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  5. ›2026 RFP for Letter of Credit Facilities or Direct…

NYS Long Island Power Authority·New York

2026 RFP for Letter of Credit Facilities or Direct Placements

Closes 7/16/2026$500k – $2.5MRequest for ProposalLogin required
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Description

June 16, 2026 To All Interested Proposers: The Long Island Power Authority (the “Authority”) is soliciting proposals from firms to provide Services for Letter of Credit Facilities or Direct Placements. The Request for Proposals ("RFP") is available for your reference on Bonfire’s web site at https://lipower.bonfirehub.com. It is requested that no later than July 16, 2026, by 3 p.m. EST, each proposer submits electronic copies of their technical proposal and price proposal in two separate files, along with the necessary forms. To facilitate communications between the Authority and Proposers and to ensure that all Proposers have access to the same information, all information concerning this RFP will be posted on Bonfire’s website at https://lipower.bonfirehub.com. All questions regarding this RFP must be submitted as set forth in the RFP. The Authority will post questions and responses on the RFP website. Maria Gomes will serve as the primary point of contact for this RFP. Except as otherwise stated in the RFP, no other contact with Authority Board members, staff, or consultants regarding this RFP will be allowed during the RFP process. Violation of this requirement may be grounds for disqualification from the RFP process. We look forward to your interest and participation in this RFP. Sincerely, Maria Gomes Senior Manager, Procurement Business enterprises awarded an identical or substantially similar procurement contract within the past five years: Bank of America TD Bank Royal Bank of Canada Barclays Bank Sumitomo Mitsui Banking Corporation Minority / Women Business Enterprise contracting goals (MWBE) MBE Goal: 0.00% WBE Goal: 0.00%

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Maria Gomes(Senior Manager, Procurement)

[email protected]

(516) 719-9235

Key dates

Opened
6/17/2026
Closes
7/16/2026
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522320
Solicitation №
TBD

Budget estimate

$500,000 – $2,500,000

The budget for this opportunity is difficult to estimate without more information about the specific services required and the scope of work. However, based on the fact that the contract term is 5 years and the services involve letter of credit facilities or direct placements, it is likely that the budget will be substantial. A rough estimate might be in the range of $100,000 to $500,000 per year, depending on the scope of work and the level of service required. This would put the total budget over the 5-year contract term at $500,000 to $2,500,000.

AI estimate from the solicitation

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