Project Information

Bid Title

Request for Proposals General Obligation Bonds/Bank Loans

Issuing Agency

Venango County

Location

Pennsylvania

Published Date

Feb 12, 2025

Closing Date

Mar 3, 2025

Government Level

State & Local

Status

Closed

Original Source

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Bid Documents

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Project Description

Bid Title:	Request for Proposals General Obligation Bonds/Bank Loans
Category:	General Bids
Status:	Open

Description: REQUEST FOR PROPOSALS GENERAL OBLIGATION BONDS/BANK LOAN COUNTY OF VENANGO The County of VENANGO, Pennsylvania (the “County”), is soliciting information from institutions in connection with its anticipated issuance of debt in the estimated principal amount of $5,000,000. The proceeds of the debt will be used towards various capital improvement projects as outlined in the County’s long-term Capital Improvement Plan. This RFP turnaround and the financing timeline is being expedited. The County would like to consider an Ordinance at its March Meeting and enact the Ordinance at its first April Meeting and be in position to price the Debt in late-April. By responding to this RFP, respondents are affirming they can meet the above schedule. The debt is expected to be tax-exempt and non-bank qualified. The County is currently rated AA- by S&P. In connection with this upcoming financing, the County is soliciting information from certain institutions. For Municipal Advisor Rule purposes, the County is sending this Request for Proposals to at least three institutions. Publication Date/Time: 2/12/2025 12:00 AM Closing Date/Time: 3/3/2025 1:00 PM Related Documents: Debt Issuance - 2025

Commodity Codes

• NAICS 541611Administrative Management and General Management Consulting Services

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