Do you know your stuff when it comes to managing finances? If so, the Town of Enfield, Connecticut is seeking proposals for fixed-rate municipal financing for financing capital equipment and other improvements. This financing RFP contains multiple packages, each for a different type of capital improvement. As such, firms may choose which packages they’d like to respond to.
In addition, all applicants should be able to fund an escrow account. The account will be used to fund vendor payments or provide another means to allow reimbursement to the Town as items are purchased or funds are needed. Any interest earned in the escrow will accrue to the Town. To view the full financing RFP requirements, click here.
Proposals are due to the Town’s Director of Finance office by Tuesday, October 20, 2020 at 11:00 AM. For each proposed package, firms should provide a Proposal Form (Appendix B). Also, each submission must include a stated annual fixed interest rate for financing.
If you have questions about this financing RFP, please contact Cathy Cherpak, Purchasing Assistant, at firstname.lastname@example.org. Applicants are allowed to submit questions until 5:00 PM on October 9, 2020. The Town will post all responses to contractor questions on their site for your convenience.
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