MHEC MC14-F19 - Leasing, Financing & Banking Services

The MHEC (Massachusetts Higher Education Consortium) is seeking bids from qualified, responsive, and responsible suppliers for the procurement of Leasing, Financing & Banking Services. The contract will involve the provision of leasing, financing, and banking services to support the operations of the MHEC member institutions. Key deliverables include the ability to provide lease financing for equipment and other capital assets, as well as comprehensive banking services such as checking, savings, and electronic funds transfer. Qualified vendors must demonstrate substantial experience in providing these services to public higher education institutions. The evaluation criteria will likely focus on factors such as breadth of service offerings, competitive pricing, and quality of customer service. The bid submission deadline is September 27, 2022, and questions can be directed to the procurement team prior to the due date.

This opportunity is open to all interested and qualified vendors, without any set-aside designations or restrictions on the types of organizations that can respond. The MHEC does not appear to have an incumbent vendor for these services, and there are no specific technology integration requirements mentioned. The total contract value is not explicitly stated, but it is likely to be a multi-year agreement with a significant annual spend based on the scope of the required services.