Request for Proposals: Financial Services - Bid 05641 - Montpelier, VT RFP

Bid #05641. Contact: toohey@cvregion.com. Montpelier, Vermont. The Central Vermont Regional Planning Commission is seeking a financial institution to manage its new $1 million EPA-funded Brownfields Revolving Loan Fund. The selected partner will provide. Due Jul 14 (6 days left).

What this bid is about

The Central Vermont Regional Planning Commission is seeking a financial institution to manage its new $1 million EPA-funded Brownfields Revolving Loan Fund. The selected partner will provide underwriting, servicing, and financial product design for loans aimed at brownfield remediation and redevelopment across Vermont. This initiative prioritizes projects with significant public benefits and requires expertise in handling diverse applicant needs and financial risks.

About this solicitation

CVRPC secured a $1 million FY25 Revolving Loan Fund (RLF) Grant from EPA under the Infrastructure Investment and Jobs Act (IIJA), which will capitalize a permanent fund for the remediation and redevelopment of eligible brownfield sites within the region. This RLF will fund cleanup projects that benefit residents by reducing exposure to contaminants, create safe and affordable housing, generate job opportunities in newly created or retained commercial space, incorporate flood resilience, or create public open space. While all eligible projects will be considered, CVRPC will use its RLF to provide discounted and flexible loan terms (in addition to grants) to meet these goals, prioritizing projects that provide clear tangible public benefits and would not be possible without advantageous financing. CVRPC is issuing this Request for Proposals with the intent of selecting a qualified financial institution to provide loan underwriting, loan servicing, and advice in financial product design for the CVRPC Brownfields Revolving Loan Fund. The selected financial institution will provide guidance and financial oversight that considers the differing needs and capabilities of RLF loan applicants, which may include municipalities, nonprofits, and for-profit entities; unique and sometimes limited financial assets; varying levels of financial risk; and a range of experience in real estate development, environmental remediation, and financial management. A successful RLF program will serve all these needs and remain flexible to accomplish its goals. Locations: State-Wide

Bid summary

CENTRAL VERMONT REGIONAL PLANNING COMMISSION issued this environmental opportunity in Montpelier, Vermont, referenced as solicitation number 05641. It was published on June 16, 2026, and responses are due by July 14, 2026. Questions can be directed to toohey@cvregion.com.

Public procurement context

CENTRAL VERMONT REGIONAL PLANNING COMMISSION in Montpelier, Vermont is using this solicitation to procure environmental work. Public agencies typically advertise this kind of work as a Request for Proposals (RFP), evaluating bidders on a combination of qualifications, technical approach, and price. Bidders responding to a environmental solicitation in Vermont are generally expected to provide proof of liability insurance and workers' compensation coverage, hold any state license or trade certification required for the scope of work, and post performance and payment bonds for contracts above the agency's threshold.

Federal-aid funding flowing through programs such as the Federal Highway Administration, FEMA, or the Infrastructure Investment and Jobs Act brings additional compliance requirements on solicitations like this one, including Davis-Bacon prevailing wage, Buy America provisions where applicable, and Disadvantaged Business Enterprise (DBE) participation goals set by the issuing agency. PublicBidSearch indexes this solicitation alongside other open bids in Vermont so contractors and vendors can compare active opportunities by category, agency, or location without monitoring each procurement portal individually.

How to respond to this RFP

To submit a proposal for this RFP, review the full solicitation documents for CENTRAL VERMONT REGIONAL PLANNING COMMISSION's exact scope of work, submission format, and any mandatory pre-bid meeting or site visit. Responses must be received before the July 14, 2026 deadline — public agencies routinely reject late submissions regardless of cause. Confirm how the agency accepts responses — through an electronic procurement portal, as a sealed hard-copy bid, or by email — because the required method varies by agency and a non-conforming submission can be disqualified. Direct questions about scope or specifications to toohey@cvregion.com before the agency's question cut-off date. Vendors that have not previously contracted with CENTRAL VERMONT REGIONAL PLANNING COMMISSION should confirm whether registration on the agency's vendor system is required to be eligible for award.

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