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

LiveFree Webinar — Wednesday, July 22 at 2:00 PM EDT

Register Free →
logo
Get CLEATUSFree Trial
← Back to NAICS Codes
NAICS Code· 523991

Trust, Fiduciary, and Custody Activities

This U.S. industry comprises establishments primarily engaged in providing trust, fiduciary, and custody services to others, as instructed, on a fee or contract basis, such as bank trust offices and escrow agencies (except real estate). Cross-References.Show more

NAICS 523991 – Trust, Fiduciary, and Custody Activities encompasses the administration of assets held in trust, fiduciary oversight, and custody services for government entities, public funds, and federally affiliated beneficiaries. This sector includes the management of retirement trusts, employee benefit plans, escrow arrangements, and asset safeguarding under legal and regulatory frameworks such as ERISA and federal fiduciary standards.

5
Active Contracts
$2.7M
Total Obligations (12mo)
5
Awarded Contracts (12mo)
3
Contractors Awarded (12mo)
-81.7%
YoY Growth

Contract Opportunities

Active solicitations and awarded contracts classified under NAICS 523991 — Trust, Fiduciary, and Custody Activities.

Dotted
NAICS 523991 FAQ

Frequently Asked Questions

NAICS code 523991 covers Trust, Fiduciary, and Custody Activities. This U.S. industry comprises establishments primarily engaged in providing trust, fiduciary, and custody services to others, as instructed, on a fee or contract basis, such as bank trust offices and escrow agencies (except real estate). Cross-References.

Recently Posted in Trust, Fiduciary, and Custody Activities

NAICS: 523991
Closed
SLED
Texas Strategic Bitcoin ReserveThe Texas Comptroller of Public Accounts, acting through the Texas Treasury Safekeeping Trust Company, is seeking qualified entities to provide custody and liquidity services for the Texas Strategic Bitcoin Reserve, with proposals due by June 15, 2026, under solicitation number 908-26-1778WS. The contract, set to begin on September 1, 2026, with an initial three-year term and optional one-year renewals through August 31, 2032, requires contractors to deliver secure digital asset management services under stringent cybersecurity protocols, including air-gapped cold storage, multi-party computation for key management, hardware security modules, and 128-bit AES encryption across all data in transit and at rest. Compliance with NIST SP 800-63A, NIST SP 800-88, SOC 2 Type II, TX-RAMP, and FedRAMP standards is mandatory, along with adherence to Texas Government Code requirements for records retention, public information transparency, and data privacy. Contractors must maintain a public transparency website detailing reserve operations and submit a mandatory VetHUB Subcontracting Plan affirming either self-performance or good faith efforts to engage certified veteran-owned businesses, with subcontracting goals of 1.5% for commodity contracts and full documentation of outreach required. Offerors must demonstrate extensive experience in public sector digital asset management, with key personnel available for legislative testimony, and must pass rigorous background checks, including disclosure of any prior state employment within the last two years, felony convictions, or court actions, and must affirm compliance with anti-boycott laws and non-debarment status under penalty of perjury. Proposals must be submitted as searchable PDFs with hyperlinked tables of contents via email only, organized into 19 specified exhibits, and evaluated on a best-value basis, with 40% weight given to respondent qualifications and experience, 40% to the narrative and preliminary work plan, and 20% to proposed fees, with no formal contract value specified as pricing will be determined through competitive response. All performance is tied to Texas, with no FOB or physical delivery terms applicable, and contractors must provide proof of cyber, fraud, and crime insurance within five business days of award, while indemnifying the state against intellectual property claims arising from their services.
Comptroller of Public Accounts

