Awarded vendors
- Commerce Bank
Description
This contract awards Morrow County, Oregon, a construction‑to‑permanent loan financing and loan‑servicing arrangement for the new North Morrow County Government Center in Irrigon. The selected lender will advise on financing structure, manage the construction draw process, and provide long‑term loan servicing for a loan package of approximately $6.2‑$6.9 million. The county expects detailed fee schedules and compliance statements from the vendor and will evaluate proposals based on qualifications, approach, and cost.
• Scope: financing advisory, loan documentation, construction‑draw management, permanent loan servicing.
• Financial range: $6.2‑$6.9 million loan, GMP $6.85 million.
• Process: open competition, proposal deadline Dec 18 2020, intent‑to‑award notice Feb 4 2021, award pending protest period.