Mineral Wells City Bids, TX

The proposal due date is September 18, 2026, 2:00 p. m. CT. proposal due september 18, 2026, 2: 00 p. m. ct

Payments are equal semiannual payments in arrears, with the first payment date established at closing. equal semiannual payments in arrears, with the first payment date established at closing.

The city will evaluate proposals using weighted criteria, with 60 points for total financing cost, rate, fees, and prepayment value. evaluation factor points total financing cost, rate, fees, and prepayment value 60

Proposers must submit brief firm qualifications and experience with Texas municipal lease-purchase financing and at least three comparable governmental references. brief firm qualifications and experience with texas municipal leasepurchase financing primary contact and at least three comparable governmental references.

FALSE

Written questions are due to the contact above by 2: 00 p. m. ct, September 18, 2026. written questions are due to the contact above by 2: 00 p. m. ct, september 18, 2026.

The estimated total is 554,**** total 554, ****

Proposals must be submitted no later than August 31, 2026, by 5:00 PM.

Proposals should include proposed annual rent and payment schedule.

The city makes no representation or warranty regarding access, utilities, development potential, environmental condition, or suitability for any particular purpose.

Proposals should include the name, address, telephone number, and email address of the proposer.

Entry onto the property is not permitted without prior written authorization from the city.

All sealed proposals must be received by August 31, 2026, at 1:00 PM. All sealed proposals must be received by august 31, 2026 at 1: 00 p. m.

The city may evaluate proposals based on location, property size, fair market value, configuration, accessibility, frontage, existing improvements, development potential, environmental condition, title condition, utility availability, proposed exchange terms, and the overall benefit of the exchange to the city. The city may evaluate proposals based on location, property size, fair market value, configuration, accessibility, frontage, existing improvements, development potential, environmental condition, title condition, utility availability, proposed exchange terms, andthe overall benefit of the exchange to the city.

To be eligible for consideration, the property offered to the city must be located entirely within these boundaries. To be eligible for consideration, the property offered to the city must be located entirelywithin these boundaries.

The document clearly states that sample submission is not applicable for this property exchange. sample submission is required, FALSE if the document clearly says samples are not required

Property located wholly or partially outside the specified area will not be considered. property located wholly or partially outside this area will not beconsidered.

Bids must be received by the Department of Finance and time-stamped prior to the deadline on July 6, 2026, at 10:00 AM CST. Late bids will be returned or destroyed and not considered.

All payment terms shall be no later than 30 days from the date the city receives a properly prepared invoice that contains no errors. Prompt early payment discounts may be considered.

The service provider shall remedy at their expense any damage to city property resulting from their services. The city will notify the provider of any defects, and if not remedied, the city may fix it at the provider's expense.

Bids will be evaluated based on the criteria that represents the best value to the city, including cost of service, reputation, quality, extent to which services meet needs, past relationship with the city, and total long-term cost.

Service providers must have a minimum of two years of experience conducting similar services and operate a full-time, permanent business address with the ability to be reached by email and telephone.

If the agreement is terminated for default due to unsatisfactory performance, the service provider may be held liable for excess costs and/or liquidated damages.

A pre-bid conference will be held on June 17, 2026, at 2:30 PM at the Airport Terminal Building, **** Airport Rd, Mineral Wells, TX, where additional instructions will be given.

Service providers have the right to protest the solicitation process or bid award. Any protest must be submitted in writing to the Director of Finance within 14 days after the service provider knows, or should have known, of the facts relating to the proposed action or award.

Bids may be considered nonresponsive and may result in disqualification if a o bid or o response is submitted for an item. Unauthorized communications with city employees other than the assigned representative may also result in disqualification.