EOED - SIPPRA Notice of Intent Posting

The Executive Office of Economic Development for the Commonwealth of Massachusetts is seeking a qualified entity under solicitation BD-27-1100-EED01-EED01-133946 to develop and implement a project under the Social Impact Partnerships to Pay for Results Act. The primary objective is to create a funding application for the Treasury, requesting up to 11.8 million dollars, and to establish an outcomes-based financing model where private investment funds workforce training activities. Key responsibilities include securing private investor commitments, coordinating between the agency and training programs, and utilizing a digital twins model to measure program impacts in collaboration with an independent evaluator. Responses must be submitted electronically via the COMMBUYS portal by October 9, 2026. Evaluation will be based on the respondent's ability to satisfy federal requirements, the feasibility of the proposed approach, the certainty of private financing, the ability to meet timeframes, the financial terms offered, and the overall value of the proposal. This opportunity is eligible for the Small Business Purchasing Program. Required documentation includes a W-9, a Prompt Payment Discount Form, and agreement to the Commonwealth Terms and Conditions. All communications must be conducted through the COMMBUYS Q&A system.