Revolving Taxable Line of Credit

Virginia Tech is seeking a financial institution to provide a revolving taxable line of credit that will replace its current CP liquidity facility ($175 M) and a working‑capital line ($150 M). The award will give the winning bank the right to extend credit to the university, serving as liquidity support for university operations. The solicitation does not detail product or service items beyond the credit facilities, so the evaluation will focus on the proposed credit terms, fees, and compliance with Virginia conflict‑of‑interest and SWaM requirements. • Provide a new $175 M CP liquidity revolving line of credit (taxable). • Provide a $150 M working‑capital revolving line of credit to replace existing bank facilities. • Submit a financial proposal meeting the university’s preferred closing dates (Nov 2026 for CP facility, Dec 2026 for working‑capital facility) and comply with conflict‑of‑interest disclosures.