Request for Proposals

RFP- Senior Managing Underwriter and/or Co-Managing Underwriter

Rhode Island Infrastructure Bank (the Bank) is soliciting proposals from qualified firms to serve as Senior Managing Underwriter or Co-managing Underwriter with respect to the sale of bonds and related services for the Bank. The selected firm(s) will serve in either capacity for up to two years with an option for one additional year.

Proposals must conform to the requirements of this Request for Proposal (RFP) and should not exceed 15 (fifteen) pages in length, including exhibits, except as noted. A concise executive summary and cover letter should accompany your proposal. The proposal must indicate whether your firm is proposing to be considered for Senior Managing Underwriter, Co-Managing Underwriter, or both.

Proposal Submission: Electronic submission is required. Proposals should be submitted in PDF format to:
Joanna L’Heureux
Chief Financial Officer / Chief Operating Officer
Rhode Island Infrastructure Bank mailto:

To view the full RFP, please click here.

RFP - Municipal Infrastructure Grant Program - Municipal Matching Funds Pool

PROPOSALS SOUGHT FOR: Matching funds for use by municipalities or municipal agencies in applying for Federal funds under the federal Infrastructure Investment and Jobs Act (“IIJA”).  The IIJA funds must be used for projects to make improvements to public infrastructure in compliance with the IIJA grant(s) sought by the applicant(s).

OVERVIEW:  The Bank in collaboration with the Office of Governor Daniel J. McKee and the General Assembly have created the Municipal Matching Funds Pool through the Municipal Infrastructure Grant Program (“MIGP”). The purpose of this program is to help local governments with the matching fund requirements when applying directly to the federal government for grant funding under the IIJA.  MIGP is a competitive grant program providing capital funds for municipalities, and other public entities, to make improvements to public infrastructure. The overall goal is to support projects that are permissible under the awarded IIJA grant and can achieve economic development and growth by accelerating housing production, spurring private development, and creating jobs across Rhode Island.

To view the full RFP, please click here.

To download the Application , please click here.

To download the IIJA Grant Spreadsheet , please click here.