Opportunity
Massachusetts COMMBUYS #RFQ 2504
Massachusetts State Lottery Commission Seeks Firms for U.S. Government STRIPS and Investment Services
Posted
September 20, 2024
Respond By
January 31, 2030
Identifier
RFQ 2504
NAICS
523120, 523150, 522294
The Massachusetts State Lottery Commission is seeking to establish agreements with qualified firms for the provision of Zero Coupon Non-Callable U.S. Government Securities (STRIPS). - Government Buyer: - Massachusetts State Lottery Commission - Products/Services Requested: - Zero Coupon Non-Callable U.S. Government Securities (STRIPS) - Also known as Separate Trading of Registered Interest and Principal of Securities - Used for investment purposes - Banking and investment services related to STRIPS - Securities and commodities markets services for STRIPS - OEMs and Vendors: - No specific OEMs or vendors are named; solicitation is open to qualified financial firms capable of providing U.S. Government STRIPS - Notable Requirements: - Firms must be able to supply U.S. Government STRIPS - Capability to provide banking, investment, and securities market services relevant to the Lottery Commission's needs - Electronic quotes are accepted - Delivery and Billing: - Delivery location: Canton, MA - Billing location: Dorchester, MA
Description
This Request for Qualification is issued by the Massachusetts State Lottery Commission to establish purchase agreements with qualified firms for Zero Coupon Non-Callable U.S. Government Securities, known as STRIPS. The procurement involves banking and investment services as well as securities and commodities markets services. The solicitation allows electronic quotes and has a bid opening date set for January 31, 2030. The procurement is managed by the Massachusetts State Lottery Commission with shipping to Canton, MA and billing to Dorchester, MA.