FY26 Private Activity Bond Cap Allocation

Washoe County is seeking qualified proposals for the allocation of Private Activity Bond Volume Cap capacity through a Request for Proposals (RFP) issued on July 25, 2025, with responses due by August 7, 2025. The procurement aims to create a list of eligible projects that can be proposed to the State of Nevada for bond allocation, focusing on potential infrastructure or development initiatives that require private activity bond financing. Proposals must demonstrate clear qualifications and potential community impact, with evaluation likely centered on project feasibility, economic development potential, and alignment with county and state strategic objectives. The RFP process is designed to identify and prioritize projects that can effectively utilize the limited bond volume cap allocation provided to Washoe County. Interested parties must carefully prepare comprehensive proposals that articulate the specific use of bond financing, project details, economic benefits, and implementation strategies.

While specific set-aside designations are not explicitly outlined in the provided information, government procurement opportunities typically encourage participation from diverse businesses, including minority-owned, women-owned, and disadvantaged business enterprises. The bond allocation process suggests that proposals may be evaluated based on broader economic development goals, potentially favoring projects that demonstrate significant community impact, job creation, or critical infrastructure development. The RFP does not specify a precise award value or budget range, indicating that the bond allocation will be determined by the merit and feasibility of individual project proposals. Potential respondents should be prepared to provide detailed financial projections, project timelines, and comprehensive documentation demonstrating their capacity to successfully implement the proposed initiative. Interested parties are advised to carefully review the full RFP documentation and prepare thorough, well-structured proposals that align with Washoe County's economic development objectives.