Financing Options for ARMC
ID: CAO125-CAO4-5626 • State: California
Opportunity Assistant
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Description
Background
The San Bernardino County Finance and Administration Department is seeking proposals from qualified firms to provide Municipal Advisor Services for the financing options related to the expansion of Arrowhead Regional Medical Center (ARMC).
The goal is to address the needs of ARMC, which serves as a critical healthcare provider in the region, particularly in expanding its emergency room, intensive care units, and parking facilities. This initiative aims to improve patient care and reduce wait times in one of the busiest emergency departments in California.
Work Details
The selected municipal advisor will be responsible for researching all financing options available for the expansion of ARMC. This includes presenting various financing techniques that may limit the County's general fund exposure.
Specific tasks include:
- Conducting a comprehensive analysis of financing options, including but not limited to traditional tax-exempt financing.
- Advising on requirements for implementing selected financing options.
- Being available for inquiries Monday through Friday during business hours.
- Assisting with the issuance of selected financing if necessary.
Period of Performance
The contract period will extend until the County has issued the proposed debt or terminated services with the successful proposer.
Place of Performance
Services will be performed within San Bernardino County.
The San Bernardino County Finance and Administration Department is seeking proposals from qualified firms to provide Municipal Advisor Services for the financing options related to the expansion of Arrowhead Regional Medical Center (ARMC).
The goal is to address the needs of ARMC, which serves as a critical healthcare provider in the region, particularly in expanding its emergency room, intensive care units, and parking facilities. This initiative aims to improve patient care and reduce wait times in one of the busiest emergency departments in California.
Work Details
The selected municipal advisor will be responsible for researching all financing options available for the expansion of ARMC. This includes presenting various financing techniques that may limit the County's general fund exposure.
Specific tasks include:
- Conducting a comprehensive analysis of financing options, including but not limited to traditional tax-exempt financing.
- Advising on requirements for implementing selected financing options.
- Being available for inquiries Monday through Friday during business hours.
- Assisting with the issuance of selected financing if necessary.
Period of Performance
The contract period will extend until the County has issued the proposed debt or terminated services with the successful proposer.
Place of Performance
Services will be performed within San Bernardino County.
Overview
Opportunity Type
Open Market
Opportunity ID
CAO125-CAO4-5626
Response Deadline
Nov. 8, 2024
Past Due
Date Posted
Sept. 20, 2024
Est. Value Range
Experimental
$500,000 - $2,000,000
(AI estimate)
Agency Distribution
Moderate
Source
On 9/20/24 CAO4 - County Administrative Office, Fourth Floor in California issued Open Market Financing Options for ARMC with ID CAO125-CAO4-5626 due 11/8/24.
Contacts
Documents
Posted documents for Financing Options for ARMC
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Additional Details
Source Department
CAO4 - County Administrative Office, Fourth Floor