Revolving Taxable Line of Credit

Virginia Polytechnic Institute and State University is seeking proposals for a term contract providing a $150 million working capital revolving line of credit and a $175 million committed commercial paper liquidity facility.

Virginia Polytechnic Institute and State University


General
Open
RFP-126938
Sep 21, 2026 03:00 PM
Aug 21, 2026 02:28 PM
Other
Request for Proposal (RFP)
State
Ask AI about this solicitation
Contact
bryanh91@vt.edu
+15402318545
Submission Instructions
Mail
Virginia Polytechnic Institute and State University, Blacksburg, VA
Description

Virginia Polytechnic Institute and State University is soliciting proposals for a term contract providing a $150 million working capital revolving line of credit and a $175 million committed line of credit to support the University's commercial paper program. The commercial paper liquidity facility will replace the existing $175 million facility backed by Truist, while the working capital facility will replace existing lines with Truist and First Bank and Trust. The University prefers closing in November 2026 for the commercial paper liquidity facility and December 2026 for the working capital facility. Existing working capital lines had no usage during the preceding 24 months.

Classification Codes
NAICS522110Commercial Banking
PSCX1PZLEASE/RENTAL OF OTHER NON-BUILDING FACILITIES
Smart Codes
revolving lines of creditworking capital financingcommercial paper liquidity support
Specifications
Service Only
Timeline
Aug 21, 2026-Open Date
Sep 21, 2026 07:00 PM-Close Date
Nov 1, 2026-Preferred Closing Date for Commercial Paper Liquidity Facility
Dec 1, 2026-Preferred Closing Date for Working Capital Facility
'Commercial Banking' Opportunities
Banking and Related Services

The South Carolina Education Lottery is seeking qualified FDIC-insured financial institutions to pro...

Due in 18 daysSouth Carolina > South Carolina Education Lottery
Comprehensive Banking Services

Cleveland State University is seeking proposals for comprehensive banking services, with responses d...

Due in 23 daysCleveland Institute of Art
Credit Union Services

The National Credit Union Administration is seeking services related to Martin County Co-Op Credit U...

United States of America > National Credit Union Administration
Bank Depository Services

Texas Southmost College is soliciting sealed proposals from qualified financial institutions with a ...

Due in about 1 monthTexas Southmost College
Banking Services

The Town of The Pas is seeking proposals from financial institutions to provide banking services for...

Due in 3 daysTown of The Pas
Supplemental Banking Services

The Rowan University/Rutgers-Camden Board of Governors is seeking a qualified bank to provide supple...

Due in 18 daysRowan University/Rutgers-Camden Board of Governors
Supplemental Banking Services

The Rowan University/Rutgers-Camden Board of Governors is seeking a qualified bank to provide supple...

Due in 18 daysRowan University/Rutgers-Camden Board of Governors
Annual Banking Services

The City of Snellville is seeking one banking institution to provide annual banking services, includ...

Due in 3 daysCity of Snellville
Supplemental Banking Services

The Rowan University/Rutgers-Camden Board of Governors is seeking a qualified bank to provide supple...

Due in 18 daysRowan University/Rutgers-Camden Board of Governors
Primary Depository Services

The City of League City is seeking an eligible financial institution with a branch or main office wi...

Due in about 1 monthCity of League City
Banking Depository Services

The City of Eureka, Missouri is seeking bids for banking depository services, with sealed bids due b...

Due in 18 daysCity of Eureka
Depository Banking and Treasury Management Services

The City of Navasota, Texas, is seeking a qualified financial institution to provide comprehensive d...

Due in 12 daysCity of Navasota
School District Depository Banking Services

A Mississippi school district is seeking a qualified financial institution to serve as its official ...

School District
Banking Services

Metropolitan Transit Authority of Harris County (METRO) is seeking a financial institution to provid...

Due in 4 daysMetropolitan Transit Authority of Harris County
Banking Services for the City of Snellville

The City of Snellville, Georgia is soliciting proposals from qualified banking institutions to provi...

Due in 3 daysCity of Snellville
Banking Services

The City of Baton Rouge and Parish of East Baton Rouge is seeking a financial institution to provide...

Due in 4 daysEast Baton Rouge Parish > Purchasing Division
Primary Depository and Banking Services

The City of Shenandoah, Texas, is seeking qualified financial institutions to provide primary deposi...

Due in about 1 monthCity of Shenandoah
Depository Banking Services

Aubrey Independent School District is seeking a depository bank to provide banking services includin...

Aubrey Independent School District
Primary Depository Services

The City of Georgetown, Texas, is seeking a qualified financial institution with a local branch or m...

Due in about 1 monthCity of Georgetown
Municipal Banking and Treasury Management Services

The City of North Bend is seeking a qualified financial institution to provide comprehensive banking...

Due in 18 daysCity of North Bend
Banking Services for South Suburban Park and Recreation District

South Suburban Park and Recreation District is seeking a qualified financial institution to provide ...

Due in 2 daysSouth Suburban Parks and Recreation District
Primary Depository and Treasury Services

The City of League City is seeking qualified financial institutions to provide primary depository, t...

Due in about 1 monthCity of League City
Water's Edge Federal Credit Union Services

The National Credit Union Administration is seeking a contractor to provide services for Water's Edg...

