New York State Contract Reporter #26-1470

Administration and Management Services for Roosevelt Island Public Purpose Fund

The Roosevelt Island Operating Corporation (RIOC) is seeking a qualified organization to administer the Roosevelt Island Public Purpose Fund, which supports nonprofit programs benefiting Roosevelt Island residents. - Government Buyer: - Roosevelt Island Operating Corporation (RIOC), a New York State Public Benefit Corporation - Services Requested: - Comprehensive administration and operational support for the Public Purpose Fund - Management of grant application process, outreach, technical assistance, eligibility review, due diligence, facilitation of independent grant review committee, grant agreement preparation, payment processing, compliance monitoring, reporting, data security, and public communications - Products/Part Numbers: - No specific products or part numbers; all requested items are services - Quantities: - One contract for full administration and management services - Unique/Notable Requirements: - Annual grant pool of approximately $250,000 - Data security and conflict of interest policies required - Transparent fee structures - Contract term is one year with up to four one-year renewal options - 30% Minority/Women Business Enterprise (MWBE) participation goal - No Service-Disabled Veteran-Owned Business (SDVOB) goal - No prior similar contracts awarded in the past five years - OEMs and Vendors: - No OEMs or specific vendors mentioned; opportunity is open to qualified organizations

Description

Roosevelt Island Operating Corporation (RIOC) is seeking a qualified organization to provide complete administrative and operational support for the Roosevelt Island Public Purpose Fund. The Fund supports nonprofit organizations whose programs, services, and projects directly benefit residents of Roosevelt Island and enhance the quality of life in the community. The selected organization will manage the annual grant application process, conduct outreach and technical assistance, review applications, administer grant agreements and payments, monitor compliance, and provide regular reports to RIOC. The contract term is one year with four one-year renewal options.

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