When is the submission deadline?

Submissions are due October 1, 2026. Questions must be submitted by September 22, 2026.

It was issued by City Of Archer. The work is located in Archer, Florida, United States.

Who is a good fit for this opportunity?

Qualified commercial bank or financial institution. Proven experience with municipal or government loan refinancing. Capability to structure term loans and refinance lines of credit. Ability to provide related depository and treasury services. Strong financial capacity and competitive lending terms.

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Bank Loan Refinancing Service

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Overview

Financial, Legal, HR & Staffing

Archer, Florida, United StatesPosted: September 17, 2026Deadline: October 1, 2026

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SUMMARY

A government authority in Archer, Florida is seeking a financial institution to refinance an existing line of credit into a structured term loan and provide related depository services. The procurement will evaluate financing options for two principal amounts.

KEY REQUIREMENTS

Must be a bank, credit union, savings association, or other regulated financial institution authorized to conduct business in Florida
Must be federally insured by the FDIC or NCUA
Must be a Qualified Public Depository designated by the Florida Chief Financial Officer
Must have experience with municipal or other Florida local-government loans and depository services
Must be able to fund both $800,000 and $1,000,000 loan alternatives
Must submit one signed original, three paper copies, and one USB drive with a searchable PDF and Excel-compatible amortization schedules
Must not be on the convicted vendor list for public entity crimes
Must provide certifications regarding boycott of Israel and other applicable statutes

CONTRACT DURATION

300 months

TIMELINE

RFP issued and advertised: September 16th, 2026

Written questions due: September 22nd, 2026

Final addendum anticipated: September 24th, 2026

Sealed proposals due: October 1st, 2026

Staff recommendation to City Commission: October 12th, 2026

QUESTION DEADLINE

September 22, 2026

CONTACTS

Primary procurement contact — name, title, email, and phone

Additional decision-makers and their departments

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Issuing Agency

City Of Archer

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DESCRIPTION

A government authority in Archer, Florida is seeking a qualified financial institution to provide bank loan refinancing services. The engagement involves refinancing an existing line of credit and providing related depository services.

The selected institution will provide a direct loan to refinance and convert the existing line of credit into a structured term loan. Proposals are requested for two principal amounts, with the goal of identifying the financing and depository relationship that offers the best overall value to the city. All questions must be submitted by September 22, 2026.

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Frequently asked questions

When is the submission deadline?: Submissions are due October 1, 2026. Questions must be submitted by September 22, 2026.
Who issued this RFP?: It was issued by City Of Archer. The work is located in Archer, Florida, United States.
Who is a good fit for this opportunity?: Qualified commercial bank or financial institution
Proven experience with municipal or government loan refinancing
Capability to structure term loans and refinance lines of credit
Ability to provide related depository and treasury services
Strong financial capacity and competitive lending terms

Analysis generated by Settle AI from the source RFP.

RFP Hunter shows what is open. Settle shows what is forming.

Settle pieces together buyer signals, budgets, contract activity, and the sources your team already monitors. See why an opportunity fits and what to do before the RFP posts.

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