New York State Contract Reporter #2136314

Long Island Power Authority Solicits Letter of Credit Facilities or Direct Placements

This opportunity involves the Long Island Power Authority seeking financial services to support its operations in Nassau, Queens, and Suffolk counties, NY. - Government Buyer: - Long Island Power Authority (LIPA) - Managed by Senior Manager of Procurement, Maria Gomes - OEMs and Vendors: - Past and potential vendors include Bank of America, TD Bank, Royal Bank of Canada, Barclays Bank, and Sumitomo Mitsui Banking Corporation - Products/Services Requested: - Letter of Credit Facilities or Direct Placements - Strictly financial services; no physical products, part numbers, or specific quantities - Unique or Notable Requirements: - All proposals must be submitted electronically via Bonfire - All communications and Q&A are posted publicly to ensure transparency - No MWBE goals are set for this contract - Emphasis on equal access to information for all proposers

Description

The Long Island Power Authority is soliciting proposals from firms to provide services for Letter of Credit Facilities or Direct Placements. The Request for Proposals (RFP) is available on Bonfire's website. Proposers must submit electronic copies of their technical and price proposals by July 16, 2026, at 3 p.m. EST. All communications and questions regarding the RFP will be posted on the Bonfire website to ensure equal access to information.

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