Capital Improvement Revenue Note

FIN 10-20 Bid Packet:  Capital Improvement Revenue Note, Series 2021

The Village of Tequesta is seeking proposals from qualified financial institutions to provide a tax-exempt fixed rate bank loan in a principal amount of not-to-exceed $7.0 million in accordance with the terms, conditions, and specifications contained in this Request for Proposals (RFP).

Request for Proposals documents are available on the Village of Tequesta’s website at Village Website, Demand Star(, or by contacting the Village Clerk’s office at (561) 768-0443.

Sealed Proposals must be clearly marked “RFP #FIN10-20, Bank Loan Financing – Capital Improvement Revenue Note, Series 2021” and delivered to the Village Clerk at 345 Tequesta Drive, Tequesta, Florida 33469.   One (1) clearly marked unbound original and four (4) copies of the proposal shall be submitted.  The deadline for submission of Proposals is December 16, 2020 at 2:00 P.M. local time. Late Proposals will not be accepted and will be returned to the sender unopened.

A public meeting of the Village’s Selection Committee is expected to convene at 10:00 A.M. EST on Friday, December 18, 2020 in the Council Chambers at 345 Tequesta Drive; Tequesta, Florida 33469 to review and discuss rankings of the proposers.

It is the responsibility of the Proposer to ensure that all pages are included in the submission. All Proposers are advised to closely examine the request for proposal documents. Any questions regarding the completeness or substance of the request for proposal documents or the scope of services must be submitted in writing via email to Sonal Bhatt, Accountant, by 2 P.M. local time on November 25, 2020.

The Village reserves the right to accept or reject any or all Proposals, in whole or in part, with or without cause, to waive any irregularities and/or technicalities, and to award the contract on such coverage and terms it deems will best serve the interests of the Village.

This Public Notice has been posted on the Village of Tequesta’s website, Village Website, and on Demand Star (


Addendum 1 - Issued 11/18/20

Addendum 2 - Issued 11/25/20

Notice of Intent to Award