When is the submission deadline?

Submissions are due June 17, 2026.

What is the budget for this RFP?

The published budget is $3,000,000.

It was issued by City Of Ellsworth. The work is located in Ellsworth, Maine, United States.

Who is a good fit for this opportunity?

Financial institutions or lenders with experience in public sector financing. Proven track record in working capital solutions. Ability to structure short-term government financing. Familiarity with fiscal requirements of Maine government entities.

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Annual Working Capital Financing Service

Overview

Financial, Legal, HR & Staffing

Ellsworth, Maine, United StatesPosted: May 20th, 2026Deadline: June 17th, 2026

Fit Score

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SUMMARY

RFP for annual working capital financing services for a government agency in Ellsworth, Maine for the 2026–2027 fiscal year.

KEY REQUIREMENTS

Must be able to provide a $3,000,000 tax anticipation note
Bid must be for the entire $3,000,000 amount
Must provide interest rate and basis for computation
Must provide total interest amount assuming full draw at closing
Bid must remain open until at least June 17th, 2026
Must submit bid via OpenGov

BUDGET

Verified

$3,000,000

CONTRACT DURATION

12 months

TIMELINE

Bid submission deadline: June 2nd, 2026

Notification to successful bidder: June 17th, 2026

Settlement date: July 1st, 2026

Maturity date: June 30th, 2027

Issuing Agency

City Of Ellsworth

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DESCRIPTION

A government authority in Ellsworth, Maine is seeking a vendor to provide annual working capital financing services for the 2026–2027 fiscal year. The selected provider will be responsible for facilitating short-term financial solutions to support the operational cash flow needs of the agency.

The contract will be awarded for a one-year period. Interested parties must submit any questions regarding the solicitation by June 2, 2026.

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Frequently asked questions

When is the submission deadline?: Submissions are due June 17, 2026.
What is the budget for this RFP?: The published budget is $3,000,000.
Who issued this RFP?: It was issued by City Of Ellsworth. The work is located in Ellsworth, Maine, United States.
Who is a good fit for this opportunity?: Financial institutions or lenders with experience in public sector financing
Proven track record in working capital solutions
Ability to structure short-term government financing
Familiarity with fiscal requirements of Maine government entities

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