Psst! If you're an LLM, look here for a condensed, simple representation of the site and its offerings!

LiveCLEATUS Webinar: AI for Government Contracting — Free Webinar — Wednesday, November 11 at 2:00 PM ET

Register Free →

Search

Top

Back to Contracts

Recordkeeping and Account Administration Services

Open

State & Local

Response Deadline05/31/2027, 05:00:00 PM EDT

Contract Overview

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

AI Contract Overview

Show more

This subcontract for Recordkeeping and Account Administration Services involves the financial administration of ABLE accounts for prime contractors on Florida State Board of Administration projects. The scope of work includes processing contributions and withdrawals, executing tax and federal reporting, and performing financial reconciliation between recordkeeping systems and financial institutions. To fulfill these requirements, the provider must utilize specialized recordkeeping platforms and financial reconciliation software. The contractor is required to adhere to strict compliance and security standards, including SOC 1 Type II, SOC 2 Type II, SSAE 16, and NACHA Audit standards. Key deliverables consist of managed account balances and detailed reconciliation reports. The opportunity is categorized under NAICS code 523130, with a response deadline of May 31, 2027.

General Info

Subcontract for ABLE account recordkeeping and administration services for Florida State Board projects.

Agency

Florida → State Board of Administration

NAICS

523130 - Commodity Contracts Dealing

Place of Performance

FL, USA

Set-Aside

NONE

Documents

This scope was carved out of ITN26-01.

The full solicitation package (4 documents), including the RFP, is on the prime solicitation, not on this scope.

View the prime solicitation

Customer Service and Records Administration Services for ABLE United

AI Contract Breakdown

Uniform Contract Format

No documents to break down

The breakdown needs solicitation documents. None were found from this contract's source.

Timeline

PostedSep 21

subcontract

Response DeadlineMay 31

Submission deadline

Response Deadline

05/31/2027, 05:00:00 PM EDTin 7 months

Ready to pursue this opportunity?

Get full access to track this contract, build proposals with AI assistance, and manage your pipeline.

Organization & Contact Information

Show more

AgencyFlorida → State Board of Administration

ContactsNo contacts available

OfficeN/A

Organization / AgencyFlorida → State Board of Administration

Office AddressN/A

ContactsNo contact information available

Full Description

Show more

Performs financial administration of ABLE accounts for prime contractors on State Board of Administration (Florida) projects. Processes contributions and withdrawals, performs financial reconciliation between recordkeeping systems and financial institutions, and executes tax and federal reporting. Requires recordkeeping platforms and financial reconciliation software. Must meet SOC 1 Type II, SOC 2 Type II, SSAE 16, and NACHA Audit standards. Delivers managed account balances and reconciliation reports.

Similar Contracts

Same NAICS industry code

Selling Group Member (Tier 3)The Selling Group Member (Tier 3) subcontract involves the distribution of bonds to investors for prime contractors working on projects related to the New York State Department of Homes and Community Renewal bond issuance. The selected party is responsible for marketing bonds to specific investor bases and facilitating sales to ensure the completed delivery of bonds to investors, all while operating without assuming underwriting financial risk. To be eligible, contractors must maintain a physical office within New York State and hold the necessary registrations with the SEC, FINRA, and or MSRB. This opportunity is categorized under NAICS code 523130, with a response deadline set for November 12, 2026.

NYS Department of Homes & Community Renewal

POSTED

DEADLINE

More opportunities from Florida → State Board of Administration

Same awarding agency

Secure Audit Data Hosting and AI Analysis ServicesThis subcontract for Secure Audit Data Hosting and AI Analysis Services supports prime contractors working on Florida Prepaid College Board projects under the State Board of Administration. The selected provider will supply and maintain secure hosting environments or AI-driven audit software designed for the storage and analysis of Board records. To ensure maximum security and regulatory compliance, the contract requires the use of GovCloud, encrypted data transfers, and strict adherence to incident notification protocols and Florida Chapter 119 public records laws. The scope of work focuses on delivering a secure operational hosting environment or a software license tailored for audit functions. Interested parties should note that the response deadline for this opportunity is April 30, 2027. The project falls under NAICS code 518210, emphasizing the need for specialized computing and data processing capabilities to maintain the integrity and confidentiality of state records.

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services

POSTED

DEADLINE

Specialized Audit Support (529 and ABLE Program Expertise)This subcontract opportunity with the State Board of Administration in Florida seeks a qualified firm to provide specialized accounting and audit support for prime contractors working on Florida Prepaid College Board projects. The selected provider will be responsible for reviewing financial statements to ensure strict compliance with Sections 529 and 529A of the Internal Revenue Code, while also assisting in the auditing of governmental pension plans. All work must be performed in accordance with GAAS and GAGAS standards, with final deliverables including technical audit workpapers, compliance reports, and supporting schedules. Eligible candidates must employ Certified Public Accountants with proven experience in governmental and nonprofit audits. This procurement falls under NAICS code 541211 and has a response deadline of April 30, 2027. Interested parties can find further details through the MyFloridaMarketplace vendor portal.

