Q&A Document 1.pdf

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Attached to
DIRECT PURCHASE OR PRIVATE PLACEMENT SERVICES FOR WORKFORCE HOUSING
Solicitation number
25-048
Issued by
Garfield County, Colorado

About this file

This document is a Questions & Answers (Q&A) document for Solicitation 25-048, issued by the Roaring Fork Transportation Authority (RFTA) in Colorado, specifically addressing Direct Purchase or Private Placement Services for Workforce Housing. The document contains one question from Alpine Bank regarding proposal submission conditions, with the specific inquiry focused on whether a proposal conditioned on satisfactory underwriting and loan approval would be disqualified.

The solicitation relates to a $13 million project for reimbursing RFTA's expenditures on a workforce housing facility in Glenwood Springs, Colorado, which has been completed and is currently operational. RFTA aims to close the direct purchase/private placement financing in Fall 2025, with a funding deadline of early November 2025. The Q&A document clarifies that proposals with conditional responses, such as those subject to bank underwriting and loan approval, will not be automatically disqualified, providing flexibility for potential bidders in the procurement process.

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Text version

Questions & Answers - 1

Solicitation 25-048 - DIRECT PURCHASE OR PRIVATE PLACEMENT SERVICES FOR

WORKFORCE HOUSING

Buying Organization Roaring Fork Transportation Authority

No Question/Answer Question Date

Q1 Question: Conditional Response

Alpine Bank is interested in bidding on this proposal. The proposal will need to be be conditioned on satisfactory underwriting and loan approval through Alpine Bank. Will this type of condition disqualify the proposal?

Answer: No, it will not disqualify the proposal.

06/13/2025

Questions & Answers - 1

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