A- Cover Letter- RFP- Cash Management Advisory & Custody Services.pdf
PDF 139 KB Posted
- Solicitation number
- 2136412
- Issued by
- Nassau County, New York
About this file
This is a cover letter and Request for Proposals issued by the Long Island Power Authority (LIPA) in New York for Cash Management Advisory & Custody Services. Interested firms must submit electronic proposals consisting of separate technical and price proposal files along with required forms no later than July 27, 2026, by 3 p.m. ET. All RFP materials and communications will be conducted through Bonfire's website at https://lipower.bonfirehub.com, with Rosa Rhoden, Senior Manager of Procurement, serving as the primary point of contact. Proposers are strictly prohibited from contacting Authority Board members, staff, or consultants outside the formal RFP process, with violations subject to disqualification. All questions and responses will be posted on the RFP website to ensure equitable information distribution among all proposers.
Previous firms awarded identical or substantially similar contracts within the past five years include Goldman Sachs and US Bank. The procurement contains no contracting goals for Service-Disabled Veteran-Owned Businesses (SDVOB), Minority Business Enterprises (MBE), Women Business Enterprises (WBE), or Disadvantaged Business Enterprises (DBE), with all goals set at 0.00%. Specific pricing terms, contract duration, renewal options, and funding sources are not detailed in this cover letter and would be contained within the full RFP documentation.
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Text version
June 18, 2026
To All Interested Proposers:
The Long Island Power Authority (the “Authority”) is soliciting proposals from firms to provide Cash Management - Advisory & Custody Services. The Request for Proposals ("RFP") is available for your reference on Bonfire’s web site at https://lipower.bonfirehub.com.
It is requested that no later than July 27, 2026, by 3 p.m. ET, each proposer submit electronic copies of their technical proposal and price proposal in two separate files, along with the necessary forms.
To facilitate communications between the Authority and Proposers and to ensure that all Proposers have access to the same information, all information concerning this RFP will be posted on Bonfire’s website at https://lipower.bonfirehub.com. All questions regarding this RFP must be submitted as set forth in the RFP. The Authority will post questions and responses on the RFP website.
Rosa Rhoden will serve as the primary point of contact for this RFP. Except as otherwise stated in the RFP, no other contact with Authority Board members, staff, or consultants regarding this RFP will be allowed during the RFP process. Violation of this requirement may be grounds for disqualification from the RFP process.
We look forward to your interest and participation in this RFP.
Sincerely, Rosa Rhoden Senior Manager, Procurement https://lipower.bonfirehub.com/ https://lipower.bonfirehub.com/
File details come from the government source that posted it. Updated .