United States of America > National Credit Union Administration
Banking and Investment Services

The Sacramento Housing and Redevelopment Agency is seeking a qualified financial institution to prov...

Due in 5 daysSacramento Housing and Redevelopment Agency
Municipal Banking Services

The City of Clarkson Valley is requesting proposals from full-service banking institutions with a br...

Due in 13 daysTown of Clarksburg
Opportunities Near Beckley, West Virginia
Federal Bureau of Prisons Document Bid

The Federal Bureau of Prisons is seeking bids for a document.

Raleigh County Commission
Park Middle School Roof Replacements

Raleigh County Schools is seeking a contractor for roof replacements at Park Middle School in Beckle...

Raleigh County Board of Education
Truck-Mounted Message Boards and Bed Floor Racks

The West Virginia Parkways Authority is seeking two Ver-Mac TM-548 truck-mounted full-matrix message...

Due in 12 daysWest Virginia > West Virginia Parkways Authority
Culvert Inspection Camera System

The West Virginia Parkways Authority is requesting a quotation for one new culvert inspection camera...

Due in 11 daysWest Virginia > West Virginia Parkways Authority
Microsoft 365 Business Premium Licensing

The West Virginia Parkways Authority is requesting quotations for an open-end contract to provide an...

Due in 11 daysWest Virginia > West Virginia Parkways Authority
Big Ditch Lake Improvements

Region 4 Planning & Development Council is seeking a contractor for improvements to Big Ditch Lake, ...

Region 4 Planning & Development Council
Fayette County Broadband ISP Partnership

The Fayette County Commission is seeking an ISP/private partner to design, construct, deploy, operat...

Region 4 Planning & Development Council
Federal Programs Procurement Procedures

Fayette County Schools is seeking vendors to comply with federal grant procurement procedures for pu...

Fayette County Commission > Fayette County Schools
Cellular Data Plans for Library Devices

Fayette County Public Library System is requesting proposals for cellular data plans providing wirel...

Due in 5 monthsFayette County Public Library System
Fayette County Federal Programs Procurement Systems

Fayette County Schools is seeking a contractor to provide procurement systems and services in compli...

Fayette County Commission > Fayette County Schools
Wireless Hotspot Data Plan Services

Fayette County Public Library System is requesting proposals for wireless hotspot data plan services...

Due in 5 monthsFayette County Public Library System
Wireless Hotspot Data Plans

Fayette County Public Library System is requesting proposals for cellular data plans providing wirel...

Due in 5 monthsFayette County Public Library System
Homeless Action Plan Supplies

Fayette County Board of Education is requesting school supplies and personal hygiene items for homel...

Fayette County Commission > Fayette County Schools
Bus Garage and Maintenance Facility Repairs

McDowell County Board of Education is seeking bids for bus garage and maintenance facility repairs i...

McDowell County Schools
Industrial Composter, Installation, and Training

The Federal Bureau of Prisons is seeking one industrial composter with delivery, on-site installatio...

Due in 2 daysUnited States of America > JUSTICE, DEPARTMENT OF > FEDERAL PRISON SYSTEM / BUREAU OF PRISONS > FAO
Epoxy-Coated Rebar for Seth Substation Salt Shed

The West Virginia Department of Transportation is requesting a one-time purchase and delivery of 44,...

Due in 12 daysWest Virginia > Division of Highways > Division of Highways
Recreation Pen Concrete, Sidewalk, and Storm Drain Installation

The Virginia Department of Corrections is seeking a contractor to provide materials, labor, equipmen...

Due in 2 daysVirginia > Virginia Department of Corrections > Pocahontas State Correctional Center
Pocahontas State Correctional Center HVAC Services

The Commonwealth of Virginia is seeking semi-annual HVAC preventive maintenance, on-call repair, and...

Due in 2 daysVirginia > Virginia Department of Corrections
Kitchen Grease Trap Pumping and Disposal Services

The Virginia Department of Corrections is seeking a contractor to pump, haul, and dispose of approxi...

Due in 23 daysVirginia > Virginia Department of Corrections > Pocahontas State Correctional Center
New Pulaski County Middle School Construction

Pulaski County Public Schools is seeking a contractor for the construction of a new middle school, i...

Pulaski County School Board
Custom Fifth-Wheel Trailer Mobile DMV Office

The West Virginia Purchasing Division, on behalf of the West Virginia Division of Motor Vehicles, is...

Due in 4 daysWest Virginia > Department of Administration > Purchasing Division
Q-Fog and QUV Calibration, Repair, and Parts

The West Virginia Department of Transportation is seeking a sole-source provider for calibration aud...

Due in 10 daysNavajo Nation > Division of Transportation
Barracuda Web Application Firewall 460VX Subscription and Support

The West Virginia Department of Environmental Protection is requesting a 12-month Barracuda Web Appl...

Due in 9 daysWest Virginia > Department of Environmental Protection > Office of Administration
Four Dell Pro Max Tower T2 Workstation Computers

The West Virginia Department of Environmental Protection is requesting four Dell Pro Max Tower T2 de...

Due in 4 daysWest Virginia > Department of Environmental Protection > Division of Air Quality
Laptops and Docking Stations

The State of West Virginia is requesting bids for seven commercial business-class laptops and four c...

Due in 3 daysWest Virginia