Opportunity
Massachusetts COMMBUYS #BD-27-1024-DOB01-DOB01-134495
As-needed organizational and strategic planning consulting for the Massachusetts Division of Banks
Posted
October 16, 2026
Respond By
October 28, 2026
Identifier
BD-27-1024-DOB01-DOB01-134495
NAICS
541611
The Commonwealth of Massachusetts Division of Banks is seeking on-call consulting support for organizational assessment, budgeting, staffing, and strategic planning. - Government buyer: Commonwealth of Massachusetts, Division of Banks; the Division is the sole user agency. - Requested services: PRF76 Category 2 program development, organizational, and strategic planning consulting, provided as needed at agreed hourly rates. Potential work includes: - Modeling and benchmarking the Division’s revenue assessment structure. - Reviewing the organization and recommending staffing alignment with its mission. - Ongoing budget and staffing support, plus related reviews, presentations, and strategic-positioning assistance. - OEMs and vendors: No consulting vendor or OEM is named in the materials. No products, part numbers, or product quantities are requested. - Notable requirements: Work is fee-for-service, with no guaranteed utilization and a maximum anticipated contract obligation of $150,000. Evaluation considers SBPP certification, hourly rate, familiarity with financial regulation, understanding of the Division’s budget, revenue, and staffing processes, and prior similar work for financial regulators. SBPP certification and cost each account for 25% of the evaluation; financial-regulation familiarity and operational understanding each account for 20%; similar experience accounts for 10%.
Description
The Massachusetts Division of Banks seeks quotes for continued professional consultant services to support ongoing organizational assessment and strategic positioning. The requested work includes modeling and benchmarking the agency’s revenue assessment structure, reviewing the organization and recommending staffing alignment, and providing ongoing budget and staffing support, reviews, and presentations. The selected vendor will provide services as needed, with no guarantee that services will be used. Bidders must be approved vendors under PRF76 Category 2; the RFQ states a maximum anticipated contract obligation of $150,000.