Strategic Square Footage Reduction Demolition Loans

The Ohio Department of Higher Education is accepting applications from eligible state institutions for Strategic Square Footage Reduction demolition loans to remove facilities or portions of facilities and prepare sites for future use.

Ohio > Department of Higher Education


General
Open
Nov 09, 2026 12:00 PM
Oct 05, 2026 12:00 PM
$55,650,000.00
5 years base + options: 10 years, 15 years
Request for Proposal (RFP)
State
Ask AI about this solicitation
Submission Instructions
Online
One electronic PDF file for Exhibit I and attachments for each facility, combined into a single PDF when multiple facilities are proposed., One Excel file for Exhibit II with the required tabs completed; multiple facility tabs must be included in the same workbook.
Description

The Ohio Department of Higher Education is administering revolving loans under the Strategic Square Footage Reduction Program for eligible state institutions of higher education to voluntarily reduce physical square footage by demolishing facilities or portions of facilities owned by the institution or an eligible nonprofit affiliate. Applications must address the facility, ownership, historical-site status, strategic planning, square-footage reduction, condition, deferred maintenance, value and reuse potential, infrastructure impacts, demolition costs, anticipated savings, enrollment, fiscal capacity, and repayment-term selection. Applicants must submit a separate application for each proposed facility, including the completed Exhibit I Loan Application Worksheet and Exhibit II Excel workbook. Supporting materials may include environmental and hazardous-material assessments, recent property and utility surveys, an appraisal, Board of Trustees documentation, an architect/engineer-signed demolition estimate, design or construction plans, and other documentation supporting the proposed demolition and site preparation. The program has appropriated $55,650,000 for FY 2027. A successful demolition bid not exceeding 110% of the architect/engineer's estimate is required before the loan is finalized, and awarded institutions must subsequently conduct competitive bidding for the demolition work.

Classification Codes
NAICS238910Site Preparation Contractors
PSCP400Demolition of Buildings
Smart Codes
building demolitiondemolition cost estimatingenvironmental site assessment
Specifications
Service Only
Timeline
Oct 5, 2026-Request for Applications Released
Oct 8, 2026-Application Launch Webinar (optional)
Webinar details are not provided in the solicitation.
Oct 12, 2026-Questions Due
Oct 14, 2026-Prior Capital Investments Form Due
Oct 19, 2026-Responses to Questions Posted
Nov 9, 2026-Full Application Submission
Nov 10, 2026-Application Review Begins
Dec 7, 2026-Notification of Preliminary Awards
Documents
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