Institutional Trustee Services

The State of New Mexico, through its General Services Department, is seeking an institutional trustee to manage its bond portfolio. The contractor will act as trustee, registrar, and paying agent for up to $500 million in state bond funds, providing fiduciary oversight, brokerage, accounting, investment administration, and reporting services over a four‑year term. The award will be made after a competitive negotiation process, and proposals must be submitted electronically by the stated deadline. • Administer principal, interest, and service‑charge payments for state bonds. • Provide secure, encrypted reporting portals with monthly statements and ad‑hoc data extracts. • Maintain compliance with New Mexico statutes, SEC rules, and bond indenture requirements, including cybersecurity and disaster‑recovery protocols.