Request for Proposals Third Party Receiver or Conservator

The Connecticut Department of Banking has issued a Request for Proposals (RFP DOB-006) seeking qualified consulting or professional firms to provide expert assistance in managing receivership or conservatorship processes for Connecticut-chartered banks or credit unions that fail or are on the verge of failure. The selected firm(s) will work closely with the Department to ensure orderly transitions during financial institution distress, safeguarding assets, protecting stakeholder interests, and maintaining regulatory compliance in accordance with applicable Connecticut banking laws and relevant federal regulations. The scope emphasizes professional services focused on financial oversight and administration, rather than physical products or logistical functions. The solicitation was posted on December 1, 2025, with proposals due by January 16, 2026. Submissions are directed to the Department’s contact at 250-260 Constitution Plaza in Hartford, CT, with Matthew Saunig serving as the primary point of contact for inquiries. The request does not include predefined line items, pricing schedules, or evaluation criteria in the available documents, and the contract type has not been explicitly stated. Delivery terms specify Free On Board Destination to Hartford, CT, where inspection and acceptance will occur. While there is a reference to a detailed RFP document (“2025 CT DOB Receivership Firm RFP.pdf”) presumed to contain full contractual clauses, evaluation factors, special conditions, certifications, and other procedural requirements, these elements were not included in the extracted information. Consequently, offerors are advised to consult the complete solicitation package for comprehensive instructions and compliance standards relevant to receivership and conservatorship services in the state banking regulatory context.