2026-RFP-Cash Management Advisory and Custody Services
Closed State & local contract opportunity Posted
- Solicitation number
- 2136412
- State
- New York
- Responses due
Opportunity facts
- Jurisdiction
- Point of contact
-
- Rosa Rhoden rrhoden@lipower.org (516) 719-4706
Updated .
About this opportunity
The Long Island Power Authority is soliciting proposals for Cash Management Advisory and Custody Services under RFP 2026-RFP-Cash Management Advisory and Custody Services, with proposals due July 27, 2026 by 3 p.m. ET. No set-asides or contracting goals apply — SDVOB, MBE, WBE, and DBE goals are all 0.00%.
Proposers must submit technical and price proposals as separate electronic files through Bonfire's website at https://lipower.bonfirehub.com, along with required forms. Rosa Rhoden, Senior Manager of Procurement, is the primary point of contact. All questions must be submitted through the RFP portal, and the Authority will post questions and responses on the website to ensure all proposers receive identical information.
Proposers are strictly prohibited from contacting Authority Board members, staff, or consultants outside the formal RFP process. Violation of this restriction is grounds for disqualification.
Goldman Sachs and US Bank are named as firms awarded identical or substantially similar contracts within the past five years. The source does not disclose estimated contract value, contract term, renewal options, or place of performance; these details are contained in the full RFP documentation available on the Bonfire platform.
Opportunity text
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. Business enterprises awarded an identical or substantially similar procurement contract within the past five years: Goldman Sachs US Bank Service-Disabled Veteran-Owned Business (SDVOB) SDVOB Goal: 0.00% Minority / Women Business Enterprise contracting goals (MWBE) MBE Goal: 0.00% WBE Goal: 0.00% Disadvantaged Business Enterprise contracting goals (DBE) DBE Goal: 0.00%
Files
| File | Type | Posted |
|---|---|---|
| A- Cover Letter- RFP- Cash Management Advisory & Custody Services.pdf |
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