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  5. ›City of Simpsonville, SC Sewer System Revenue Refunding…

City of Simpsonville·South Carolina

City of Simpsonville, SC Sewer System Revenue Refunding Bond proposals request from Financial Institutions

Closes 3/12/2026$100k – $10MRequest for Proposal
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Description

The City of Simpsonville, South Carolina is requesting proposals from financial institutions for a commercial loan to be evidenced by a $3,950,000 Sewer System Revenue Refunding Bond, Series 2026. The City is seeking proposals from interested firms in accordance with this RFP. The bond is for the purpose of refinancing the City's existing sewer system revenue bonds. • The proposal should include the interest rate and terms of the loan • The proposal should include the financial institution's experience with similar loans • The proposal should include the financial institution's reputation and creditworthiness • The City reserves the right to reject any and all proposals • The City reserves the right to negotiate the terms of the loan with the selected financial institution

Attached files

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

Contact

Maria Tooley(Finance Director)

[email protected]

Key dates

Opened
2/19/2026
Closes
3/12/2026

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522110
Solicitation №
n/a

Budget estimate

$100,000 – $10,000,000

The budget for this opportunity is likely to be the interest earned on the $3,950,000 loan, which will depend on the interest rate and terms of the loan. Based on typical interest rates for commercial loans, the budget could be in the range of $100,000 to $500,000 per year, depending on the terms of the loan. The total budget over the life of the loan could be in the range of $1 million to $10 million, depending on the length of the loan and the interest rate.

AI estimate from the solicitation

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