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Arizona Department of Administration·Arizona

ADOR Unclaimed Properties: Securities Custodian Services, Digital Assets Custodian Services

Closes 6/15/2026$500k – $3MRequest for Proposal
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Description

The Arizona Department of Administration is issuing an RFP to establish one or more single‑agency contracts on behalf of the Arizona Department of Revenue to provide securities custodian services and/or digital assets custodian services for unclaimed property. The State will award contracts on an as‑needed basis with no guaranteed spend, and offers nationwide coverage. Offerors must indicate which services they are bidding for and submit all required documentation for those services. • Services: Securities custodian, Digital assets custodian, or both. • Scope: Statewide coverage for unclaimed property, usage at the State’s discretion. • No guaranteed volume: Contracts may be used intermittently with no minimum spend commitment. • Mandatory documentation: Specific forms and experience/capacity responses must be submitted based on the service(s) offered. • Evaluation: Based on conformance statements, experience, methodology, and proposed subcontractors.

Attached files

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

Contact

Danielle Hartke(Procurement Officer)

[email protected]

Key dates

Opened
4/27/2026
Closes
6/15/2026

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
523130
Solicitation №
BPM007569

Budget estimate

$500,000 – $3,000,000

The solicitation does not disclose a contract value. Based on typical state‑wide custodial contracts for securities and emerging digital‑asset services, annual spend could range from a few hundred thousand dollars for limited usage up to several million dollars if the State elects extensive coverage. Assuming a modest initial engagement, an estimated contract value might be between $500,000 and $3,000,000 per year, depending on the volume of unclaimed assets and the breadth of services provided.

AI estimate from the solicitation

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