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  5. ›RFQ - UEZ BUSINESS REVOLVONG LOAN PROGRAM.pdf

City of Asbury Park·New Jersey

RFQ - UEZ BUSINESS REVOLVONG LOAN PROGRAM.pdf

Closes 10/14/2026$200k – $500kRequest for Quotation
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Description

This opportunity is a Request for Quotation (RFQ) seeking qualified vendors to support the Urban Enterprise Zone (UEZ) Business Revolving Loan Program. While the document provides limited detail, the program likely involves administering or servicing revolving loan funds for small‑business development within designated UEZs. Vendors may be expected to deliver services such as loan application processing, underwriting support, compliance monitoring, reporting, and possibly outreach to eligible businesses. • RFQ title: “UEZ Business Revolving Loan Program” • Publication: 09/23/2026; Closing: 10/14/2026 • Likely services: loan origination, underwriting, program administration, compliance reporting, borrower outreach • Target audience: financial‑service firms, loan‑servicing companies, or consulting firms with experience in government‑backed loan programs • No pre‑bid meeting, site visit, or question‑deadline disclosed • Contract length and award date not specified; assume a multi‑year administration agreement typical for revolving‑loan programs.

Attached files

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

Key dates

Opened
9/23/2026
Closes
10/14/2026

Last updated

Details

Type
Request for Quotation
Industry
Financial Services
NAICS
522310
Solicitation №
179

Budget estimate

$200,000 – $500,000

Based on typical government‑funded loan‑program administration contracts, the award is likely in the low‑to‑mid six‑figure range. A small‑to‑medium consulting or loan‑servicing firm could expect a contract value between $200,000 and $500,000, depending on the scope (e.g., number of loans serviced, reporting requirements, and duration). The estimate assumes a multi‑year agreement with annual funding allocations and includes costs for staff, technology platforms, compliance monitoring, and outreach activities.

AI estimate from the solicitation

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