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This Solicitation opportunity from New York was posted on October 16, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

Green Jobs Green New York- Primary Loan Servicer

Closed
RFP 6008State & Local

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

AI Contract Overview

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The New York State Energy Research and Development Authority (NYSERDA) is seeking a loan servicing organization to manage its Green Jobs Green New York (GJGNY) loan portfolio, which exceeds $660 million in residential loans as of April 30, 2025. The selected servicer will handle a comprehensive range of loan servicing duties including loan establishment via API integration, processing borrower payments made through automatic withdrawals, phone payments, or payments remitted by New York’s investor-owned utilities, and accurate application of these payments. Additionally, the servicer will be responsible for charging late and non-sufficient funds fees, preparing and mailing monthly statements, responding to borrower inquiries, providing payoff quotes and paid-in-full letters, offering an online portal for loan monitoring and payments, conducting collections on delinquent loans, and generating various reports. The contract term is set for 10 years, covering all counties in New York State. This solicitation does not include any specific set-aside requirements or subcontracting goals related to minority, women, service-disabled veteran, or disadvantaged-owned businesses. No prior contract awards for a similar procurement within the past five years were noted. The deadline for response submissions is January 8, 2026, at 3:00 PM. Contacts for further information include project and contract managers at NYSERDA, accessible via provided emails and phone numbers. The solicitation emphasizes seamless technological integration and comprehensive customer service to effectively manage a large and complex residential loan portfolio.

General Info

NYSERDA seeks a 10-year servicer for $660M residential loan portfolio with full servicing duties.

Agency

New York → Nyserda

NAICS

522310 - Mortgage and Nonmortgage Loan BrokersView NAICS

Place of Performance

All NYS counties, NY, USA

Set-Aside

NONE

Documents

(0)

No documents available

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Timeline

PhaseClosed
Posted

Solicitation

Response Deadline

Deadline has passed

Submission Closed

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Organization & Contact Information

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AgencyNew York → Nyserda
Contacts4 people available
OfficeN/A
Organization / Agency
New York → Nyserda
Office AddressN/A
Contacts
Lucia CappielloProject Manager
Lucia CappielloProject Manager
James CowmanAssistant Contract Manager
Jillina BaxterSr. Office Manager

Full Description

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Description of goods to services to be bid: The New York State Energy Research and Development Authority is seeking a loan servicing organization to service its Green Jobs Green New York (“GJGNY”) loan portfolio exceeding $660 million in residential loans as of April 30, 2025. The loan servicer will be responsible for, but not limited to, the following: establishing loans received via an application programming interface (API) from the loan originator; acceptance of borrowers' loan remittances by automatic withdrawal, accepting over-the-phone payments and payments remitted by New York's seven investor-owned utilities via API and the correct application (spreading) of those payments; applying/charging late fees and returned payment/non-sufficient funds fees, preparing/mailing of monthly statements/bills; responding to borrower inquiries and complaints; providing payoff quotes and paid in-full letters; having an on-line application for borrowers to monitor their loans and make periodic payments; collections on delinquent accounts; and providing a variety of reports. If changes are made to this solicitation notification will be posted on NYSERDA’s website at:www.nyserda.ny.gov/funding-opportunities Eligibility/Qualifications Requirements/Preferences: NA Service-Disabled Veteran-Owned Set Aside: No Minority Owned Sub-Contracting Goal: 0% Women Owned Sub-Contracting Goal: 0% Service-Disabled Veteran-Owned Business Contracting Goal: 0% Disadvantaged Owned Sub-Contracting Goal: 0% Due date:01/08/2026 3:00 PM NA Contract term: 10 years County(ies): All NYS counties Location: NYS Business entities awarded an identical or substantially similar procurement contract within the past five years: NA