When is the submission deadline?

Submissions are due October 28, 2026. Questions must be submitted by October 21, 2026.

What is the budget for this RFP?

The published budget is $150,000.

It was issued by Division of Banks. The work is located in Massachusetts, United States.

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Program Development, Organizational, and Strategic Planning Services

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Overview

Management Consulting & Admin Support

Massachusetts, United StatesPosted: October 16, 2026Deadline: October 28, 2026

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SUMMARY

The Massachusetts Division of Banks is seeking professional consultant services for ongoing organizational assessment, strategic planning, and benchmarking of its revenue assessment structure.

KEY REQUIREMENTS

Must be listed as an approved vendor on PRF76 under Category 2 (Program Development, Organizational, and Strategic Planning Services)
Must maintain current Small Business Purchasing Program (SBPP) status if applicable
Must submit a transmittal letter signed by an individual authorized to bind the bidder
Must provide background company information
Must provide résumés and/or biographies of individuals assigned to the work
Must provide a pricing structure including proposed hourly rates

BUDGET

Verified

$150,000

CONTRACT DURATION

15 months

TIMELINE

Bid Posted: October 16th, 2026

Deadline to receive questions: October 21st, 2026

Question responses posted: October 23rd, 2026

Deadline for electronic proposal submission: October 28th, 2026

Estimated Award Date: October 30th, 2026

Contract Start Date: November 1st, 2026

QUESTION DEADLINE

October 21, 2026

CONTACTS

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

Additional decision-makers and their departments

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Issuing Agency

Division of Banks

Organization overview and procurement intelligence available on paid plans.

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DESCRIPTION

The Division of Banks seeks professional consultant services to position the agency for the future. Services include modeling and benchmarking of the agency’s revenue assessment structure, organizational review and recommendations to align staff with the agency’s mission, and ongoing support for budget and staffing needs. The contract is for an initial 15-month term, with potential for extensions if the vendor is listed on a successor statewide contract, not to extend beyond March 31, 2028.

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Frequently asked questions

When is the submission deadline?: Submissions are due October 28, 2026. Questions must be submitted by October 21, 2026.
What is the budget for this RFP?: The published budget is $150,000.
Who issued this RFP?: It was issued by Division of Banks. The work is located in Massachusetts, United States.

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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