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
Contract Overview
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AI Contract Overview
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
Agency
NAICS
Place of Performance
All NYS counties, NY, USASet-Aside
Documents
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Timeline
Submission Closed