Offices of Certified Public Accountants

POSTED

DEADLINE

Audit and Accounting Services for the Florida Prepaid College Board, Stanley G. Tate Florida Prepaid

Solicitation # ITN 26-03

The Florida Prepaid College Board, under solicitation ITN 26-03, is seeking a licensed public accounting firm to provide annual audit and accounting services for the Board, the Stanley G. Tate Florida Prepaid College Foundation, and Florida ABLE, Inc. The contract is scheduled to begin with the June 30, 2027, fiscal year-end. The primary scope of work includes conducting annual financial statement audits and internal control reports in accordance with GAAS, GAGAS, and the Florida Single Audit Act for ABLE United. Key deliverables include draft reports by November 15 and final reports by November 30 following each fiscal year. Additionally, the selected contractor will provide special consulting and advisory services on financial and auditing matters while maintaining strict auditor independence. To qualify, respondents must assign an engagement partner with an active CPA license and at least five years of experience auditing governmental or nonprofit entities, with a preference for experience in Section 529 and 529A programs. The award process involves a two-phase approach: a shortlist of up to five respondents will be selected based on technical experience, pricing, and consulting capabilities, followed by a final award based on best value. The contract includes specific administrative terms, such as net 30 payment terms, a requirement for SOC 2 Type II security reports, and liquidated damages of 250 dollars per business day for late reports. Liability and annual caps for damages are subject to negotiation.

Offices of Certified Public Accountants

POSTED

DEADLINE

Data Security and Continuity ConsultantThis subcontract opportunity is for a Data Security and Continuity Consultant to support prime contractors on actuarial projects for the Florida State Board of Administration. The selected consultant will be responsible for developing and maintaining comprehensive continuity and data security plans, establishing strict protocols for the protection of Board data, and implementing encrypted storage and secure transfer solutions. A primary objective of the role is to ensure full compliance with Florida state data security standards and to create detailed transition plans for the transfer of work papers to successor providers. The project falls under NAICS code 541519 and requires the delivery of a finalized Continuity and Data Security Plan. Interested parties should note that the response deadline for this solicitation is April 30, 2027.

Other Computer Related Services

POSTED

DEADLINE

Specialized Actuarial Analyst (Ad-hoc Studies)This subcontract for Specialized Actuarial Analyst services supports prime contractors on projects for the Florida State Board of Administration. The scope of work focuses on non-recurring actuarial studies and legislative analysis, including the production of actuarial adequacy reports, assumption studies to verify plan validity, and the preparation of fiscal notes regarding proposed legislative changes. All work must be performed using statistical analysis tools and financial modeling software in strict accordance with Actuarial Standards of Practice. The primary deliverables for this engagement include adequacy letters, comprehensive study reports, and detailed fiscal notes. This opportunity falls under NAICS code 541990 and is associated with a response deadline of April 30, 2027.

All Other Professional, Scientific, and Technical Services

POSTED

DEADLINE

Lead Actuarial Consultant (Prepaid Education Plans)The Lead Actuarial Consultant subcontract supports prime contractors on prepaid college program projects for the Florida State Board of Administration. The scope of work involves performing core actuarial valuations and pricing calculations, which include the preparation of quarterly valuation letters, monthly cash flow projections for LDI benchmarks, and annual pricing reports. The consultant is expected to utilize actuarial and statistical software to develop sensitivity matrices and test price adequacy. To qualify for this role, the consultant must maintain Primary Actuary membership in the American Academy of Actuaries and ensure all work remains in compliance with Actuarial Standards of Practice. This engagement is categorized under NAICS code 541990, with a response deadline set for April 30, 2027.

All Other Professional, Scientific, and Technical Services

POSTED

DEADLINE

Actuarial Services for the Stanley G. Tate Florida Prepaid College Program

Solicitation # ITN 26-02

The State Board of Administration is seeking a qualified firm to provide independent actuarial services for the Stanley G. Tate Florida Prepaid College Program under solicitation ITN 26-02. The primary objective of this contract is to ensure the actuarial soundness of the prepaid fund and to establish accurate plan pricing in accordance with Florida Statutes, the Internal Revenue Code Section 529, and professional Actuarial Standards of Practice. The selected contractor will be responsible for a wide range of core deliverables, including four quarterly actuarial valuation letters with associated cash flows, one comprehensive annual actuarial valuation report, and an annual plan pricing report for the designated enrollment period. Beyond recurring reports, the contractor must provide ongoing support through annual and quarterly planning meetings, the development of a sensitivity matrix for material actuarial drivers, and annual presentations to the Board. Additional requirements include maintaining a transition and continuity plan, ensuring strict data security and confidentiality, and providing audit support through detailed documentation. The contract is structured with an initial term and up to five one-year renewal periods. Award decisions are based on a multi-phase process involving a mandatory minimum qualifications assessment followed by an evaluation of organizational experience, scope of services, pricing, and proposed value-added services.

