Bid #83626B0002. Contact: (638) 490-6213. New York, New York. The New York City Department of Finance seeks a contractor to process payments and receivables from Mortgage Service Companies (MSCs). The contractor will validate, aggregate, and consolidate. Due Jul 13 (4 days left).
The New York City Department of Finance seeks a contractor to process payments and receivables from Mortgage Service Companies (MSCs). The contractor will validate, aggregate, and consolidate MSC payment files, match them to Fedwire payments, and produce output files for DOF. Services include file validation, error reporting, and daily reporting. Bids must be submitted electronically through PASSPort. The contract term is anticipated to be six years with renewal options. M/WBE participation requirements apply.
Type: Solicitation Method: Competitive Sealed Bids Category: Services (other than human services) The New York City Department of Finance ('DOF'), as part of the collection process for escrowed real property taxes and related charges, is seeking a qualified contractor for the process of validating, aggregating, and consolidating files received from Mortgage Service Companies (MSCs), matching the MSC files payment totals to a single payment made via Fedwire, and producing a consolidated output file for DOF to post payment records to taxpayers accounts. Contractors who are able to demonstrate sufficient expertise and experience in providing such services in a legal and ethical manner are invited to bid. This Competitive Sealed Bid (RFx) is being released through PASSPort, New York Citys online procurement portal. Responses to this RFx should be submitted via PASSPort. To access the solicitation, vendors should visit the PASSPort Public Portal at https://www.nyc.gov/site/mocs/passport/about-passport.page and click on the PASSPort Public or 'Procurement Navigator' blue box. This will take you to the Public Portal of all procurements in the PASSPort system. To quickly locate the RFx, insert the EPIN into the Keywords search field for additional details. This procurement is subject to Local Law 1 - M/WBE. Please submit your proposals by both acknowledging the receipt of the RFx in the Acknowledgement tab and completing your response in the Manage Responses tab. Vendor resources and materials can be found at the link below under the Finding and Responding to RFx heading. https://www.nyc.gov/site/mocs/passport/getting-started-with-passport.page If you require any assistance with PASSPort, please contact the MOCS Service Desk at https://mocssupport.atlassian.net/servicedesk/customer/portal/8 Bid opening Location - Virtual Bid Opening via Teams https://rb.gy/tf7m6l
The agency published these 2 documents with the solicitation:
DEPARTMENT OF FINANCE issued this public solicitation in New York, New York, referenced as solicitation number 83626B0002. It was published on June 10, 2026, and responses are due by July 13, 2026. Questions can be directed to (638) 490-6213.
DEPARTMENT OF FINANCE in New York, New York is using this solicitation to acquire the goods, services, or construction work described above. Public buyers typically advertise this kind of work as an Invitation for Bids (IFB), Request for Proposals (RFP), or Request for Qualifications (RFQ), depending on whether the selection is price-driven, qualifications-driven, or both. Bidders responding to a public solicitation in New York are generally expected to provide proof of liability insurance and workers' compensation, hold any applicable trade or professional license, and post performance and payment bonds for contracts above the agency's threshold.
Contracts of this type are usually awarded under the issuing agency's published procurement rules, with bid bond, performance bond, and reference requirements set in the solicitation documents. PublicBidSearch indexes this solicitation alongside other open bids in New York so contractors and vendors can compare active opportunities by category, agency, or location without monitoring each procurement portal individually.
To submit a bid for this IFB, review the full solicitation documents for DEPARTMENT OF FINANCE's exact scope of work, submission format, and any mandatory pre-bid meeting or site visit. Responses must be received before the July 13, 2026 deadline — public agencies routinely reject late submissions regardless of cause. Confirm how the agency accepts responses — through an electronic procurement portal, as a sealed hard-copy bid, or by email — because the required method varies by agency and a non-conforming submission can be disqualified. Direct questions about scope or specifications to (638) 490-6213 before the agency's question cut-off date. Vendors that have not previously contracted with DEPARTMENT OF FINANCE should confirm whether registration on the agency's vendor system is required to be eligible for award.
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