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  5. ›REQUEST FOR PROPOSALS (RFP) 2026-1 BANKING, INVESTMENTS, AND OPEB T…

Connecticut Middletown Housing Authority·Connecticut

REQUEST FOR PROPOSALS (RFP) 2026-1 BANKING, INVESTMENTS, AND OPEB TRUST ADMIN

Closes 7/2/2026$300k – $1.5MRequest for Proposal
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Description

The Housing Authority of the City of Middletown, Connecticut (MHA), is seeking proposals for banking, investments, and OPEB trust administration services for an initial period of three years. The successful bidder will provide these services to MHA, its affiliated Connecticut non-stock corporation, Forest City Development Corporation (“FCDC”), and any other corporate entities created and controlled by MHA or FCDC. Key aspects of the job include: • Banking services • Investment services • OPEB trust administration services • Initial contract period of three years The proposal should include details of the bidder's experience, qualifications, and approach to providing these services.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Ben Bare

(860) 781-4114

Key dates

Opened
5/29/2026
Closes
7/2/2026
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522110
Solicitation №
37208

Budget estimate

$300,000 – $1,500,000

The estimated budget for this contract is difficult to determine without more information on the scope of work and the specific services required. However, considering the services involved, such as banking, investments, and OPEB trust administration, the budget could potentially be in the range of $100,000 to $500,000 per year, depending on the complexity and scale of the services provided. This would put the total contract value over three years at $300,000 to $1,500,000. Factors that may influence the likely payment range include the experience and qualifications of the bidder, the level of competition, and the specific requirements of the contract.

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