This Solicitation opportunity from Maryland was posted on June 23, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
General, Tax Refund, and Payroll Disbursement and Custody Services - RFP# DISB-06232025
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 Maryland State Treasurer's Office is seeking proposals from qualified financial institutions to provide comprehensive banking disbursement and custody services related to the management of the state's funds. The contract involves two primary categories: first, the disbursement of state funds for general, tax refund, and payroll purposes, and second, the custody of the state's investment securities. The solicitation aims to select a partner capable of efficiently handling these financial operations, ensuring secure and reliable management of public funds. The project is valued between five million and fifteen million dollars, reflecting its significance to the state's financial infrastructure. Interested parties are invited to respond by August 11, 2025, with the opportunity to engage in a contract that supports the state's financial activities within Maryland. The Maryland State Treasurer's Office emphasizes the importance of selecting a provider with expertise in banking and securities custody services, aligning with the office’s responsibilities for deposits, investments, and disbursements. For additional information or to submit inquiries, contact Tamaira Hawkins via email. The solicitation underscores the state's commitment to secure, transparent, and efficient financial operations through this procurement process.
General Info
Place of Performance
MD, USASet-Aside
Documents
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Timeline
Submission Closed
Organization & Contact Information
Full Description
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