My Florida Marketplace #27-RFP-001-VW

Florida Department of Commerce seeks Fiscal Administrator for business lending programs

The Florida Department of Commerce, through its Office of Small Business Innovation, is seeking a qualified vendor to serve as Fiscal Administrator for two major business lending programs: - Revolving Loan Fund: Hurricane Irma Resiliency Program - Evergreen Loan Fund

Key responsibilities for the Fiscal Administrator include: - Managing and administering a total of $40 million in federal funds - Overseeing loan application processing, approval/denial, closing, disbursement, monitoring, repayment, and reporting - Creating and managing Loan Administration Boards - Providing quarterly reports and maintaining detailed records

Notable requirements: - Ability to support Florida small businesses impacted by Hurricanes Irma and Michael - Compliance with Florida statutes and public records access - Fixed-price contract with potential renewals - No specific OEMs or technology vendors are named; opportunity is open to all qualified service providers

Period of performance: - Initial contract term of approximately 10 years, with possible renewals for up to two additional years - Contractor must assume responsibilities within 30 days of contract execution

Description

The Florida Department of Commerce is soliciting proposals from qualified respondents to provide lending and access to credit services to Florida businesses. This is to be done using funds allocated under the Revolving Loan Fund: Hurricane Irma Resiliency Program and Evergreen Loan Fund. The solicitation aims to engage a fiscal administrator to manage these lending programs effectively. Proposals must be submitted by September 22, 2026, and the contract will be governed by specified terms and conditions.

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