Financial Services -Brownfields Revolving Loan Fund

The Central Vermont Regional Planning Commission (CVRPC) is issuing a Request for Proposals to procure financial services for the administration of a Brownfields Revolving Loan Fund (RLF) capitalized with a $1 million grant from the U.S. Environmental Protection Agency under the Infrastructure Investment and Jobs Act for Fiscal Year 2025. The procurement seeks a qualified financial institution to provide comprehensive loan underwriting, loan servicing, and financial product design consultation for the management and deployment of this permanent fund throughout the CVRPC region in Vermont, specifically serving Rutland County and surrounding areas. The primary objectives of the RLF are to finance remediation and redevelopment projects at eligible brownfield sites that reduce contaminant exposure, enable safe and affordable housing development, create job opportunities in commercial spaces, incorporate flood resilience measures, or establish public open space. The selected financial institution will be responsible for structuring discounted and flexible loan products in addition to grant mechanisms to facilitate projects that demonstrate clear tangible public benefits and would not otherwise be feasible without advantageous financing terms. The RFP was posted on April 14, 2026, with a proposal submission deadline of May 15, 2026. While specific evaluation criteria, detailed scope requirements, and contractual specifications could not be fully accessed from the available RFP documentation, the institution selected will play a critical role in designing financial products and managing loan portfolios that align with CVRPC's brownfield remediation and community development objectives.

The RFP documentation provided does not explicitly identify set-asides for disadvantaged enterprises, minority-owned businesses, women-owned businesses, or other restricted entity designations; interested organizations should consult the complete RFP document for any applicable participation requirements or preferences. No incumbent vendors, current contractors, or existing infrastructure and technology integration requirements were identified in the available contracting opportunity materials. The contract award value is anticipated to be structured around the $1 million EPA grant capitalization, though specific compensation terms, fee structures, contract duration, and performance-based payment arrangements were not disclosed in the accessible portions of the procurement documentation. Interested financial institutions should obtain the complete RFP document directly from CVRPC to review all evaluation criteria, submission requirements, insurance provisions, contract administration details, and protest procedures necessary to prepare a competitive proposal response.