This page was last reviewed December 13,2011
Request for
Proposals - 2011 ARB Direct Loan Program -- Re-Bid
ARB is
reposting the Request for Proposals (RFP) for ARB’s Direct Loan Program. The primary objective of this RFP is to select a Contractor, a financial
institution as defined in the RFP, to assist ARB in implementing a low-interest
financing program for small trucking fleets. Financial institutions that
have expertise pertaining to the evaluation of financial and credit
information, as well as the processing and servicing of loans, are invited to
submit a proposal. The main components of the ARB Direct Loan program
that Contractor will be responsible for include: static pool loss methodology,
outreach activities, loan application
evaluation, loan documents preparation and signing, and loan default management.
Beginning in
mid-2011, the ARB will implement a Direct Loan program with up to $12 million
for the purpose of providing affordable financing to small fleet
owners/operators to purchase cleaner trucks (2010 model year or newer
heavy-duty trucks), retrofits, or SmartWay equipment prior to any applicable compliance
deadlines.
Financial institutions interested in submitting a proposal in response to this
RFP need to be aware of the deadlines for proposal submittal and other
important dates as shown below, as well as the minimum qualification
requirements for potential proposers as stated in the RFP.
Important
Dates:
- June 2nd, 2011 RFP release
- June 7th, 2011 Deadline to submit written questions
- June 16th, 2011 Deadline to submit proposal
- June 20th, 2011 Intent to Award posted
The full RFP can be accessed through the following links:
Re-Bid 10-622
This RFP is also published online in the California State Contracts Register (CSCR) .
To ensure receipt of any addenda to this RFP that may be issued, interested
parties are encouraged to register online.
General information on ARB loan incentives program.
General information on the CalCAP programs and process to become CalCAP-approved lenders.
