Stormwater Utility Revenue Bond Service

Overview

Financial, Legal, HR & Staffing

Lauderhill, Florida, United StatesPosted 29 days agoDeadline: May 4th, 2026

Fit Score

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SUMMARY

The City of Lauderhill seeks a provider to secure a $5 million fixed-rate, tax-exempt direct bank loan for its 2026 Stormwater Utility Revenue Bond.

KEY REQUIREMENTS

Must be a qualified financial institution
Must provide interest rates for both Bank Qualified and Non-Bank Qualified status
Must submit required forms: PUR 7068, Sworn Statement under Section 287.133(3)(a) Florida Statutes, and Non-Collusion Affidavit
Must have authority to bind the proposer to the submitted proposal
Must maintain a drug-free workplace in compliance with Florida law

BUDGET

Verified

$5,000,000

CONTRACT DURATION

240 months

TIMELINE

RFP Released: April 6th, 2026

Questions Due: April 24th, 2026

Responses Due: May 4th, 2026

Recommendation of Lender: May 2026

Commission Meeting to Approve Financing Documents: May 2026

Closing: May 2026

QUESTION DEADLINE

April 24th, 2026

Issuing Agency

City Of Lauderhill

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DESCRIPTION

The government authority in Lauderhill, Florida is soliciting proposals for professional services related to a Stormwater Utility Revenue Bond, Series 2026. The selected vendor will be responsible for securing a fixed-rate, tax-exempt direct bank loan with a principal amount not exceeding $5,000,000.

All prospective respondents must submit any questions regarding the RFP no later than April 24, 2026. This initiative seeks experienced financial partners capable of managing municipal bond transactions and ensuring compliance with regulatory requirements.

Source attribution

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