When is the submission deadline?

This RFP closed on March 20, 2026 and is no longer accepting submissions.

What is the budget for this RFP?

Settle estimates the budget at $300,000 – $1,500,000. The issuer has not published an official figure.

It was issued by Texas Municipal League Intergovernmental Risk Pool. The work is located in Austin, Texas, United States.

Master Custody Services (Closed)

Overview

Financial, Legal, HR & Staffing

Austin, Texas, United StatesPosted: February 24th, 2026Deadline: March 20th, 2026

Past Due

Fit Score

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SUMMARY

The government authority in Austin, Texas seeks a provider for master custody services, including safekeeping, settlement, and extensive reporting, with a three-year contract term.

KEY REQUIREMENTS

BUDGET

Estimate

$300,000 – $1,500,000

CONTRACT DURATION

36 months

TIMELINE

February 18th, 2026: Release Request for Proposal.

March 4th, 2026 3:00 PM CST: Last day for submission of written questions.

March 6th, 2026: Answers to all questions provided to all interested Proposers.

March 20th, 2026 Prior to 3:00 PM CST: RFP response proposals due. Sealed proposals will be publicly opened, and respondent names read aloud.

April 2026: Make recommendations to Board.

QUESTION DEADLINE

March 4th, 2026

CONTACTS

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

Additional decision-makers and their departments

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Issuing Agency

Texas Municipal League Intergovernmental Risk Pool

Organization overview and procurement intelligence available on paid plans.

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DESCRIPTION

A government authority in Austin, Texas is seeking vendors to provide comprehensive master custody services. These services encompass the safekeeping of cash and securities, settlement of purchases and sales of securities, collection of income and principal, as well as record keeping and reporting.

The current custody institution utilizes a passthrough arrangement with Clearwater Analytics, including a sub agreement, for investment accounting and analytics. Vendors are expected to submit any proposed changes or additions to the attached master custody agreement. Additionally, providers should deliver a description of their online client portal.

The deadline for submitting questions regarding this RFP is March 4, 2026. The resulting contract will be for a period of three years.

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Frequently asked questions

When is the submission deadline?: This RFP closed on March 20, 2026 and is no longer accepting submissions.
What is the budget for this RFP?: Settle estimates the budget at $300,000 – $1,500,000. The issuer has not published an official figure.
Who issued this RFP?: It was issued by Texas Municipal League Intergovernmental Risk Pool. The work is located in Austin, Texas, United States.

Analysis generated by Settle AI from the source RFP.

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