Overview


Financial, Legal, HR & Staffing
Santa Fe, New Mexico, United StatesPosted 23 days agoDeadline: May 5th, 2026

Fit Score


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SUMMARY


RFP for a custodian to act as depository for insurers' securities and assets in Santa Fe, New Mexico, with full custodial, reporting, and fee administration responsibilities.

KEY REQUIREMENTS


BUDGET

Estimate

$500,000 – $2,000,000

CONTRACT DURATION


120 months

TIMELINE


RFP Release Date: April 2nd, 2026

Deadline to Submit Written Questions: April 9th, 2026

Response to Written Questions: April 16th, 2026

Proposal Due Date: May 5th, 2026

Proposal Evaluation: May 6th, 2026 – May 12th, 2026

Selection of Finalists: May 13th, 2026

Oral Presentations: May 14th, 2026

Best and Final Offers: May 15th, 2026

Finalize Contractual Agreements: June 17th, 2026

Contract Awards: July 1st, 2026

QUESTION DEADLINE


April 9th, 2026

Issuing Agency


Office Of The Superintendent Of Insurance

Organization overview and procurement intelligence available on paid plans.

DESCRIPTION


A government authority located in Santa Fe, New Mexico, is seeking a vendor to provide custodian services to act as a depository for insurers’ securities and other properties. The selected custodian will be responsible for managing custodial accounts, including making purchases, sales, and deliveries of securities as directed by the superintendent or their designee.

Duties include collecting interest and other income from securities, distributing these proceeds as directed by insurers or providers, and executing necessary declarations, affidavits, and ownership certificates to facilitate collection of income or principal payments. The custodian will also be tasked with billing and collecting custodial fees from insurers and supplying detailed transaction reports, lists of assets, and all other available account information to insurers and providers.

Vendors were required to submit questions by April 9, 2026.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.

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