Connecticut Career Accelerator Program: Program Administration

The Office of Workforce Strategy is soliciting proposals for the administration of the Connecticut Career Accelerator Program, an initiative designed to support learners pursuing high-value credentials and workforce training through Outcomes-Based Loans. The program specifically targets commercial driver's licenses, licensed practical nursing, and paramedic training. The scope of work is divided into two primary service areas: Program Management, which covers fund formation, governance, and legal documentation, and Origination/Servicing, which involves loan servicing, repayment monitoring, and borrower support. The total available funding is 4,840,000 dollars, with administrative costs expected not to exceed 750,000 dollars over a five-year base term. The contract follows a phased timeline, including a three-year deployment period and a two-year initial servicing and reporting phase, with potential for up to five years of ongoing servicing. Key milestones include the establishment of legal frameworks by January 1, 2027, and the launch of the CDL career pathway within six months. Proposers must be in good standing with the Secretary of State and, if performing servicing functions, must be licensed by the Connecticut Department of Banking. Proposals are due by November 23, 2026, and must be submitted to the Agency Official Contact rather than through CTSource. Selection will be made by the Chief Workforce Officer based on recommendations from a Review Committee.