Opportunity
St Lucie County Demandstar #OMB21-001
St. Lucie County Solicits Tax-Exempt Fixed Rate Term Loan Proposals
Posted
June 10, 2021
Respond By
July 07, 2021
Identifier
OMB21-001
NAICS
522298
St. Lucie County is requesting proposals for a tax-exempt, fixed rate term loan (Capital Improvement Revenue Note, Series 2021): - Government Buyer: - St. Lucie County Purchasing Department - OEMs and Vendors: - No specific OEMs or product manufacturers required - TD Bank, N.A. is listed as a planholder (potential lender) - Products/Services Requested: - Provision of a direct, tax-exempt, fixed rate term loan - No products, part numbers, or physical goods specified - Quantity: 1 loan - Unique or Notable Requirements: - No disclosure documents will be prepared for this loan - Lender selection based on lowest overall borrowing cost and most favorable terms to the County - County retains sole discretion in selection process
Description
St. Lucie County, Florida is seeking proposals to provide a tax-exempt, fixed rate term loan at the lowest overall borrowing cost under certain conditions determined by the County. The loan, referred to as the Capital Improvement Revenue Note, Series 2021, will be a direct loan with no disclosure documents prepared by the County. The lender will be selected based on the overall borrowing cost and terms most favorable to the County, at the County's sole discretion. The bid is currently under evaluation.