This Government Contract opportunity from North Dakota was posted on August 23, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Collateralization and Investment of Excess Municipal Funds
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
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AI Contract Overview
The City of Minot in North Dakota is seeking a subcontractor for the collateralization and investment of excess municipal funds. This contract focuses on the management of collateral for deposits that exceed FDIC limits, ensuring compliance with North Dakota law by maintaining a 110 percent collateralization rate. The scope of work includes the handling of letters of credit, securities, and other acceptable instruments, and may extend to providing custodial or advisory services. The solicitation was posted on August 23, 2024, with a response deadline of September 27, 2024. Classified under NAICS code 523930, the agreement is designed to secure municipal funds through professional investment and collateral management strategies. Interested parties can find further details through the City of Minot's official bidding portal.
General Info
Place of Performance
ND, USASet-Aside
Documents
This scope was carved out of 559.
The full solicitation package (1 document), including the RFP, is on the prime solicitation, not on this scope.
Bid Notice: Request For Proposal For Banking Services
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Timeline
Submission Closed
Organization & Contact Information
Full Description
Earlier notices in this NAICS code
Posted before this notice, open and closed
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