Revolving Loan Fund Loan Underwriting Services
Overview
Fit Score
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SUMMARY
KEY REQUIREMENTS
CONTRACT DURATION
TIMELINE
RFP Issued: June 16th, 2026
Deadline to Submit Written Questions: June 25th, 2026
City Responses to Questions Posted: July 2nd, 2026
Proposal Submission Deadline: July 16th, 2026
Evaluation/Scoring Period: July 17th – July 21st, 2026
Oral Interviews: July 22nd – July 23rd, 2026
Notice of Intent to Award: July 24th, 2026
Submitted for City Council Approval: August 3rd, 2026
Contract Start Date: August 5th, 2026
QUESTION DEADLINE
CONTACTS
Primary procurement contact — name, title, email, and phone
Additional decision-makers and their departments
Issuing Agency
City Of New London
DESCRIPTION
The government authority in New London, Connecticut seeks qualified vendors to provide professional underwriting services for its revolving loan fund. Vendors will be responsible for comprehensive review of borrower financial information, including analysis of borrower creditworthiness, repayment capacity, overall financial strength and liquidity, and project feasibility.
Duties include assessing the adequacy of collateral and security, identifying key financial risks with corresponding mitigation strategies, and preparing detailed written underwriting memoranda. The successful bidder will support the agency in making sound lending decisions through thorough and objective loan risk analysis. The contract will be awarded for a period of two years.
All questions related to this RFP must be submitted by June 25, 2026.
Similar RFPs
Frequently asked questions
- When is the submission deadline?
- Submissions are due July 16, 2026. Questions must be submitted by June 25, 2026.
- Who issued this RFP?
- It was issued by City Of New London. The work is located in New London, Connecticut, United States.
- Who is a good fit for this opportunity?
- Experience in loan underwriting for government or public lending programs
- Proven track record evaluating borrower credit, risk mitigation, and collateral analysis
- Capacity to deliver thorough underwriting memoranda
- Licensed and authorized to provide financial services in Connecticut
- Strong references from similar municipal revolving loan fund projects
Analysis generated by Settle AI from the source RFP.
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