Government Contract | New York
LETTER OF CREDIT FACILITIES, DIRECT PLACEMENT FLOATING RATE NOTES, AND REVOLVING CREDIT AGREEMENTS

Bid Information


Bid Alert No: 00000478824

Bid Title: LETTER OF CREDIT FACILITIES, DIRECT PLACEMENT FLOATING RATE NOTES, AND REVOLVING CREDIT AGREEMENTS

Agency Bid No. Title: Not Stated

Received Date: 02/09/2016

Close Date: 03/03/2016

Purchase Type: Not Stated

Delivery Point: Long Island, New York

Delivery Date: Not Stated

Special Notices: Questions Due By 02/17/2016

Specifications

Specifications include, but are not limited to: The Authority is seeking qualified firms to provide LOCs, DPs, or RCAs. While the Authority's priority is to first replace the RCAs expiring in March of 2017 through this RFP, the Authority may seek to replace any or all of the LOCs currently supporting the Bonds and CP Notes. Current LOC providers are also welcome to propose extensions for the Authoritys consideration either in lieu of or in addition to new proposals. The Authority may also elect to utilize any LOC, DP, or RCA to refund the currently outstanding Bonds or to fund new expenditures. Therefore, please indicate the maximum credit capacity your firm is willing to provide the Authority. If multiple firms are selected by the Authority, the Authority may choose to work with one of the selected firms to act as agent for itself and the other firm(s)

Product Codes: 94654, 94625

Agency Information


Issuing Agency: Long Island Power Authority

State: New York

Agency Type: State and Local

Contact: William Funk 333 Earle Ovington Boulevard, Suite 403, Uniondale,, New York, 11553

Phone: 516-222-9137

Email: wfunk@lipower.org

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