Tax-Exempt Financing - Colorado Mesa University RFP-CMU-16-2553

Colorado Mesa University » RFP-CMU-16-2553

The information below is a summary of solicitation number RFP-CMU-16-2553 posted by Colorado Mesa University.  As a reminder, this solicitation is closed and responses are no longer being accepted.

Tax-Exempt Financing

Date Issued: 06/17/2016

Deadline: 07/13/2016  prior to 11:00 AM   M.D.T.

Requisition Number:

Delivery Point: Grand Junction, CO

Delivery Date: July 30, 2016

Type of Purchase: Term: Unspecified

Construction Related: No

Type of Response Allowed: Hard Copy Only

Issuing Agency: Colorado Mesa University

Using Department: Colorado Mesa University Finance

Special Notices: No special notices were chosen.

ACCEPTING VENDOR QUESTIONS:

Due Date: 6/24/2016 2:00:00 PM M.D.T.

Primary Contact Name: Mr. Andy Rodriguez

Title: Assistant Vice President of Auxiliary Services

Email: arod@coloradomesa.edu

SUMMARY OF SPECIFICATIONS:

Colorado Mesa University (CMU) is soliciting indications of interest and indicative pricing as of June 30, 2016 for an up to $15 million privately placed tax-exempt fixed and/or variable rate financing with either a 5-year or 10-year amortization.  Proposals must be for the full $15 million; however, lenders are able to independently partner with other lenders to meet CMU’s financial needs through the submission of a single proposal.  The narrative below details the proposed loan including the use of proceeds, security for the issue, debt service coverage, and a link to the University’s financial statements. Indications of interest including preliminary credit approval, indicative interest rate(s) and upfront and ongoing fees and other information specified in this document are requested by July 11, 2016, 11:00 a.m. submitted as outlined in the Administrative information of the RFP.  

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