NIGP 94630: Cash/Securities and Bonding Services

NIGP 94630 Cash/Securities And Bonding Services is an Item code under which state and local governments procure financial intermediation, debt-management advisory, and custodial services to manage cash positions, secure deposits, issue short-term and long-term debt instruments, and maintain compliance with arbitrage and tax regulations. Recent solicitations show governments buying armored courier services for deposit pickup and delivery, banking and treasury services including lockbox processing and wire transfers, investment management and financial advisory for bond structuring and capital planning, debt collection services, arbitrage compliance and yield calculation services, and commercial paper liquidity facilities to support capital improvement programs.

State departments, counties, cities, and independent school districts solicit under this code. Recent activity spans Florida (Department of Commerce), Georgia (Gwinnett County, Douglas County), Michigan (Department of Treasury), Washington (Department of Enterprise Services), Illinois (Housing Development Authority), Texas (Water Development Board, City of Dallas, Bluffdale City, Manor Independent School District), Arizona (City of Scottsdale), and Florida (Hillsborough County Clerk, Broward County, Integral Care in Travis County). Gwinnett County issued an ITB on September 30, 2026 for armored courier services with an October 26, 2026 bid due date, handling approximately $8.5 million in monthly deposits across secured and non-secured county facilities; current incumbent Brinks, Inc. expires December 31, 2026 with contract commencement January 1, 2027. The County of Orange, California posted an RFP on October 9, 2026 for countywide janitorial services due October 27, 2026, establishing a five-year contract with prevailing wage requirements and detention-facility security clearance mandates, structured as both a direct county award and a regional cooperative agreement. Broward County Finance and Administrative Services Department solicited Master Banking Services on August 24, 2026, with proposals due October 13, 2026, covering lockbox, merchant card, purchasing card, third-party custodian, and treasury services with annual volumes of approximately $50 million in lockbox utility payments and $7 billion in investment securities under custody. Michigan Department of Treasury posted two investment consulting and unclaimed property audit RFPs in July 2026, both with August 2026 response windows, managing approximately $122.4 billion in retirement system assets and executing contingency-fee examinations statewide. Washington Department of Enterprise Services opened debt collection services competitive bidding on September 8, 2026 with an October 20, 2026 deadline for a statewide master contract available to state agencies, counties, municipalities, and higher education institutions, with approximately $750,000 in historical annual purchases split across three collection categories. The City of Dallas solicited commercial paper liquidity providers in late April 2026 for three capital programs totaling up to $775 million in authorization across general obligation, airport expansion, and stormwater programs, with contract commencement anticipated July through September 2026.