Revolving Taxable Line of Credit

The University seeks to establish a term contract for a revolving taxable line of credit to provide working capital and liquidity support for its commercial paper program. This financial services contract will enable the University to draw on a credit facility as needed, with a committed line of credit to ensure consistent funding availability. • Establish a revolving line of credit for operational cash flow needs. • Provide a committed credit line to support the University’s commercial paper issuance. • Contract term and credit limits to be defined in the award; vendor must demonstrate capability to underwrite and manage the credit facility. • Requires compliance with university financial policies and applicable state regulations. • Evaluation based on financial strength, pricing terms, and service capabilities.