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Liquidity Facility &/or Alt Variable Rate Financing
The purpose of this solicitation is to pre-qualify commercial banks to provide a liquidity facility (“Facility”) and/or Alternative Variable Rate Financing Products or Instruments for one or more of KDOT’s existing or prospective variable rate demand bond issues. Commercial banks selected through this pre-qualification process will be eligible to submit cost proposals to provide liquidity facilities and/or Alternative Variable Rate Financing Products or Instruments as may be desired by KDOT.
