When is the submission deadline?

Submissions are due August 31, 2026. Questions must be submitted by August 31, 2026.

What is the budget for this RFP?

The published budget is $4,000,000.

It was issued by City Of Benton. The work is located in Benton, Arkansas, United States.

Who is a good fit for this opportunity?

Financial institutions or municipal finance firms experienced in public-sector project financing. Demonstrated experience arranging financing for parks, recreation, or infrastructure improvements. Strong understanding of government authority financing requirements. Capacity to structure or provide approximately $4 million in project financing.

Parks Improvements Financing Services (Due August 31, 2026)

A Benton, Arkansas government authority seeks financing services for $4 million in parks improvements, including turf fields for baseball and softball complexes.

Must provide financing for Riverside/Holland Parks improvements
Must accept terms authorized pursuant to Amendment 78 of the Arkansas State Constitution
Must accept that the note will be a charge against and payable from the general revenues of the City
Must accept that there will be no lien given on the property financed
Must accept that the financing will not be bank qualified for purposes of Section 265 of the Internal Revenue Code
Must accept that the interest on the short-term financing will be excludable from the gross income of the noteholder for federal income tax purposes
Must accept that there will be no out of pocket costs for outside legal counsel or any other closing costs
Must accept that the rate will be fixed for the term of the note
Must accept that the City reserves the right of redemption prior to maturity
Must accept that lenders will not be named as a loss payee

Questions and proposals due by August 31st, 2026.

Closing will occur no later than November 1st, 2026.

Repayments begin one month from the closing date.

Final payment due no later than five years after the closing date.

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

Additional decision-makers and their departments

A government authority in Benton, Arkansas is seeking financing services for parks improvements. The financing will support improvements to baseball and softball complexes, including the installation of turf fields.

The anticipated financing amount is $4,000,000. Qualified vendors are expected to provide financing services appropriate for the planned parks improvement project.

Parks Improvements Financing Services

Overview

Settle Signals

SUMMARY

KEY REQUIREMENTS

BUDGET

CONTRACT DURATION

TIMELINE

QUESTION DEADLINE

CONTACTS

Issuing Agency

DESCRIPTION

Similar RFPs

Frequently asked questions

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