Proposals due by 2:00 p.m. CT on April 28, 2017
The Office of the Illinois State Treasurer (“Treasurer”), in participation with the Illinois Office of the Comptroller (“IOC”), is issuing this Request for Proposals (“RFP”) for electronic commerce payment services, specifically for the initiation of State of Illinois disbursements. Financial institutions that submit responses (“Respondents”) shall submit their responses to this RFP (“Proposals”) by 2:00 p.m. CT on April 28, 2017.
The winning Respondent (“Contractor”) must be a financial institution that is authorized to do business in Illinois and is either Illinois- or nationally-based with a presence in Illinois. In addition, the Contractor must be a member of the Federal Reserve System, have access to all services as a member bank, and qualify as a depository for public funds. At the time the Contractor submits its Proposal, or prior to that time, if required by law, the Contractor must have all required licenses, bonding, facilities, equipment, and trained personnel necessary to perform the work specified in this RFP. Finally, the Contractor must have a minimum of ten (10) years of experience performing the services being sought by this RFP.
The Treasurer intends to select the responsible and responsive Respondent with the most efficient and cost effective electronic commerce payment process. The Contractor shall enter into a joint contract with the Treasurer and the IOC (“Agreement”) for an initial term of five (5) years. Upon expiration of this term, the Treasurer and the IOC may elect to extend the Agreement for a period of time agreed upon by the parties, not to exceed a total of ten (10) years, including the initial five (5) years.
The purpose of this procurement is to select a broker or brokers to market, manage and service insurance policies for specified and future liability insurance coverage needs for the State of Maryland. The types of liability coverage include but are not limited to comprehensive general liability, professional liability, and marine liability. Category A includes all liability coverage needs not covered by Category B or Category C. Category B is dedicated to liability coverage needs for the Maryland Transportation Authority and Category C is dedicated to the liability coverage needs of the Maryland Port Administration. Offerors are encouraged to submit proposals for Category A, Category B, or Category C, or on more than one of them.
The Maryland State Treasurer’s Office (the “Office”), which is issuing this Invitation For Bids (“IFB”), is requesting bids for financing, on a consolidated basis, the acquisition by agencies (the “Agencies”) of the State of Maryland (the “Lessee” or the “State”) of certain equipment under a tax-exempt lease-purchase financing arrangement (the “Lease”, also referred to herein as the “Contract”). The successful bidder (the “Lessor” or “Contractor”) will provide financing for $613,913.59 in new equipment purchases (the “Equipment”). The financing is expected to close March 22, 2017 (the “Financing date”). The financing shall be provided as described in Section III of this Invitation for Bids (“IFB”).
Schedule of Events
IFB Release Date – February 3, 2017
Deadline for Bids and Bid Opening – February 8, 2017 by 11:00 AM Local Time
Date of Contract Award – March 8, 2017
Funding/Closing Date – March 22, 2017
The Office of the Nevada State Treasurer, in accordance with its responsibilities to administer the Nevada Prepaid Tuition Program, is requesting proposals from qualified actuarial firms to perform actuarial services including the annual preparation of an actuarial study as required in Nevada Revised Statutes (NRS §353B.190) and develop annual pricing models as allowed by NRS §353B.l10(3).
The Nevada Higher Education Prepaid Tuition Trust Fund, created for the Nevada Prepaid Tuition Program, was approved by the Nevada Legislature during the 1997 biennial session (NRS §353B, College Saving Plans of Nevada). This authority also created the Board of Trustees of the College Saving Plans of Nevada chaired by the State Treasurer. NRS §353B can be found on the web at http://leg.state.nv.us/NRS/NRS-353B.html. Nevada Administrative Code (NAC) §353B contains the regulations of the Program and can be found on the web at http://leg.state.nv.us/NAC/NAC-353B.html. Information on the Program may also be obtained from the web at www.nevadatreasurer.gov
The Board of Trustees of the College Savings Plans of Nevada (Board) reviews the annual actuarial valuation report prior to approving pricing for the prepaid tuition contracts before each enrollment period. The actuaries will provide a recommended pricing schedule based on certain Board-approved assumptions. The Board endeavors to establish rates sufficient to compensate for anticipated tuition increases, administrative expenses and a stabilization reserve.
