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  5. ›ITB - 243854 - SCBA Short-Term Promissory Note

City of Little Rock·Arkansas

ITB - 243854 - SCBA Short-Term Promissory Note

Closes 8/4/2026$5k – $100kInvitation for Bid
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Description

The City of Little Rock is soliciting sealed bids for the issuance of a short‑term promissory note under the SCBA program. This financial instrument will be used to provide short‑term liquidity to qualified entities, with the city acting as the issuer and purchaser of the notes. Interested firms must submit a bid by the closing date, and the award will be made to the lowest responsible bidder meeting all specifications. • Bid Title: ITB - 243854 – SCBA Short‑Term Promissory Note • Closing Date & Time: August 4 2026, 10:00 AM (sealed bids) • All bid documents are hosted at http://littlerock.gov/lrprocure • The city encourages participation from small businesses • No pre‑bid meeting or site visit is indicated in the notice

Attached files

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

Key dates

Opened
7/19/2026
Closes
8/4/2026

Last updated

Details

Type
Invitation for Bid
Industry
Financial Services
NAICS
522120
Solicitation №
ITB - 243854

Budget estimate

$5,000 – $100,000

No specific contract value is disclosed in the notice. However, short‑term municipal promissory notes often range from a few hundred thousand to several million dollars depending on the funding needs. Assuming an average issuance size of $1 M to $5 M and a typical fee of 0.5%–2% for underwriting or administrative services, the estimated revenue to the winning contractor would likely fall between $5,000 and $100,000. This range reflects variability in note size, fee structure, and any ancillary services the contractor may provide.

AI estimate from the solicitation

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