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Panama City – Bay County Airport and Industrial District·Florida

Non-Revolving Line of Credit

Closes 8/14/2026$50k – $250kRequest for Proposal
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Description

The Panama City‑Bay County Airport and Industrial District is seeking a qualified financial institution to provide a non‑revolving line of credit to support airport and industrial district operations. This solicitation does not specify a dollar amount, implying the credit line will be negotiated based on the institution’s capabilities and terms. Interested lenders must review the attached specifications, Q&A addendum, and related documents to submit a proposal that meets the district’s financial and compliance requirements. • Scope: Provide a non‑revolving line of credit (no fixed repayment schedule) for airport‑related projects. • Requirements: Financial institution must demonstrate creditworthiness, experience in similar public‑sector financing, and ability to meet any performance and reporting standards. • Deliverables: Detailed credit agreement, fee schedule, compliance certifications, and any required documentation as outlined in the bid package.

Attached files

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

Contact

Darlene Gordon(Director of Finance and Administration)

[email protected]

(850) 636-8950

Key dates

Opened
7/8/2026
Closes
8/14/2026

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522110
Solicitation №
ITN-ITN-2026-07-0-2026/DG

Budget estimate

$50,000 – $250,000

No explicit budget is listed; however, typical fees for establishing and managing a non‑revolving line of credit for a municipal airport district can range from a few hundred thousand dollars to over a million, depending on the credit amount, interest spread, and ancillary services. Assuming a modest credit facility with standard underwriting and administrative fees, the revenue to the winning financial institution could plausibly fall between $50,000 and $250,000 in the first year.

AI estimate from the solicitation

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