RFP no. SA000007-24 - fiscal agent services

The California State Treasurer's Office (STO) has issued Request for Proposals (RFP) No. SA000007-24 for Fiscal Agent Services. The STO is seeking proposals from firms interested in providing registrar and paying agent services for previously issued bearer and fully registered bonds maturing on or after January 1, 2007. The selected fiscal agent will perform services related to various issues of general obligation bonds, state public works board lease revenue bonds, department of water resources revenue bonds, and California housing finance agency housing revenue bonds. The scope of work includes paying agent duties such as processing unpresented principal and interest payments, maintaining the ability to make payments by check, FedWire, or electronic funds transfer, and remitting unclaimed funds to the STO. The registrar duties include managing an accurate and complete register of unpresented registered and bearer bonds. The fiscal agent will also be required to provide various reporting, record retention, and customer service functions. Proposals must be received by July 26, 2024 at 4:00 p.m. PT, and the anticipated commencement of the agreement is October 1, 2024 for a term of three years.

The RFP does not specify any set-aside designations or restrictions on the types of organizations that can respond. The incumbent vendor or current contractor is not listed. The RFP also does not provide any information on the possible award value or budget range.