RFP_25-32_Proposal_Opening_Minutes.pdf

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Attached to
Request for Bank Loan Proposals
Solicitation number
25-32
Issued by
Seminole County, Florida

About this file

This document is a Request for Proposals (RFP) #25-33 issued by the City of Oviedo for a Tax-Exempt, Non-Bank Qualified Bank Loan. The RFP was broadcast on VendorLink on April 1, 2025, with proposals accepted until 12:00 p.m. on April 22, 2025. Five financial institutions submitted proposals: Bank of America, N.A., Regions Capital Advantage, Inc., TD Public Finance LLC, Truist Commercial Equity, Inc., and Webster Bank, N.A.

The City of Oviedo reserves the right to accept or reject any and all proposals, with all submissions currently under evaluation to determine responsiveness and responsibility. The loan proceeds are intended to fund capital improvements to the city's stormwater utility system and cover the associated issuance costs. While specific financial details are not provided in this document, the RFP represents a competitive solicitation for a financial product to support municipal infrastructure development.

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Request for Proposals (RFP) #25-33: Request For Bank Loan Proposals (RFBLP):

Tax-Exempt, Non-Bank Qualified Bank Loan

April 22, 2025

The above-mentioned RFP was broadcast on VendorLink, on April 1, 2025. Proposals were accepted until 12:00 p.m. on April 22, 2025.

The names of the firms who submitted proposals are listed below.

Company Name

Bank of America, N.A.

Regions Capital Advantage, Inc.

TD Public Finance LLC

Truist Commercial Equity, Inc.

Webster Bank, N.A.

The City of Oviedo reserves the right to accept or reject any and all proposals. All proposals are under evaluation to determine responsiveness and responsibility.

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