New Mexico Services Portal #60-00000-26-00068

New Mexico Department of Finance and Administration Seeks Fiscal Agent Services for State and Federally Funded Programs

This opportunity involves the New Mexico Department of Finance and Administration seeking a provider for Fiscal Agent Services to support state and federally funded community programs across New Mexico. - Government Buyer: - New Mexico Department of Finance and Administration - OEMs and Vendors: - No specific OEMs or vendors are named in the solicitation - Products/Services Requested: - Fiscal Agent Services - Centralized financial administration - Fiscal oversight and compliance reviews - Safeguarding of funds - Maintenance of account records - Comprehensive financial reporting - Management of receipt, disbursement, and reporting of project funds - Unique or Notable Requirements: - Fiscal Agent acts as an intermediary, not assuming legal or operational responsibility for projects - Must ensure compliance with all applicable federal and state laws, regulations, and best practices - Service is available to any procuring agency within the state

Description

This solicitation is a Request for Proposal (RFP) for Fiscal Agent Services to support the efficient, effective, and compliant implementation of federally and state-funded community programs throughout New Mexico. The Fiscal Agent will act as an intermediary between the New Mexico Department of Finance and Administration and procuring agencies, providing fiscal oversight, conducting reviews, and ensuring compliance with applicable laws and regulations. The services include centralized financial administration, safeguarding funds, maintaining account records, and comprehensive financial reporting. The Fiscal Agent will not assume legal or operational responsibility for projects but will manage the receipt, disbursement, and reporting of project funds.

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