77344426Q0057_answers.pdf

This is a Questions and Answers document for a Global Custodial Services contract opportunity (RFQ 77344426Q0057).

The U.S. International Development Finance Corporation (DFC) seeks custodial services for its investment portfolio, which totals approximately $42 billion as of December 31, 2025. Priority custody assets include equity securities, fund investments, debt securities, and other instruments valued at approximately $650 million, with immediate custody needs in India, Australia, and Brazil. DFC anticipates significant portfolio growth given its newly authorized $205 billion capital limit and expanded equity investment authorities, and vendors should price services accordingly while recognizing future scaling needs. The contractor must provide a pricing schedule if fees depend on asset value and/or transaction volume, including any minimum, asset-based, or transaction fees. Custody services are not currently needed for private and non-listed assets; however, contractors should provide pricing for potential future needs. The contractor must safeguard documents and physical securities and maintain transaction records as required by applicable jurisdictional laws.

Immediate custody requirements include services for seven priority assets. The contract will use firm fixed price pricing based on unit pricing with separate contract line items to allow operational flexibility by account size or region. DFC currently requires annual accounting of securities activity with no specific accounting standard mandated; public market valuations (e.g., Bloomberg) are acceptable without audited valuations. No trustee/trust services or bespoke reporting are anticipated. Required services include regulatory and tax filings, proxy voting, profit repatriation, broker liaison for transaction validation and settlement, and other jurisdiction-specific custodian requirements. DFC has published portfolio data publicly for reference, though future transaction scope is expected to deviate significantly from historical patterns.