City of Long Beach Buyspeed #FM-26-704

Award for Revolving Line of Credit Providers for City of Long Beach

This award notice details the City of Long Beach's selection of providers for revolving lines of credit to support short-term financing of capital projects. - Government Buyer: - City of Long Beach Financial Management Department - Project location: City Treasurer's Office, 411 W Ocean Blvd, Long Beach, CA - OEMs and Vendors: - No specific OEMs or vendors are named in the notice - Products/Services Requested: - Revolving lines of credit for short-term capital project financing - Service classified under banking services (NIGP code 94625) - Establishment of a pool of qualified providers - Unique or Notable Requirements: - Providers must be able to offer reliable, short-term financing mechanisms - The pool supports the City's capital plan and financial management needs - Managed through the BuySpeed portal with relevant attachments and addendum - Place of Performance: - City Treasurer's Office, 411 W Ocean Blvd, Long Beach, CA

Description

The City of Long Beach is seeking to establish a pool of Line of Credit Providers to create a reliable mechanism for short-term financing of capital projects in the City's capital plan. This procurement is classified under banking services and aims to support financial management from August 1, 2026, to August 1, 2028. The solicitation is a Request for Qualification (RFQ) and was awarded on March 25, 2026. The project is managed through the City's BuySpeed portal and includes relevant attachments and an addendum.

View original listing