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SPOTLIGHT

Request for Proposal 2014-001 for Financial Advisory Services

PENNVEST has issued an RFP for those interested in submitting a proposal for financial advisory services.  The financial advisor will provide counsel on financial matters and provide financial analysis on the options available to PENNVEST for the optimal use of all of PENNVEST funds. This includes, but not limited to, commercial paper, short term borrowing, leveraging federal program funds, loan guarantees, cash flow models, and assistance with information management for financial modeling and reporting.

Select the link to access RFP 2014-001: http://www.portal.state.pa.us/portal/server.pt/document/1418921/financial_advisory_services_rfp_pdf

No questions were submitted regarding the RFP 2014-001 for Financial Advisory Services.

Electronic Signature Changes

As of Friday, February 28, 2014, PENNVEST will be implementing the following changes to their online electronic signature process.

·         Payment Requests will now require electronic signatures on the payment document in place of ink signatures. In conjunction with this, payment documents should no longer be mailed into PENNVEST.

·         Payment Requests, Funding Applications and Funding Offers will allow you to select an authorized individual of your choosing to electronically sign your documents.

·         Engineers , providing engineering services to the funding recipient for the project, will now be able to electronically sign and submit a Funding Application on the behalf of the funding recipient.

If you have any questions, please contact your PENNVEST Project Specialist.

PENNVEST Board Meetings

The Pennsylvania Infrastructure and Investment Authority (PENNVEST) holds regularly scheduled Board Meetings.  For more information on board meetings or to find out how you can participate, please select Board Meetings from the left navigation.

Nutrient Credit Auctions  

PENNVEST holds Nutrient Credit Trading Auctions throughout the year.  For more information about Online Auctions or to find out how you can participate, please select Nutrient Credit Trading from the left navigation.

PENNVEST in the News 

With help through grant money from PENNVEST, Tim Kurtz’s dairy farm in Caernarvon Township helps to save the Chesapeake Bay.  Click here to access article:  http://berkscountry.readingeagle.com/barn-of-the-future-helps-save-chesapeake-bay/

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