The Authority is requesting a revolving LOC that will be in effect for a five (5) year period. During this five-year period, the Authority anticipates various draws for projects such as runways, taxiways, taxilanes, aprons, hangars, instrument landing systems, airport improvements, lighting, storm water, hangars, etc. This RFP is structured to allow for a comprehensive program that will cover a variety of amounts for several projects. The Authority has a working list of proposed projects that it is anticipating will be financed during the next two years (costs are estimates only) but has not been confirmed at this time. The Authority is only able to receive the matching funds from the State of Arkansas upon closing federal grants. This means that projects started in 2025 may not be completely closed out until 2029
