Revolving Loan Fund Fiscal Administration

The Florida Department of Commerce is seeking a fiscal administrator to administer revolving loan funds, including processing and servicing loans for Florida small businesses affected by hurricanes and seeking resiliency financing.

State of Florida > Florida Department of Commerce > Purchasing Office


General
Open (open)
RFP-16727
Sep 22, 2026 12:00 PM
Aug 19, 2026 03:59 PM
10 years base + 1 × 10 years option
Request for Proposal (RFP)
State
Ask AI about this solicitation
Original Solicitation Links
Contact
floridacommerce.purchasing@commerce.fl.gov
+18502457464
107 East Madison Street, Tallahassee, FL, USA
Description

The Florida Department of Commerce is seeking a qualified fiscal administrator to oversee the Resiliency Loan Fund: Hurricane Irma Resiliency Program and the Evergreen Loan Fund. The contractor will administer loans to eligible Florida small businesses, including processing applications, obtaining credit reports, conducting environmental reviews, preparing underwriting risk assessments and loan write-ups, and convening Loan Administration Boards to approve or deny applications. The scope also includes loan closing and disbursement, repayment processing, loan servicing, recordkeeping, monthly and quarterly reporting, monitoring delinquencies and bankruptcies, and maintaining complete loan files. The contractor must be a Community Development Corporation, Community Development Financial Institution, or nonprofit organization. The anticipated contract period is approximately 120 months for each fund, beginning December 2026, with renewal and extension provisions. Two contracts are anticipated, and the solicitation requires sealed paper and electronic proposal submissions with separate technical and cost proposals.

Classification Codes
NAICS522220Sales Financing
PSCR710Financial Services (includes credit card services and any other financial services. See revision to description for code R703 above)
Smart Codes
loan administration servicessmall business lendingloan servicing and reporting
Specifications
Service Only
Timeline
Aug 19, 2026-Open Date
Aug 28, 2026-Technical Questions Due
Sep 10, 2026-Anticipated Questions and Answers Posting
Sep 22, 2026-Proposal Due Date
Oct 1, 2026-Anticipated Notice of Intent to Award
Oct 1, 2026-Anticipated Contract Execution
Oct 6, 2026-Anticipated Technical Proposal Evaluation
Requirements
Required
  • Commercial General Liability — $100,000.00
  • Workers' Compensation
  • Employer's Liability
  • Errors and Omissions
Required
  • Minimum 3 references
  • Client point of contact required for each reference
Documents
TitleDate Posted
Fiscal AdministratorAug 19, 2026 05:15 PM
Fiscal AdministratorAug 19, 2026 03:59 PM
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