Financing Services for Energy Performance Contract and Facility Improvement Projects
- Client
- Pikes Peak Library District
- Solicitation No.
- —
- Posted
- 10/22/2026
- Category
- Professional, Consulting, Administrative or Management Support Services
- Budget
- Looking for Proposals
- NAICS
- —
- Set-aside
- —
- Contact
- —
Description
AI GeneratedPikes Peak Library District requests proposals from qualified banks and lenders to provide financing for an energy savings and facility improvement project in Colorado Springs, Colorado. The District requires a tax-exempt lease purchase agreement for one of two contemplated options: Option A requires $4.7M in financing for a $6.3M total project cost, while Option B requires $5.1M in financing for an $8.5M total project cost. Eligible applicants are limited to USA organizations. All questions regarding the opportunity must be submitted via email by October 28, 2026, and the District will post responses online by October 30, 2026. Applicants must submit their proposals digitally via email or online, targeting a desired closing date before the end of December 2026. The District will evaluate proposals based on interest rates, total financing costs, lender qualifications, experience with public-sector financing, and the ability to meet the District's requirements and closing schedule.
Key solicitation details
AI-extracted from RFP Financing for Energy Performance Contract.pdf. Confirm against the original documents before bidding.
Pikes Peak Library District is requesting proposals from qualified banks and lenders for a tax-exempt lease purchase agreement to fund an energy savings and facility improvement project. The District is evaluating two financing options, Option A for $4,745,378 and Option B for $5,101,732. Qualified financial institutions are invited to submit indications of interest.
- Issued by
- Pikes Peak Library District
- Questions due
- October 28, 2026
- Responses to questions posted online
- October 30, 2026
- Proposals due
- November 4, 2026
- Anticipated selection
- on or by November 11, 2026
- Board of Trustees meeting
- November 18, 2026
- Desired closing date
- Before end of December 2026
- How to submit
- Submission details
- Respond via email to Rachel Brombaugh at [email protected], Kim Hoggatt at [email protected], and District Procurement at [email protected]
- Contract term
- 19 years
- Estimated value
- $4,745,378 for Option A or $5,101,732 for Option B
- Place of performance
- El Paso County, Colorado
How proposals are evaluated
| Proposed financing terms and conditions, including repayment structure, prepayment provisions, and flexibility | |
| Interest rate and total cost of financing, including any applicable fees | |
| Lender qualifications and experience with public-sector financing | |
| Ability to meet the District's financing requirements and anticipated closing schedule | |
| Any other items deemed in the best interest of PPLD |
Scope of work
- Tax-exempt lease purchase agreement financing
- Funding for facility controls and lighting upgrades
- Funding for water conservation systems
- Funding for chiller replacement measures
Minimum qualifications
- Qualified banks and lenders with experience in public-sector financing
Documents to include with the bid
- Indication of interest and proposed structure(s)
- Standard prepayment fee structure
- Firm qualifications and proposed lease structure information
Verify important details
Document checkConfirm submission instructions and amendments with the issuing agency before responding.
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