Missouri 529 College Savings Program Management Services
Agency:State of Missouri, Office of Administration, Division of Purchasing
State:Missouri
NAICS Code:523910
Industry:Financial Services
Solicitation Type:Request for Proposal
Solicitation ID:STATE 0000000279SL,2
1/28/2026
Close Date:3/19/2026
Project Duration:72 months
Last Updated:Please visit the bid source via the “Link to Bid Source” button below for documentation.
Mertrell Nickens(Buyer)
Mertrell.Nickens@oa.mo.gov
(573) 751-7656
$5,000,000 – $20,000,000
The estimated budget for this opportunity is difficult to determine, as the RFP does not provide a specific budget or pricing information. However, based on the scope of work and the requirements for the vendor, it is likely that the contract value will be in the millions of dollars. The state agency is seeking a vendor to provide comprehensive program management services, including investment management, recordkeeping, and customer service, which suggests a significant contract value. Additionally, the RFP requires the vendor to have at least $10 billion in assets under advisement in 529 programs or similarly structured products, which suggests a large-scale operation. Therefore, a rough estimate for the contract value could be between $5 million and $20 million per year, depending on the scope of work and the vendor's pricing.
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