Project Overview

Solicitation
Type:
Request for Proposals (RFP)
 
Solicitation
Issue Date:
June 18, 2021
 
Deadline for
Proposals:
2:00 PM (Eastern), July 2, 2021
 
Submission:
Electronic Submission - See RFP for details
 
Project
Summary:
The Metropolitan Washington Airports Authority (the “Airports Authority”) is seeking proposals in connection with its Subseries 2010C-2 (Non-AMT) Bonds currently outstanding in the amount of $48.655 million and having the benefit of a Sumitomo Mitsui Banking Corporation Letter of Credit with an expiration date of September 20, 2021. The Airports Authority is seeking proposals from financial institutions interested in providing a direct pay letter of credit (“Letter of Credit”) to support Variable Rate Demand Bonds (“VRDBs”).
Please note that the Airports Authority will only consider proposals that do not include provisions based on a LIBOR index and that provide a commitment in the full amount of $48.655 million from individual institutions. The Airports Authority has a strong preference for a credit facility with no termination fees to allow for financial flexibility in managing its variable rate portfolio.
LDBE
Requirement:
None
 
Amendments
Issued:
None

Questions and Answers

Deadline:
All questions must be submitted by 12:00 PM (Eastern) June 24, 2021.
Question Submission:
The deadline for submitting questions has passed.
No further questions will be accepted.
Answered Questions:
Icon-Acrobat.jpg Questions and Answers - June 29, 2021 (360 KB)

Registration & Planholders List

Details:
Show your interest in this solicitation by registering as a Planholder.
Registration will place your name on the Planholder List for this project and ensure that you receive notification of any amendments or other updates to the project which may be issued in the future.
Registration:
CLICK HERE TO REGISTER
Please enter "RFP-21-23556" in the Solicitation Number field.
Planholder List:
Icon-Acrobat.jpg Planholder List – June 30, 2021 (54 KB)

Solicitation Documents

Registration:
If you download the solicitation documents and are interested in submitting a response, please register as a planholder by clicking on the "Registration & Planholders" tab above and following the instructions.
PLEASE NOTE: If you fail to register, you will not receive notification of amendments, and failure to receive and acknowledge amendments may result in your submission being deemed non-conforming.
Base Solicitation Documents:
Icon-Acrobat.jpg RFP-21-23556 (8.47 MB)
Amendments to Solicitation:
None
Supplemental Information:
Icon-Acrobat.jpg Letter to Contractors - Airports Authority COVID-19 Protocols - Updated 08/26/2020 (822 KB)

Help and Technical Assistance

File Formats:
Documents are in one or more of the following formats:
Icon-Acrobat.jpg Adobe Acrobat PDF - Requires Adobe Reader version 5.0 or later.
You can download the latest version of Adobe Acrobat Reader free of charge by clicking on the following link: Download Acrobat Reader
icon-excel.jpg Microsoft Excel - Requires Microsoft Excel 2000 or later.
icon-word.jpg Microsoft Word - Requires Microsoft Word 2000 or later.
Technical Assistance:
If you have any technical questions or need assistance with the document download process, please contact us via e-mail at [email protected] or call 703-417-8672.

Last Updated June 30, 2021

The documents posted on this page and the information contained therein shall not be published or redistributed in any medium without prior written consent of the Metropolitan Washington Airports Authority.