SURCH Services for Unclaimed Property

The State of Michigan Treasury has issued an Invitation to Negotiate (ITN) 250000000016 for SURCH Services for Unclaimed Property, seeking a specialized provider to manage unclaimed property services. The solicitation was originally posted on SIGMA VSS on 5/1/2025, with a proposal deadline of 5/7/2025. Despite no competitive bids being submitted by the stated deadline, the Michigan Treasury is recommending awarding the contract to the National Association of State Treasurers (NAST), believing them to be the sole capable provider of the required SURCH Unclaimed Property services. The solicitation is managed by Andrew Shaver, who can be contacted at Shavera@michigan.gov or 517-420-5328 for any questions. The procurement seeks comprehensive services related to unclaimed property management, with the state intending to begin contract negotiations following potential State Administrative Board approval.

The procurement appears to have no specific set-aside designations or restrictions on organizational respondents based on the available documentation. No information is provided about disadvantaged enterprise requirements or preferences. The document does not specify incumbent vendors, existing infrastructure, or technology integration requirements. Notably, the procurement stands out for its unique circumstance of recommending award despite receiving no competitive bids, which suggests the specialized nature of the SURCH services being sought. While specific contract values or budget ranges are not disclosed in the available documentation, the recommendation to award suggests the state views the services as critical and NAST as uniquely qualified to provide them. The potential contract is pending State Administrative Board approval, with the next steps involving direct negotiations with NAST.