POSTED

4 days ago

CLOSED

4 days ago
View Details
NAICS: 523991
Federal
R--Special Notice - IEEs in Specific IndustriesThe Bureau of Indian Affairs, within the Department of the Interior, is conducting market research to identify qualified Indian Economic Enterprises (IEEs) and Indian Small Business Economic Enterprises (ISBEEs) for potential future procurements under the Buy Indian Act. This action, identified by solicitation number DOIAFBO260086 and posted on June 30, 2026, with a response deadline of September 30, 2026, is not a solicitation or contract but a request for capability statements to inform upcoming procurement decisions. Interested parties must submit a single capability statement via email to biaq@bia.gov, including their company name, SAM.gov UEI, IEE or ISBEE certification status, applicable NAICS codes—specifically 523991—as well as details on core competencies, demonstrated experience in relevant sectors such as engineering, fiduciary, or food service, geographic service coverage, and designated points of contact. The notice is limited to entities certified as IEEs or ISBEEs, with no eligibility extended to other business types. The contracting office is located in Reston, Virginia, and while no contract value, pricing, delivery terms, or performance periods are specified, the information gathered will assist the agency in determining the availability and capacity of qualified Indian-owned businesses for future set-aside opportunities. No clauses, evaluation factors, inspection criteria, or contractual obligations are included, as this is purely a pre-solicitation effort to build a vendor database and assess market capability; submissions are voluntary and used solely for informational purposes to support future contracting actions under the Buy Indian Act.
Bureau Of Indian Affairs

POSTED

15 days ago

DEADLINE

in 3 months
View Details
NAICS: 523991
Federal
Financial and Trust ServicesThe contract seeks to provide fiduciary, trust, and financial advisory services aimed at strengthening tribal economic self-sufficiency and financial sovereignty. It is structured as a subcontract under the Indian Economic Enterprise (IEE) Set-Aside, which is specific to the Department of the Interior and Indian Health Services, ensuring that only eligible Native American-owned businesses can compete. The North American Industry Classification System code 523991 identifies the scope as other financial investment activities, indicating a focus on tailored financial management and stewardship solutions rather than broad banking or lending services. The opportunity was posted on June 30, 2026, with responses due by September 30, 2026, giving interested parties approximately three months to prepare and submit proposals. The Bureau of Indian Affairs within the Department of the Interior is the contracting authority, though no specific office address or point of contact is listed, suggesting the procurement may be managed centrally or through regional tribal liaisons. Performance location details are not specified, implying services could be delivered remotely or across multiple tribal lands, depending on the awardee’s capacity and the needs of the participating tribes.
Bureau Of Indian Affairs

POSTED

15 days ago

DEADLINE

in 3 months
View Details
NAICS: 523991
SLED
Fiscal Agent ServicesThe New Mexico Department of Finance and Administration is seeking qualified Fiscal Agents through a competitive solicitation process to provide centralized financial administration services for federally and state-funded community programs across the state. These Fiscal Agents will act as trusted intermediaries between the Department and various procuring agencies, managing the receipt, disbursement, and reporting of program funds while ensuring strict compliance with all applicable federal and state laws, regulations, and best practices in fiscal management. The selected Fiscal Agent will not assume legal or operational control over program activities but will be responsible for safeguarding funds, maintaining accurate financial records, and delivering comprehensive, transparent financial reporting to support accountability and efficiency across all funded projects. The solicitation, identified as StateOfNewMexico-60-00000-26-00068, was posted on June 25, 2026, with proposals due by 11:00 PM on July 22, 2026. All inquiries must be directed in writing to Procurement Manager Sabrina Varela, who is the sole authorized point of contact for this procurement; no other state employees or committee members may provide official responses. The Fiscal Agent services will be statewide in scope, enabling any procuring agency to access standardized financial oversight without compromising their autonomy over programmatic decisions. The goal is to strengthen financial integrity, reduce administrative duplication, and promote uniform compliance throughout New Mexico’s public funding ecosystem.
New Mexico

POSTED

20 days ago

DEADLINE

in 8 days
View Details
NAICS: 523991
SLED
Pension Trust Custody and Administrative ServicesThe City of Fairfax, Virginia, is seeking qualified providers to deliver comprehensive pension trust custody and administrative services under solicitation RFP-118016, which was posted on June 23, 2026, with a response deadline of July 23, 2026. The contract requires the vendor to provide full custody services for pension assets, including secure holding of securities and cash, along with detailed accounting functions to track transactions, income, and asset valuations. Performance reporting must be accurate, timely, and tailored to meet fiduciary standards, ensuring transparency and accountability for the pension fund’s investment activities. The selected provider will also assume fiduciary administrative responsibilities, supporting the city in managing compliance, risk, and governance obligations related to the pension trust. The services are to be performed primarily within the City of Fairfax, Virginia, and the contract is open to all eligible vendors without any specific set-aside classification. Interested parties should direct inquiries to Patricia Innocenti at the provided contact information. The vendor must demonstrate proven experience in managing institutional pension assets and possess the operational infrastructure to support daily custody, reconciliation, reporting, and fiduciary oversight. Proposal submissions must be received by the stated deadline, and further details can be accessed through the official vendor portal link provided in the solicitation.
City of Fairfax

