Universal Fund Fiscal Agent Services
Overview
Fit Score
Settle Intelligence
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SUMMARY
KEY REQUIREMENTS
BUDGET
EstimateCONTRACT DURATION
TIMELINE
RFP Issue Date: March 6th, 2026
Questions Due: March 20th, 2026
RFP Responses Due: April 3rd, 2026
Anticipated Contract Start Date: July 1st, 2026
Contract End Date: June 30th, 2029
QUESTION DEADLINE
Issuing Agency
State of Vermont, Department of Public Service
Organization overview and procurement intelligence available on paid plans.
DESCRIPTION
A government authority in Montpelier, Vermont is seeking a vendor to provide Universal Fund Fiscal Agent services. The selected contractor will act as the Fiscal Agent for the Vermont Universal Service Fund, a fiduciary role that involves receiving, distributing, and accounting for funds while holding them in trust for telecommunications ratepayers in Vermont. Actions and procedures must align with interpretations and rules issued by the Public Utility Commission.
Responsibilities include developing and implementing internal procedures for collecting and processing carrier remittances, disbursing funds, and providing periodic account statements to carriers. Additionally, the Fiscal Agent will invest the agency's cash resources in insured bank accounts and financial instruments to maximize returns in accordance with applicable laws and state financial guidelines. The contract period will be for three years, with questions due by March 20, 2026.
Source attribution
This Settle analysis is based on the issuing organization’s public RFP listing.