The resultant contract will be for a four-year period beginning July 1, 2017.
Deadline for Submissions: February 16, 2017 @ 2:00 PM
The State of Delaware Cash Management Policy Board (“Board”) is seeking a qualified consulting and/or advisory services firm (“Consultant”) with substantial public sector experience to review the State of Delaware’s banking framework, and to recommend a course of action to achieve the most efficient architecture. The Consultant will work directly with the Office of the State Treasurer (“OST”) and the Banking Structure Task Force (“Task Force”) convened by OST.
The proposed schedule of events subject to the RFP is outlined below:
Event DATE Public Notice / Issue of RFP – January 27, 2017
Deadline for Consultant Questions – February 14, 2017
Response to Questions Posted – February 21, 2017
Deadline for Receipt of Proposals – February 28, 2017 at 4:00 PM EST
Finalist Presentations – Week of March 9, 2017
Estimated Notification of Award – Week of March 23, 2017
The Treasury Department, Division of Risk Management and Claims Administration, processes claims filed against the State of Tennessee for the negligent operation of motor vehicles or machinery; negligent care, custody and control of persons or property; professional malpractice; workers’ compensation claims filed by State of Tennessee employees; dangerous conditions on State maintained highways and bridges; and nuisances created or maintained by the State. Pursuant to Tennessee Code Annotated, Title 9, Chapter 8, Parts 3 and 4, the Division of Claims Administration operates in conjunction with the Tennessee Attorney General’s Office and the Tennessee Claims Commission in this claims process.
The Division of Claims Administration contracts with a third party administrator for the processing of workers’ compensation claims. The Division’s staff monitors the work done by the third party administrator and acts as a liaison between State employees and the third party administrator.
During the period from July 1, 2015 through June 30, 2016, the Division of Claims Administration received approximately three thousand (3,000) workers’ compensation claims and two thousand one hundred twenty-eight (2,128) employee property damage and tort claims. As of June 30, 2016, there were approximately one hundred thousand (100,000) regular and part-time State employees (including employees employed in public institutions of higher education).
All claims falling within the above categories are paid through the Risk Management Fund. This fund is supported by premiums paid by each State department, agency and institution. The required funding is based upon an actuarial study that reflects risk assessment and estimated losses. The State’s funding for self-insurance is compiled using an occurrence based funding method. The State has limits of liability in tort of $300,000 per person in any one occurrence not to exceed a maximum of $1,000,000 per occurrence. The State’s workers’ compensation liability is governed by the existing workers’ compensation statutes in Tennessee, which are codified in Tennessee Code Annotated, Title 50, Chapter 6, with exceptions as described in Tennessee Code Annotated, Section 9-8-307(a)(1)(K)(ii). Accounting for the Risk Management Fund is in accordance with Statement Number 10 of the Governmental Accounting Standards Board (GASB).
To determine the funding required for the Risk Management Fund and the premiums required of each such department, agency and institution, the successful proposer will be expected to perform a self-insured funding study of the expected liability of the Risk Management Fund for the fiscal year ending June 30, 2019 (based on data as of June 30, 2017) and every subsequent fiscal year for the duration of the contract (as defined in Section B of RFP Attachment 6.6., Pro Forma Contract). In addition, the successful proposer will be expected to perform a self-insured funding study of the cumulative outstanding Fund liability as of the year ending June 30, 2017 and every subsequent fiscal year for the duration of the contract (as defined in Section B of RFP Attachment 6.6., Pro Forma Contract). Copies of the documents comprising the most recent study performed by the State’s current risk management actuarial firm can be found in RFP Attachments 6.7, 6.8, 6.9, and 6.13.
