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  5. ›2026-RFP-Cash Management Advisory and Custody Services

NYS Long Island Power Authority·New York

2026-RFP-Cash Management Advisory and Custody Services

Closes 7/27/2026$2.5M – $25MRequest for ProposalLogin required
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Description

To All Interested Proposers: The Long Island Power Authority (the “Authority”) is soliciting proposals from firms to provide Cash Management - Advisory & Custody Services. The Request for Proposals ("RFP") is available for your reference on Bonfire’s web site at https://lipower.bonfirehub.com. It is requested that no later than July 27, 2026, by 3 p.m. ET, each proposer submit electronic copies of their technical proposal and price proposal in two separate files, along with the necessary forms. To facilitate communications between the Authority and Proposers and to ensure that all Proposers have access to the same information, all information concerning this RFP will be posted on Bonfire’s website at https://lipower.bonfirehub.com. All questions regarding this RFP must be submitted as set forth in the RFP. The Authority will post questions and responses on the RFP website. Rosa Rhoden will serve as the primary point of contact for this RFP. Except as otherwise stated in the RFP, no other contact with Authority Board members, staff, or consultants regarding this RFP will be allowed during the RFP process. Violation of this requirement may be grounds for disqualification from the RFP process. We look forward to your interest and participation in this RFP. Business enterprises awarded an identical or substantially similar procurement contract within the past five years: Goldman Sachs US Bank Service-Disabled Veteran-Owned Business (SDVOB) SDVOB Goal: 0.00% Minority / Women Business Enterprise contracting goals (MWBE) MBE Goal: 0.00% WBE Goal: 0.00% Disadvantaged Business Enterprise contracting goals (DBE) DBE Goal: 0.00%

Attached files

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

Contact

Rosa Rhoden(Manager of Procurement)

[email protected]

(516) 719-4706

Key dates

Opened
6/22/2026
Closes
7/27/2026
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
523110
Solicitation №
2026-RFP-Cash Management Advisory and Custody Services

Budget estimate

$2,500,000 – $25,000,000

The budget for this contract is likely to be in the range of $500,000 to $5 million per year, depending on the scope of services and the level of expertise required. This estimate is based on the fact that the contract term is 5 years, and the Authority is seeking a firm with experience in providing similar services to other organizations. The actual budget may be higher or lower, depending on the specific requirements of the contract and the qualifications of the selected firm. Factors that may influence the likely payment range include the level of competition, the complexity of the services required, and the Authority's budget for the contract.

AI estimate from the solicitation

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