Loan Underwriting and Administration Services

Overview

Financial, Legal, HR & Staffing

Olympia, Washington, United States; Lacey, Washington, United StatesPosted about 1 month agoDeadline: April 30th, 2026

Fit Score

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SUMMARY

The City of Lacey, Washington, requests loan underwriting and administration services, including affordable loan provision, detailed reporting, and annual financial audits.

KEY REQUIREMENTS

BUDGET

Verified

$20,000,000

CONTRACT DURATION

60 months

TIMELINE

RFP Issued through WEBS: March 26, 2026

Vendor Questions and Comments Due for Pre-bid Conference: April 9, 2026

Pre-Bid Proposal Conference (optional attendance): April 15, 2026 from 10:00am – 11:00am

Final Vendor Questions and Comments Due: April 20, 2026

State’s Final Written Answers to Questions, issue amendment to RFP: April 24, 2026

Proposal Due Date and Time: April 30, 2026 by 4:00 pm Lacey, WA time

Evaluation Period: May 1st-6th, 2026

Bidder Interviews: May 6th-8th, 2026

Apparent Successful Bidder Announcement: May 12th, 2026

Hold debriefing conferences (if requested): May 15th, 2026

Contract Negotiation & Agreement: May 15th-21st, 2026

Estimated Contract Effective Start Date: June 1st, 2026

QUESTION DEADLINE

April 20th, 2026

Issuing Agency

Washington State Department Of Ecology

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DESCRIPTION

A government authority in Lacey, Washington, is seeking a vendor to provide comprehensive loan underwriting and administration services. The selected contractor will be responsible for offering affordable loans to private property owners for repairing or replacing failing systems on residential properties. Regular reporting is required, including quarterly reports with each payment request that detail the total dollar amount of loan activity, completed acquisition projects, and acres acquired.

The contractor will also be expected to present updates on funding, outreach activities, and ongoing portfolio monitoring and administration at the authority's annual meeting, contributing to adaptive management efforts. Reports will be submitted through established payment request and progress report processes, with annual audited financial statements and consumer audit reports due each year by June 30. Effective contract administration and thorough reporting are essential to this engagement.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.