On an annual basis, the State will furnish to the successful proposer certain information concerning all historical claim payments and loss reserves valued as of June 30. A description of the information and the means by which it will be provided is contained in Section A.2.a(1) of RFP Attachment 6.6., Pro Forma Contract. A copy of the claim payments and loss reserves information from the current study can be found in RFP Attachments 6.8 and 6.9, titled Estimation of Outstanding Losses Workers Compensation and Estimation of Outstanding Losses Tort Reserves. The numerical codes that identify the types of claims and the numerical codes that explain the causes of claims, which are referred to in Section A.2.a(1) of RFP Attachment 6.6., Pro Forma Contract, can be found in RFP Attachments 6.10 and 6.11, respectively.
In addition, the State will annually furnish to the successful proposer certain information regarding units of claim exposure in each department, agency and institution of the State of Tennessee, and the administrative cost for administering the risk management program. A description of the information and the means by which it will be provided is contained in Sections A.2.a(2) of RFP Attachment 6.6., Pro Forma Contract. A copy of the exposure unit data provided to the State’s current contractor for the most recent study can be found in RFP Attachment 6.14.
The purpose of this Request for Proposal (“RFP”) is to invite qualified service providers (“Respondents”) to prepare and submit a proposal (“bid” or “Proposal”) to provide the following professional consulting services related to payment card industry data security standards (“PCI DSS”) and payment application data security standards (“PA DSS”): PCI compliance services performed by a qualified security assessor (“QSA”), (“QSA Compliance Services”) and PCI approved scanning vendor services, (“ASV Services”) to the Office of The Illinois State Treasurer (“Treasurer”) and other State of Illinois state agencies (“State Agencies”), in accordance with the requirements defined throughout this RFP. This RFP also includes an optional request for PCI qualified integrator reseller evaluation services (“QIR Evaluation Services”). The Treasurer is issuing this RFP to award a master contract to a qualified PCI service provider (“Contractor”), thereby allowing for expedited PCI contract execution between said Contractor and State Agencies. The Contractor shall enter into a master contract with the Treasurer (“Agreement”) and ordering agreements (“Ordering Agreements”) as requested by any State Agencies approved by the Treasurer to enter into such agreements (“Participating Agencies”)
The Board (Board) of VA529 is seeking proposals from investment consulting firms (“Consultant” or “Firm”) to provide investment consulting services. VA529 administers five programs under Section 529 and 529A of the Internal Revenue Code (“IRC §529”): Virginia529 prePAID (prePAID), Virginia529 inVEST (inVEST), CollegeAmerica®, CollegeWealth and Achieving a Better Life Experience (ABLE). Program descriptions are available at www.Virginia529.com (prePAID, inVEST, CollegeWealth and ABLEnow) and www.AmericanFunds.com (CollegeAmerica).
VA529’s Investment Advisory Committee (IAC) will review the proposals submitted and select the Consultant to be recommended for this service. After a review of the submissions, the Committee may either select a single finalist or conduct interviews with one or more Firm(s). Staff will then negotiate a contract with the selected Consultant to provide the services outlined in this RFP.
The Maryland State Treasurer’s Office is responsible for the deposit, investment, and disbursement of all funds into or out of the State Treasury. The purpose of this procurement is to select a financial institution to provide lockbox services associated with the receipt and deposit of payments made to the State of Maryland.
The Tennessee Department of Treasury (“State”) is seeking the services of a recruitment agency or recruitment specialist to provide the State’s Human Resources Division with consulting services to recruit executive level professionals for positions in the following divisions, including, but not limited to, Accounting and Information Systems. As of the date of this procurement, the State has approximately two hundred fifty (250) employees who provide services to the State in areas such as: the Tennessee Consolidated Retirement System (administration and investments); College Savings; Unclaimed Property; Cash Management; and Risk Management. These areas involve sophisticated accounting and information technology solutions that require highly qualified staff. In providing these services as it relates to Accounting and Information Systems, the State is seeking qualified candidates as job vacancies arise. The State anticipates that the Contractor resulting from this RFP will work together with the State to assess the State’s business needs and develop a strategy and methodology for successful recruitment. It is anticipated that the State could seek to hire up to five (5) professionals per year utilizing this service; this, however, is not a guarantee of the number of employees sought by the State pursuant to this Contract.