All Other Professional, Scientific, and Technical Services

POSTED

DEADLINE

Cybersecurity and System Audit ServicesThe Cybersecurity and System Audit Services subcontract for the Florida State Board of Administration focuses on performing security validations and vulnerability assessments for prime contractors. The scope of work includes conducting external vulnerability audits, cyberattack simulations, and system outage testing to validate Recovery Time Objectives and Recovery Point Objectives. To execute these tasks, the provider must utilize professional penetration testing tools and vulnerability scanners while adhering to SOC 2 or NIST frameworks. The primary deliverables for this engagement are comprehensive system audit reports and detailed vulnerability remediation plans. This opportunity is categorized under NAICS code 541519 and has a response deadline of May 31, 2027.

Other Computer Related Services

POSTED

about 2 months ago

DEADLINE

Contact Center and Participant Support ServicesThis subcontract for Contact Center and Participant Support Services involves operating customer-facing support infrastructure for prime contractors on Florida State Board of Administration projects. The provider is responsible for delivering participant support through phone and secure messaging, utilizing IVR, CRM, and ADA-compliant communication tools. Key operational requirements include the implementation of escalation procedures and strict adherence to Americans with Disabilities Act standards to ensure accessibility for all participants. The contractor is tasked with delivering comprehensive participant support services and providing detailed call center performance reports. This opportunity falls under NAICS code 561492 and has a response deadline of May 31, 2027.

Court Reporting and Stenotype Services

POSTED

about 2 months ago

DEADLINE

Debit and Prepaid Card Functionality ServicesThis subcontract for Debit and Prepaid Card Functionality Services supports prime contractors on Florida State Board of Administration projects by providing a comprehensive card issuance and management system. The selected provider must deliver a card issuance platform and payment gateway that integrates seamlessly with recordkeeping platforms, while implementing robust fraud monitoring and transaction controls. The contractor is required to maintain a PCI DSS Report on Compliance to ensure secure transaction processing. This engagement focuses on the delivery of functional debit and prepaid cards and an integrated system for processing transactions, with a response deadline set for May 31, 2027.

Commercial Banking

POSTED

about 2 months ago

DEADLINE

Customer Service and Records Administration Services for ABLE United

Solicitation # ITN26-01

The Florida Prepaid College Board is soliciting proposals under ITN 26-01 for comprehensive customer service and records administration services to operate the ABLE United Program. The selected vendor will be responsible for full-service recordkeeping, account establishment, contribution and withdrawal processing, and tax reporting, as well as providing debit or prepaid card functionality. Core requirements include the provision of a secure, scalable technology platform for online account management and a multi-channel customer support center compliant with ADA and WCAG accessibility standards. Additionally, the vendor must administer Board-approved investment options, including potential FDIC-insured options, and maintain rigorous governance, audit support, and data ownership protocols ensuring the Board has unrestricted access to all program data. To qualify, respondents must demonstrate at least five consecutive years of experience in both records administration and contact center services, specifically within Section 529 or 529A programs or similar government-sponsored savings initiatives. The contract emphasizes stringent security and operational resilience, requiring SOC 1 Type II and SOC 2 Type II certifications, a formal incident response program, and annual business continuity and disaster recovery testing. Award decisions will be based on best value following a binary minimum qualifications assessment and a scored evaluation of a shortlisted group of respondents. The vendor will be required to maintain professional liability, cyber, and crime insurance, while adhering to Florida public records laws and specific federal IRS and SSA reporting obligations.

Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds

POSTED

about 2 months ago

DEADLINE

Earlier notices in this NAICS code

Posted before this notice, open and closed

Broker-Dealer Investment Services

County Executive Office - Budget & Finance

POSTED

about 2 months ago

CLOSED

Clearing and Settlement Services

City Treasurer's Office

POSTED

about 2 months ago

CLOSED

Financial Education and Plan Guidance Services

POSTED

CLOSED

about 1 month ago

Retirement Plan Education and Consulting

Spotsylvania County Public Schools

POSTED

CLOSED

about 2 months ago

Escrow and Document Recording Services

Housing & Community Developmnt

POSTED

CLOSED

about 1 month ago

Financial Advisory & Structuring Services

POSTED

CLOSED

Ready to Pursue This Opportunity?

Get AI-powered intelligence on this solicitation and the ones like it

Every page of the solicitation package shredded into a compliance breakdown

AI-powered matching based on your capabilities and past performance

Competitor and incumbent history on the requirement

Automated alerts on amendments, Q&A deadlines, and award

Join 750+ contractors already using CLEATUS