Request for Proposals Underwriting Services

Bid Title:Request for Proposals Underwriting Services Category:ServicesStatus:Open Description: The City of Rock Island, Illinois is hereby requesting proposals from qualified financial institutionsor financial professionals with knowledge of standard underwriting practices, to assist with theunderwriting review of incoming loan applications to the CIRLF program. It is the intent of thisRFP to have the successful bidder enter a professional services contract with the City to provideunderwriting services as outlined herein. Publication Date/Time: 12/5/2022 8:00 am Closing Date/Time: 12/12/2022 4:00 pm Contact Person: CED Department Attn: Tarah Sipes, Economic Development Manager 1528 3rd Avenue Rock Island, IL 61201 ENCLOSED: Response to RFP - Underwriting Services Business Hours: 8:00AM - 4:30PM Qualifications: 1. Bidders must be currently licensed as required by the State of Illinois. 2. Bidders must have at least five years of experience in relevant work. Special Requirements: The

proposal should include the following sections to coincide with this RFP: A. Description of your firm including size, location, number, and nature of the professional staff to be assigned to this project. B. Staff experience and training, including a brief resume for each key person listed. Describe experience your firm or organization has in pertinent business lending and development experience. C. Experience in assisting similar entities, including any and all services for government agencies. List of at least three (3) references where and when your firm provided similar services. Please provide names and telephone numbers of contact persons for each reference. D. Additional services offered through your firm, if any that may be relevant to the operation of a small business loan program. E. The proposed fee schedule for services. F. Please provide an original of the proposal response and one copy delivered in a sealed envelope as outlined below under “Submission of Proposal”. Related Documents: City of Rock Island Request for Proposals - CIRLF Underwriting Services (1) Return To Main Bids & RFPs Page