POSTED

21 days ago

DEADLINE

in 9 days
View Details
NAICS: 523991
Closed
SLED
27-FD-04 Investment Custodian Services ProviderThe Mississippi State Port Authority at Gulfport is inviting proposals for the role of Investment Custodian Services Provider. Interested parties must submit all inquiries in writing to Angela Shortt, the Purchasing Administrator, at the provided office address or via email. Proposal documents are available online at specified websites, and upon request, a detailed Request for Proposal and Qualifications packet can be sent to provide further information. All submissions must be received by 3:00 PM Central Time on Tuesday, July 14, 2026. The solicitation, identified as 27-FD-04 with solicitation number 42422492, was posted on June 10, 2026. The contract is managed by the Mississippi State Port Authority, a state and local government entity located in Gulfport, Mississippi. The selected provider will be responsible for delivering investment custodian services, with performance taking place in Gulfport. Angela Shortt serves as the primary contact for this solicitation, accessible via email or phone for any questions related to the proposal process. Detailed information and submission guidelines are available through the official procurement websites.
Mississippi State Port Authority

POSTED

about 1 month ago

CLOSED

about 10 hours ago
View Details
NAICS: 523991
Closed
SLED
REQUEST FOR PROPOSALS (RFP) 2026-1 BANKING, INVESTMENTS, AND OPEB TRUST ADMINThe Housing Authority of the City of Middletown, Connecticut (MHA) has issued a Request for Proposals (RFP) seeking qualified firms to provide banking, investment, and Other Post-Employment Benefits (OPEB) trust administration services. This contract covers an initial period of three years and aims to serve not only MHA but also its affiliated entities, including the Forest City Development Corporation (FCDC), as well as any other corporate bodies controlled by MHA or FCDC. The solicitation is managed through the Connecticut Department of Administrative Services Procurement office, with submissions due by July 2, 2026. This RFP represents a comprehensive effort to secure financial services that will support the ongoing fiscal management and fiduciary responsibilities of the MHA and its affiliated entities. Interested firms are invited to submit proposals that demonstrate their capability in banking, managing investments, and administering OPEB trusts to meet the diverse needs of these organizations. The point of contact for this solicitation is Ben Bare, who can be reached for further inquiries. The contract will be performed within Connecticut, and all relevant information is accessible through the state's official procurement portal.
DAS Procurement

POSTED

about 2 months ago

CLOSED

12 days ago
View Details
NAICS: 523991
Closed
SLED
Custody Bank ServicesThe City of Oklahoma City and its associated Trusts are seeking proposals from qualified financial institutions to provide custodial banking services for the Oklahoma City MAPS Investment and Operating Trust. The selected custodian bank will be responsible for safekeeping securities, managing income collection and disbursement, handling principal from sold or matured securities, and delivering periodic accounting statements. This engagement supports the prudent financial management and long-term growth objectives of the Trust assets, which are funded through the MAPS 4 sales tax program aimed at community enhancement projects. The Trust operates under a detailed investment policy adopted in 2022, emphasizing diversification, liquidity, and disciplined asset allocation to meet its performance goals. The custodian’s role is integral in safeguarding the Trust’s assets and ensuring transparency and accountability through accurate reporting and effective controls. The solicitation was posted in May 2026 with proposals due by late June 2026, and the primary contact for the procurement is Sean McMahon. The effort reflects the City’s commitment to responsible stewardship of public funds in accordance with Oklahoma statutes and organizational governance policies.
The City of Oklahoma City and Trusts

POSTED

about 2 months ago

CLOSED

20 days ago
View Details
NAICS: 523991
Closed
SLED
Financial and Fiscal Planning for Municipal RevenueThis contract involves the development of long-term fiscal models focused on municipal financial planning. Key responsibilities include analyzing tax status categories such as taxable, tax-exempt, and PILOT (Payment in Lieu of Taxes), projecting municipal revenue, and devising financing strategies that leverage public incentives. These incentives may include programs like the New Markets Tax Credit and brownfield funding, which aim to support economic development and environmental remediation. Issued by the Department of Administrative Services Procurement for Connecticut, the subcontract is identified under NAICS code 523991, which pertains to financial investment advisory services. The solicitation was posted on May 14, 2026, with responses due by June 5, 2026. Although specific location details and points of contact are not provided, the contract focuses on providing specialized financial expertise to assist municipalities in maximizing revenue streams and optimizing their fiscal strategies using publicly available funding opportunities.
DAS Procurement

