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Awarded contract·Oregon Business Development Department (DBA Business Oregon)·Oregon

Oregon Royalty Fund (ORF) Loan Referral Services

Won by Oregon Entrepreneurs Forum dba Oregon Entrepreneurs Network$600kAwarded 4/28/2025Single Award
Contract source

Awarded vendors

  • Oregon Entrepreneurs Forum dba Oregon Entrepreneurs Network

Description

This contract provides Oregon Business Development Department (Business Oregon) with a vendor to perform loan‑referral services for the Oregon Royalty Fund (ORF). The contractor will market the ORF program, identify eligible small‑business borrowers, submit complete loan referrals, and act as a liaison between borrowers, private‑equity partners, and Business Oregon. Compensation is a referral fee of up to 0.75 % of each funded loan (capped at $7,500 per loan) with a total contract ceiling of $600,000 over a five‑year term. The award was granted to Oregon Entrepreneurs Forum dba Oregon Entrepreneurs Network, and the contract may be extended beyond the initial term. • Scope: marketing, borrower identification, referral submission, and coordination for ORF loans. • Fee Structure: 0.75 % of funded loan amount (max $7,500 per loan), total ceiling $600k. • Term: 5‑year contract with possible extensions; no explicit start/end dates provided.

Attached files

Key dates

Bids closed
1/31/2030
Intent to award
4/28/2025
Awarded
4/28/2025
Contract modified
4/28/2025
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
522320
Solicitation №
S-12300-00011882

Contract value

$600,000

The sample contract caps total compensation at $600,000, and the fee per loan is limited to $7,500. Historical amendments and the “Maximum Contract Value” clause suggest the agency expects to stay within this ceiling. Because no explicit contract award amount is disclosed, the safest estimate is the contract ceiling of $600,000, which represents the upper bound of the anticipated spend over the five‑year term.

AI estimate from the award documents

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