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Selling Group Member (Tier 3)

Active
State & Local

Contract Overview

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

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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.

General Info

Tier 3 subcontract for marketing and distributing NYS DHCR bonds by November 2026.

Documents

This scope was carved out of 2139892.

The full solicitation package (2 documents), including the RFP, is on the prime solicitation, not on this scope.

View the prime solicitation

Request for Qualifications for Underwriter Services Reissued

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Organization & Contact Information

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AgencyNew York → NYS Department of Homes & Community Renewal
ContactsNo contacts available
OfficeN/A
Office AddressN/A
ContactsNo contact information available

Full Description

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Distributes bonds to investors for prime contractors on NYS Department of Homes & Community Renewal bond issuance projects. Markets bonds to specific investor bases and facilitates the sale of bonds without assuming underwriting financial risk. Requires SEC, FINRA, and/or MSRB registration and maintenance of a physical office in New York State. Delivers the completed sale of bonds to investors.

Similar Contracts

Same NAICS industry code

More opportunities from New York → NYS Department of Homes & Community Renewal

Same awarding agency

NAICS: 523150
New
SLED
Request for Qualifications for Underwriter Services Reissued
Solicitation # 2139892
The New York State Department of Homes and Community Renewal is soliciting qualified firms to establish Prequalified Panels and a Selling Group Members list for the sale and issuance of bonds for HFA, SONYMA, MBBA, and TSFC. The procurement is structured into three tiers: Tier 1 Senior Managing Underwriters who lead the syndicate and manage the full underwriting process; Tier 2 Co-Managing Underwriters who support marketing and distribution; and Tier 3 Selling Group Members who distribute bonds without assuming underwriting risk. Firms must be registered with the SEC, FINRA, and/or the MSRB and are required to maintain a physical office in New York State. Selection is based on a composite score, with Tier 1 and Tier 2 applicants requiring at least 65 points, derived from a 90-point technical evaluation and a 10-point diversity assessment. The Agencies have established a 30 percent MWBE and 6 percent SDVOB contracting goal. Qualified firms must provide two years of audited financial statements and meet specific insurance requirements, including professional liability coverage of at least 1 million dollars per claim. Proposals must be submitted via email by November 12, 2026, and must adhere to strict formatting guidelines, including a combined 11-page limit for technical narratives. Prequalified firms will be subject to an annual recertification process to maintain their status on the panels.
Investment Banking and Securities Intermediation

POSTED

6 days ago

DEADLINE

in 23 days
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