POSTED

2 months ago

CLOSED

about 1 month ago
View Details
NAICS: 523991
Closed
Canada
Financial Counseling and Case PreparationThe contract involves providing financial counseling and case preparation services to farmers, with a focus on conducting detailed financial assessments to evaluate their economic positions and identify viable recovery options. Contractors are expected to prepare comprehensive case files that document financial data, analyze debt repayment capacity, and assess eligibility for government support programs, all to support the readiness of farmers for mediation processes. The work requires a deep understanding of agricultural economics, financial reporting, and rural financial distress dynamics to deliver tailored recommendations that promote long-term viability. This subcontract is issued by the Government of Canada’s Department of Agriculture and Agri-Food and is targeted for performance in the National Capital Region and across Ontario, excluding the National Capital Region. The solicitation was posted on May 5, 2026, with responses due by June 15, 2026. The North American Industry Classification System code 523991 indicates the service falls under Other Financial Investment Activities, suggesting the role may involve advisory and analytical functions rather than direct lending or asset management. Contractors must be prepared to operate within federal agricultural policy frameworks and demonstrate experience in handling sensitive financial data to support client recovery pathways under government oversight.
Department of Agriculture and Agri-Food

POSTED

2 months ago

CLOSED

29 days ago
View Details
NAICS: 523991
Closed
SLED
CAEATFA01-26 - Trustee Services for the Property Assessed Clean Energy (PACE) Loss Reserve ProgramThe California Alternative Energy and Advanced Transportation Financing Authority is soliciting proposals through RFP Number CAEATFA01-26 to select a qualified trustee firm to manage funds for the Property Assessed Clean Energy (PACE) Loss Reserve Program. The selected trustee will be responsible for overseeing the financial management and safeguarding of program funds, ensuring compliance with all program requirements. The solicitation is open to firms capable of providing these trustee services and interested parties must adhere to the instructions and deadlines specified in the RFP. The solicitation was posted on April 24, 2026, with a proposal submission deadline of May 15, 2026. The opportunity is specifically aimed at firms capable of serving as fiduciary agents for a state-backed clean energy finance program within California. Prospective respondents can direct inquiries to the primary contact, Ashley Peters, via the provided email. The contract emphasizes the role of the trustee in supporting California’s efforts to advance clean energy financing through the PACE Loss Reserve Program, reflecting the state’s commitment to alternative energy and transportation initiatives.
Alternative Energy & Adv Trans

POSTED

3 months ago

CLOSED

about 2 months ago
View Details
NAICS: 523991
Closed
Federal
Financial Reserve & Risk Management ServicesThe contract involves providing Financial Reserve and Risk Management Services for the US Embassy in Freetown, aimed at maintaining solvency and ensuring timely payment of claims. The scope includes conducting comprehensive risk assessments and delivering quarterly reports on financial stability, thereby supporting the embassy’s fiscal health and operational reliability. This subcontract falls under NAICS code 523991, relating to securities and commodity contracts intermediation and brokerage. The solicitation was posted on April 20, 2026, with a response deadline of May 18, 2026. While there is no specified type of set-aside or organization type required for this opportunity, the services are to be performed primarily in Freetown. The contract emphasizes robust financial oversight to mitigate risks associated with financial reserves and claims management, contributing to the sustained financial integrity of the embassy's operations.
US Embassy Freetown

POSTED

3 months ago

CLOSED

about 2 months ago
View Details

Win Contracts in Trust, Fiduciary, and Custody Activities

Get AI-powered intelligence on NAICS 523991 procurement

Real-time contract opportunities for NAICS 523991 (Trust, Fiduciary, and Custody Activities)

AI-powered matching based on your business capabilities and past performance

Competitive analysis of contractors winning awards in this industry

Automated alerts when new opportunities are posted

Miguel
Hillary
Keith Deutsch
Christine

Join 650+ contractors already using CLEATUS