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  5. ›PPSD412 - Fiscal Agent for Student Stipends

Rhode Island

PPSD412 - Fiscal Agent for Student Stipends

Closes 7/9/2026$50k – $150kRequest for ProposalLogin required
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Description

The procurement seeks a qualified fiscal agent to administer and disburse student stipend payments for a defined term. The contractor will be responsible for processing stipend allocations, maintaining accurate financial records, ensuring compliance with applicable regulations, and providing regular reporting to the sponsoring agency. • Manage receipt, tracking, and distribution of student stipend funds. • Perform accounting, reconciliation, and audit‑ready reporting on all stipend transactions. • Ensure compliance with federal, state, and institutional financial policies and student aid regulations. • Serve as the primary point of contact for stipend recipients and answer related financial inquiries. • Provide final financial close‑out documentation at the end of the contract term.

Attached files

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

Key dates

Opened
5/20/2026
Questions due
6/11/2026
Closes
7/9/2026
Duration
50 days

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
541214
Solicitation №
PPSD412

Budget estimate

$50,000 – $150,000

No explicit contract value is provided. Based on the short 50‑day term, the specialized nature of stipend administration, and typical hourly rates for financial‑service contractors ($50‑$150 per hour), a reasonable estimate for the total contract award would fall between $50,000 and $150,000. The low end assumes minimal staffing (one full‑time analyst), while the high end assumes a small team with added reporting and compliance overhead.

AI estimate from the solicitation

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