When is the submission deadline?

Submissions are due September 7, 2026. Questions must be submitted by August 24, 2026.

What is the budget for this RFP?

The published budget is $4,840,000.

It was issued by Office Of Workforce Strategy. The work is located in Hartford, Connecticut, United States.

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Fund Manager Services

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Overview

Financial, Legal, HR & Staffing

Hartford, Connecticut, United StatesPosted: August 19, 2026Deadline: September 7, 2026

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SUMMARY

A government authority seeks fund manager services for an outcomes-based loan program supporting credential and workforce training. The ideal provider will have experience managing capital, student borrowers, and training providers.

KEY REQUIREMENTS

Must be a non-governmental firm (non-profit or for-profit)
Must possess appropriate licensure to undertake activities in the State of Connecticut
Must have an extensive track record in managing and deploying capital for an outcomes-based loan program
Must have experience managing student borrower and training provider relationships
Must have experience managing and reporting on the use of public funds
Must be licensed by the Connecticut Department of Banking as a student loan servicer
Must maintain industry standard insurance coverage
Must implement data security policies and practices for personally identifiable information

BUDGET

Verified

$4,840,000

CONTRACT DURATION

60 months

TIMELINE

RFP Released: August 18th, 2026

Questions Deadline: August 24th, 2026

Answers Deadline: August 28th, 2026

Proposals Deadline: September 7th, 2026

Implementation Start: January 1st, 2027

QUESTION DEADLINE

August 24, 2026

CONTACTS

Primary procurement contact — name, title, email, and phone

Additional decision-makers and their departments

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Issuing Agency

Office Of Workforce Strategy

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DESCRIPTION

A government authority in Hartford, Connecticut is seeking a fund manager to support a program for individual learners pursuing training to obtain credentials and workforce training through outcomes-based loans.

The selected fund manager should have an extensive track record managing and deploying capital for an agency program, along with experience managing relationships with student borrowers and training providers. All questions must be submitted by August 24, 2026.

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Frequently asked questions

When is the submission deadline?: Submissions are due September 7, 2026. Questions must be submitted by August 24, 2026.
What is the budget for this RFP?: The published budget is $4,840,000.
Who issued this RFP?: It was issued by Office Of Workforce Strategy. The work is located in Hartford, Connecticut, United States.
Who is a good fit for this opportunity?: Fund management firm with experience administering public or agency-sponsored capital programs
Demonstrated expertise deploying and managing loan capital
Proven relationships with student borrowers and training providers
Experience supporting workforce development, education finance, or outcomes-based lending programs
Ability to operate in or serve government clients in Connecticut

Analysis generated by Settle AI from the source RFP.

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Settle pieces together buyer signals, budgets, contract activity, and the sources your team already monitors. See why an opportunity fits and what to do before the RFP posts.

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