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City of Clearwater·Florida

Third Party Financing Services for CGS Energy

Closes 7/15/2026$25k – $500kRequest for Proposal
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Description

The City of Clearwater is seeking a third-party financing services provider for CGS Energy. The selected provider will be responsible for offering financing options to customers. The proposal should include the provider's qualifications, experience, proposed financing program, implementation plan, and cost proposal. The City will evaluate proposals based on responsiveness, responsibility, and technical proposal/price. The contract term is not specified, but the City reserves the right to renew the contract for up to four one-year periods. Key aspects of the job include: • Providing third-party financing services for CGS Energy • Offering financing options to customers • Implementing and supporting the financing program • Providing customer support services • Complying with applicable laws and regulations • Providing reports and program management services

Attached files

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

Contact

Kristina Cook(Procurement Manager)

[email protected]

(727) 444-8510

Key dates

Opened
5/13/2026
Questions due
7/5/2026
Closes
7/15/2026

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522320
Solicitation №
43-26

Budget estimate

$25,000 – $500,000

The budget for this opportunity is difficult to estimate, as the document does not provide a clear indication of the contract value. However, based on the scope of work, which involves providing third-party financing services for CGS Energy, it is likely that the contract value will be substantial. The City may pay the provider a fee for each financing transaction, or the provider may earn interest on the financed amounts. Assuming an average financing amount of $10,000 and an interest rate of 5%, the provider could earn $500 per transaction. If the City finances 100 transactions per year, the provider's revenue could be $50,000 per year. However, this is a rough estimate and the actual budget could be higher or lower, depending on the specifics of the contract and the financing program.

AI estimate from the solicitation

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