Fiscal Agent Services

The State of New Mexico is seeking Fiscal Agent(s) to provide statewide financial‑administration services for federally‑funded and state‑funded community programs. The Fiscal Agent will act as the financial intermediary between the Department of Finance and Administration and any procuring agency, handling fund receipt, segregation, payment processing, reporting, compliance monitoring, and audit support. The contract will be a 5‑year price‑agreement with an optional 5‑year renewal, allowing any eligible state agency, commission, institution, political subdivision, or local body to use the agreement. Offerors must submit a fixed‑percentage fee on service dollars, meet extensive insurance and health‑coverage requirements, and provide a suite of mandatory forms and references. Evaluation is weighted heavily toward experience, references, internal controls, and cost. • Manage and safeguard grant and other public funds with separate accounting codes per project. • Process contractor payments, produce monthly/quarterly/annual financial statements, and support audit follow‑up. • Provide training, user support, and continuous compliance monitoring for multiple state agencies.