheet

3. Copy of underwriting policy

4. Copy of loan application

5. U.S. IRS Tax Exempt Certification/ Determination Letter

6. Matching funds bank statements and/or commitment letters

VOLUME II – Certification Forms

• Exhibit 8 - Ethics Declaration

• Exhibit 9 - General Certifications

• Exhibit 10 - Certificate of Compliance With 49 Cfr Part 655

VOLUME III – Price Proposal

• Exhibit 2: Form 60s o Base Term (Years 1 through 3) - Prime and Subcontractors

• Year 1 - Prime and Subcontractors

• Year 2 - Prime and Subcontractors

• Year 3 - Prime and Subcontractors o Option Term (Years 4 and 5) - Prime and Subcontractors

• Year 4 - Prime and Subcontractors

• Year 5 - Prime and Subcontractors

• Exhibit 2.1: Pricing Schedule o Provide exhibit 2.1 o Base Term (Years 1 through 3) -

• Year 1 -

• Year 2 -

• Year 3 -

• Option Term (Years 4 and 5) -

• Year 4 -

• Year 5 -

The Price Proposal shall identify the Firm Fixed Price offer for the performance of the

Services identified herein, along with a proposed complete Schedule of Quantities and

Prices and Form 60 with Instructions, Exhibit 2. Proposals shall be in accordance with the format prescribed by LACMTA and as attached hereto.

The Proposer's Price Proposal must include a price covering the entire Scope of Services, including information for the Proposer and members of its team (e.g., joint venturers or partners, subcontractors, etc.). The Proposer's price shall include all applicable direct labor, all applicable labor surcharges such as taxes; insurance and fringe benefits, as well as indirect costs, overhead, general and administrative expense, other direct costs, and profit.

The Price Proposal submitted shall describe the number of hours proposed by labor category, and fully burdened rates for all proposed personnel, including subcontractors.

This information is required to support the Proposer's execution plan.

Volume IV - DEOD Forms and Required Documents*

• FORM 1 - SBE-DVBE SUBS & SUPPLIERS

• FORM 2 - AFFIDAVIT

• FORM 3 - BUSINESS DATA SHEET

• FORM 4 - SBE-DVBE AFFIRMATION

• FORM 5 - BIDDERS LIST FORM

• FORM 6 - SBE-DVBE REGULAR DEALER DIST

All Diversity and Economic Opportunity Department (DEOD) Forms required for the

Proposal shall be included in this volume.