New York State Contract Reporter #Q26-7766JH

NYPA Solicits Debt Management Solution for Statewide Financial Operations

The Power Authority of New York (NYPA) is seeking proposals for a comprehensive Debt Management Solution to support its statewide operations. - Government Buyer: - Power Authority of New York (NYPA), WPO Procurement division - Primary office located at 123 Main Street, White Plains, NY - Products/Services Requested: - Debt Management Solution implementation and support - Centralized tracking of long-term and short-term debt - Management of bond proceeds - Comprehensive reporting features for accurate financial reports - Financial modeling to evaluate various debt scenarios - Recordkeeping for key bond documents - Support for compliance requirements - Contract Details: - Three-year contract term - Statewide implementation across New York - OEMs and Vendors: - No specific Original Equipment Manufacturers (OEMs) or vendors are named in the solicitation - Unique/Notable Requirements: - Solution must provide robust financial modeling and reporting - Must support compliance and recordkeeping for bond documents - Centralized, statewide capability is required

Description

The New York Power Authority (NYPA) is soliciting proposals for a Debt Management Solution that offers centralized tracking of both long-term and short-term debt, management of bond proceeds, and comprehensive reporting capabilities. The solution should also include financial modeling to evaluate debt scenarios, recordkeeping for key bond documents, and support for compliance requirements. This contract is for a term of three years and is open to qualified firms capable of delivering these services. The procurement is managed by the WPO Procurement division of NYPA, located in White Plains, NY.

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