MassDev_due-diligence-posting_Sept_2026.docx

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Attached to
Due Diligence NOI: Municipal Revolving Loan Program
Solicitation number
BD-27-1003-EOAS-EOAS-133896
Issued by
Massachusetts

About this file

This is a Due Diligence Posting of Notice of Intent to Accept a Best Value Offer issued by the Executive Office for Administration and Finance (EOAF) of the Commonwealth of Massachusetts, in partnership with the Massachusetts Development Finance Agency (MassDevelopment). EOAF seeks services from MassDevelopment to administer a new municipal revolving loan program funded with $50,000,000 under Chapter 214 of the Acts of 2024. The program will offer two low-interest loan products: a General Loan Program to address financing gaps for municipal capital projects with secured federal funding, and a Green Loan Program to provide bridge financing for municipal clean energy projects qualifying for federal tax credits. MassDevelopment will be responsible for loan underwriting, servicing, compliance, and portfolio management, with priority given to Gateway Cities and rural communities. The contract is expected to commence in October 2026 and continue for as long as the program remains funded. Interested vendors must submit responses by 4:00 PM Eastern Time on Friday, October 9, 2026, demonstrating comparable or better qualifications and offers than MassDevelopment.

The Department is utilizing this Due Diligence Posting process rather than conducting a full procurement to determine if other qualified vendors can provide comparable or superior value. All responses must be submitted electronically through COMMBUYS, and vendors must complete required forms including Commonwealth Terms & Conditions, W-9 documentation, and Standard Contract Forms. Upon review of all responses submitted by the deadline, the Department will either withdraw the notice and reject MassDevelopment's offer, accept MassDevelopment's offer, or accept an alternative vendor offering comparable or better value. Vendor registration in COMMBUYS is available at no charge, and technical support is provided through the COMMBUYS Help Desk via website, email, or telephone during business hours.

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Due Diligence Posting of Notice of Intent to Accept a Best Value Offer

The EXECUTIVE OFFICE FOR ADMINISTRATION AND FINANCE (“EOAF” or “Department”) of the Commonwealth of Massachusetts announces its intent to Accept a Best Value Offer pursuant to the Commonwealth’s Due Diligence Posting policy, to contract for the following with the MASSACHUSETTS DEVELOPMENT FINANCE AGENCY (“MassDevelopment” or “Offeror”), pending the results of this Notice of Intent (“Notice”):

Description EOAF seeks services from MassDevelopment to administer a new municipal revolving loan program (the “Program”), funded with $50,000,000, as authorized under Chapter 214 of the Acts of 2024. The Program will consist of two (2) low-interest rate loan products:

· General Loan Program: To address financing gaps for municipal capital projects that have secured federal funding.

· Green Loan Program: To provide bridge financing for municipal clean energy projects that qualify for federal tax credits.

The Program will prioritize Gateway Cities and rural communities.

MassDevelopment will be responsible for loan underwriting, servicing, compliance, and portfolio management.

The contract period is expected to commence in October 2026, or as soon as practicable thereafter, and continue for as long as the Program remains funded.

The Department is posting this Notice rather than conducting a full procurement because the Department believes this opportunity represents best value to the Commonwealth and is utilizing this Due Diligence Posting to ensure that the process is open, fair and competitive.

Determination of Other Interested Vendors The intent of this posting is to determine if there are any other interested and qualified vendors. Any such vendors must

· Submit documentation that they can provide a comparable or better offer

Response Requirement and Deadline All Interested Vendors and Offerors interested in responding to this Notice, regardless of prior communications with the Department, must submit a Response to this posting containing evidence of their qualification and interest. All required information must be submitted by 4:00PM (prevailing Eastern Time) on Friday, October 9, 2026 as follows:

If, after the posting deadline has passed, interest is generated by this Notice, the Department will review all Responses and will determine whether they will: (i) withdraw the notice and not accept the Offeror’s offer (and cancel the Notice of Intent) or (ii) accept the offer from the Offeror or (iii) accept an offer from another vendor offering a comparable or better value than the Offeror in their Response.

Additional Terms Required for Doing Business with the Commonwealth

Names of Standard Forms
Instructions
Instructions for Vendors Responding to Bids Electronically
Read and agree prior to submitting a Response.
RFR - Required Specifications
Read and agree prior to submitting a Response.
Prompt Payment Discount Form
Complete electronically and submit as an attachment to Quote.
Commonwealth Terms & Conditions
Read and agree. Sign and submit original with wet signature upon Award, if any.
Contractor Authorized Signatory Listing
Read and agree. Sign and submit original with wet signature upon Award, if any.
Request for Taxpayer Identification Number and Certification (W-9)
Read and agree. Sign and submit original with wet signature upon Award, if any.
Standard Contract Form and Instructions
Read and agree. Sign and submit original with wet signature upon Award, if any.
Authorization for Electronic Funds Transfer (ETF)
*Note: Vendors should acquire this form directly from purchasing departments when awarded.

Quote Submission Method Online Quote Submission via COMMBUYS is required. All Interested Vendors and Offerors must submit Quotes online using tools available only to Sellers registered in COMMBUYS. COMMBUYS provides Seller registration functionality at no charge. To register, go to www.COMMBUYS.com and click on the “Register” link on the front page. All Interested Vendors and Offerors who are awarded a contract resulting from this Notice, if any, will be required to maintain an active account during the duration of the Contract, by reviewing their registration information regularly and maintaining its accuracy.

COMMBUYS Quote Submission Training and Instructions The following resources are provided to assist Interested Vendors and Offerors in submitting Quotes:

· An online job aid on How to Create a Quote;

· Webcast video on How to Find Bids (Solicitations) and Submit Quotes (Responses) through COMMBUYS;

· Instructor-led trainings (ILT) and live webinar sessions on “How to Locate and Respond to Bids” may also be available. Check the OSD Training Courses schedule for Sellers/Business Entities for available locations, dates and times. Note that space is limited and pre-registration for trainings is required to attend. Follow instructions on the course schedule to register.

COMMBUYS Support Technical assistance is available during the procurement process. Every effort is made to respond to inquiries within one business day.

· Website: Go to www.mass.gov/osd/commbuys and select the COMMBUYS Resource Center link offered under Key Resources.

· Email: Send inquiries to the COMMBUYS Helpdesk at COMMBUYS@state.ma.us

· Telephone: Call the COMMBUYS Help Desk at 1-888-MA-STATE (1-888-627-8283). The Help Desk is staffed from 8:00 AM to 5:00 PM Monday through Friday Eastern Standard or Daylight time, as applicable, except on federal and state holidays.

Interested Vendors and Offerors are advised that COMMBUYS will be unavailable during regularly scheduled maintenance hours of which all users will be notified.

Revised: June 25, 2026

File details come from the government source that posted it. Updated .