PRF76 - DOB - Consultant Services

The Massachusetts Division of Banks is soliciting professional consultant services for an ongoing organizational assessment of the agency under solicitation number BD-27-1024-DOB01-DOB01-134495. The scope of work includes modeling and benchmarking the agency's revenue assessment structure, conducting an organizational review to align staff with the agency's mission, and providing ongoing support for budget and staffing needs. This is a fee-for-service engagement with a maximum anticipated obligation of 150,000 dollars. The initial term is approximately 15 months, ending no later than March 31, 2028, with the possibility of three subsequent 12-month renewals. This procurement is designated under the Small Business Purchasing Program (SBPP) and is restricted to approved vendors listed under PRF76 Category 2 for Program Development, Organizational, and Strategic Planning Services. Preference is given to SBPP-certified vendors who meet specific Massachusetts-based location, size, and revenue requirements. Awards are based on a weighted evaluation including SBPP certification (25%), hourly rate/cost (25%), familiarity with financial regulation (20%), understanding of the Division's operational processes (20%), and previous experience with financial regulators (10%). All proposals must be submitted via COMMBUYS by October 28, 2026, and must include a transmittal letter, company background, personnel resumes, and a detailed pricing structure based on hourly rates.