Code of Maine Rules
94 - INDEPENDENT AGENCIES
457 - FINANCE AUTHORITY OF MAINE (FAME)
Chapter 2 - RULES FOR THE AWARD OF CONTRACTS FOR SERVICES FOR THE HIGHER EDUCATION LOAN PURCHASE PROGRAM
Section 457-2-2 - REQUEST FOR PROPOSAL PROCEDURE

Current through 2024-38, September 18, 2024

A. All contracts for administrative services that do not qualify as sole source or emergency procurements must be competitively bid using a RFP.

B. The RFP must contain a clear description of the project, the evaluation criteria and relative scoring weights, if any, to be applied, the proposal opening date and time, and agency contact person.

1 The cost of the contract must be included in the evaluation criteria.

2 All RFPs will provide that respondents must include evidence satisfactory to the Authority that the respondent will be acceptable to nationally recognized bond insurance and rating agencies for the services they propose to provide, if the bond issue will require, respectively, insurance or a bond rating.

3 All proposals shall be opened publicly at the Authority main office or the location specified in the RFP. Proposals received at the Authority main office after the advertised opening time shall be rejected, unless the advertised opening date and time have been extended by the chief executive officer due to circumstances requiring such an extension of time.

C. Request for proposals must be advertised in the Kennebec Journal of Augusta, allowing a minimum of fifteen (15) calendar days from the final day of advertising to the proposal opening date. This section does not limit advertising in any other publication, trade publication, or other media. Advertisements must include at a minimum a brief description of the service requirements of the Authority, the name of the contact person and address where copies of the RFP can be obtained, the opening date, the opening time, and the opening location.

D. Pre-bidding conferences are allowed, but are not required. These conferences are used to be certain that all bidders have an equal understanding of the Authority requirements.

1 Pre-Bidding conferences must be advertised within the RFP advertisement, including location (which may be by conference call), day and time. The chief executive officer may authorize a pre-bidding conference on shorter notice than previously advertised. The chief executive officer shall notify all prospective bidders who requested the RFP of the date and time of any pre-bidding conference.

2 Pre-bidding conferences must be open to the public, questions raised must be documented in writing and responses must be written and forwarded to each prospective bidder who received an RFP, whether in attendance or not.

3 No alterations or changes to any requirement or specification within the original RFP can be made without notifying all bidders in writing a minimum of seven (7) calendar days before the opening date.

E. The authority may answer questions submitted in writing regarding the RFP at any time after the initial advertisement. All responses must be in writing and must be forwarded by email or regular mail to any prospective bidder who received a RFP. Additionally, all questions and responses will be posted to the Authority's web site.

F. The Authority may conduct due diligence on potential respondents to the RFP prior to releasing the RFP.

G. Proposals will be opened publicly at the office of the Authority or a location specified in the RFP. The opening of proposals shall be open to public attendance. The name of the respondent will be read aloud. No other information will be made available prior to evaluation and award notification. All proposals shall be sequestered from this time until notification of award by the contracting agency after which time they become public records.

Proposals received at the office of the Authority later than the date and time specified will not be accepted and will be returned unopened or held to be picked up by the Respondent. Late proposals not picked up within seven (7) calendar days will be destroyed.

1 A written record of the vendor names, date and time received, and cost/price shall be kept at the office of the Authority after opening.

Disclaimer: These regulations may not be the most recent version. Maine may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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